199—8.5(476,476A,478,479,479B) Rate-regulated utilities. A penalty assessed by the board pursuant to this chapter against a rate-regulated utility shall be excluded from the utility’s costs when determining the utility’s revenue requirement and shall not be included directly or indirectly in the utility’s rates or charges to customers.
[ARC 4272C, IAB 1/30/19, effective 3/6/19]