§ 23-4-1103 - Notification of proposed rate and charge modification.
23-4-1103. Notification of proposed rate and charge modification.
(a) (1) A generation and transmission cooperative shall notify the Arkansas Public Service Commission, the Attorney General, and the member cooperatives in writing at least sixty (60) days before the board votes on a proposed modification of its rates and charges under 23-4-1102.
(2) (A) The notice under subdivision (a)(1) of this section shall:
(i) Be in writing;
(ii) Include a schedule of the proposed modification of rates and charges; and
(iii) Include the effective date of the proposed change.
(B) However, if the board subsequently reduces a proposed increase in rates and charges after providing notice under subdivision (a)(1) of this section, the board does not have to provide any additional notice under this subsection.
(b) (1) The generation and transmission cooperative shall provide notice of its proposed modification of its rates and charges to the public not less than forty (40) days before the board votes on the proposed change in its rates and charges.
(2) The notice under subdivision (b)(1) of this section shall:
(A) Be substantially similar to the public notice required by the commission's Rules of Practice and Procedure for general rate case procedures;
(B) Be published in:
(i) A newspaper of general circulation in the service territory of the generation and transmission cooperative; or
(ii) Either of the following:
(a) Any publication that is regularly provided to the retail cooperative members by the member cooperatives; or
(b) The generation and transmission cooperative's newsletter to retail cooperative members; and
(C) Include a statement estimating:
(i) The retail impact of the proposed change in rates and charges on:
(a) A per-kilowatt-hour basis; and
(b) An average residential retail cooperative member's monthly bill; and
(ii) The effective date of the proposed change in rates and charges.