{"data":{"id":"us-nc/n.c.-gen.-stat.-62-133.7","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 62-133.7","heading":"Customer usage tracking rate adjustment mechanisms for natural gas local distribution company rates.","body":"In setting rates for a natural gas local distribution company in a general rate case proceeding under G.S. 62-133, the Commission may adopt, implement, modify, or eliminate a rate adjustment mechanism for one or more of the company's rate schedules, excluding industrial rate schedules, to track and true-up variations in average per customer usage from levels approved in the general rate case proceeding. The Commission may adopt a rate adjustment mechanism only upon a finding by the Commission that the mechanism is appropriate to track and true-up variations in average per customer usage by rate schedule from levels adopted in the general rate case proceeding and that the mechanism is in the public interest. (2007-227, s. 1.)","path":["Chapter 62. Public Utilities.","Article 7. Rates of Public Utilities."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_62/GS_62-133.7.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:07:22Z","sha256":"2a8af7309216d452921e84cc57a11c6a09d1bb178e7d57d6255abd250fd84742","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-62-133.6","next":"us-nc/n.c.-gen.-stat.-62-133.7a"},"notice":"GroundRules: Original legal text. Not legal advice."}