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California · Through 2026-09-13

PUC § 775

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Where this section sits in the code
  1. Public Utilities Code - PUC
  2. DIVISION 1. REGULATION OF PUBLIC UTILITIES [201. - 3299.100.]
  3. PART 1. PUBLIC UTILITIES ACT [201. - 2120.]
  4. CHAPTER 4. Regulation of Public Utilities [701. - 940.]
  5. ARTICLE 3. Equipment, Practices, and Facilities [761. - 788.]

Whenever an electric or gas corporation sells fuel oil which is, or is reasonably expected to be, useful in the performance of its public utility function, at a price higher than the electric or gas corporation’s purchase cost, the commission shall, in any rate proceeding, require that the amount higher than the purchase cost be credited with interest against the expense claimed by the electric or gas corporation.

Collected 2026-09-14T05:56:33Z. Source file · JSON

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