Section 110.05. Interest.

Latest version.

Amounts refunded to customers shall include interest on the total amount received from the wholesale supplier from the date of receipt by the electric utility to the date of distribution to its retail customers. If the amount received by the electric utility was not actually invested, simple interest on the refund shall be calculated at the legal rate. Interest does not apply to patronage dividends and capital credits.

History: Cr. Register, December, 1983, No. 336 , eff. 1-1-84.

                    
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