§ 522. Expense reduction program
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 66 Pa.C.S.A. Public Utilities
66 Pa.C.S.A. § 522
§ 522. Expense reduction program
(a) Target.--The commission shall establish an expense reduction program for calendar year 1986 for all electric and gas utilities with total annual intrastate operating revenues of at least $40,000,000 and for all telephone utilities with total annual intrastate operating revenues of at least $9,000,000. Utilities regulated by the commission pursuant to this subsection shall make every reasonable effort to reduce their level of expenses, other than expenses associated with depreciation, fuel, collective bargaining agreements and other categories of expense as determined by the commission for the calendar year 1986 as compared to calendar year 1985. The commission shall periodically review the expense reducing efforts undertaken by utilities pursuant to this subsection and shall take appropriate action in response to these efforts.
Credits
1986, July 10, P.L. 1238, No. 114, § 5, imd. effective.
66 Pa.C.S.A. § 522, PA ST 66 Pa.C.S.A. § 522
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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