Utah Code
Title 54 Public Utilities
Chapter 4 Authority of Commission Over Public Utilities
Section 4.1 Rules to govern rates.


     54-4-4.1.   Rules to govern rates.
     (1) The commission may, by rule or order, adopt any method of rate regulation that is:
     (a) consistent with this title;
     (b) in the public interest; and
     (c) just and reasonable.
     (2) In accordance with Subsection (1), a method of rate regulation may include:
     (a) rate designs utilizing:
     (i) volumetric rate components;
     (ii) demand rate components;
     (iii) fixed rate components; and
     (iv) variable rate components;
     (b) rate stabilization methods;
     (c) decoupling methods;
     (d) incentive-based mechanisms; and
     (e) other components, methods, or mechanisms approved by the commission.

Amended by Chapter 319, 2009 General Session
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