California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 1. REGULATION OF PUBLIC UTILITIES |
Part 1. PUBLIC UTILITIES ACT |
Chapter 4.5. Gas Pipeline Safety |
ARTICLE 2. Natural Gas Pipeline Safety Act of 2011 |
Section 959.
Latest version.
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(a) A gas corporation shall not recover any fine or penalty in any rate approved by the commission.
(b) Each gas corporation shall demonstrate to the satisfaction of the commission, in its general rate case proceeding, that the requested revenue requirements will be sufficient to enable the gas corporation to fund those projects and activities necessary to maintain safe and reliable service and to meet federal and state safety requirements applicable to its gas plant, in a cost-effective manner.
(Added by Stats. 2011, Ch. 519, Sec. 5. Effective January 1, 2012.)