48:2-21.12 - Adjustment to rates to provide reimbursements received are applied to reduction of utility rates
48:2-21.12. Adjustment to rates to provide reimbursements received are applied to reduction of utility rates
The board shall make an appropriate adjustment to the rates charged to rate payers to provide that any reimbursements so received are applied properly for reducing utility rates at the utility's rate hearing next following the utility's receipt of those moneys if the board determines that those reimbursed costs are also being charged to rate payers.
L.1983, c. 461, s. 2, eff. Jan. 12, 1984.