<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 49-34A-73 - Phase in rate plan for rate increases due to plant additions. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2070757Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2070757SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070757CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2070757Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2070757DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2070757Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2070757000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070757SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070757SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2070757Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-73"><span class="s2070757SENU">49-34A-73</span></a><span xml:space="preserve" class="s2070757SENU">. </span><span class="s2070757CL">Phase in rate plan for rate increases due to plant additions.</span></p><p dir="ltr" class="s2070757Normal-000000"><span class="s2070757DefaultParagraphFont">Notwithstanding anything in this chapter to the contrary, an electric utility that is subject to rate regulation by the commission and plans plant additions that are expected to have a material impact on rates may make application to the commission for a phase in rate plan to provide for the phase in of expected rate increases resulting from plant additions. The plan may provide for any of the following:</span></p><p dir="ltr" class="s2070757Normal-000001"><span class="s2070757DefaultParagraphFont">(1)    Rate increases to be incrementally phased in prior to the commencement of commercial operation of the plant additions;</span></p><p dir="ltr" class="s2070757Normal-000001"><span class="s2070757DefaultParagraphFont">(2)    To the extent rate increases for plant additions are allowed prior to commercial operation, restrictions on the capitalization of allowance for funds used during construction for the plant additions;</span></p><p dir="ltr" class="s2070757Normal-000001"><span class="s2070757DefaultParagraphFont">(3)    Restrictions on other rate increases; and</span></p><p dir="ltr" class="s2070757Normal-000001"><span xml:space="preserve" class="s2070757DefaultParagraphFont">(4)    Any other conditions which benefit the public interest and may be imposed by the commission consistent with the findings in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-74"><span class="s2070757DefaultParagraphFont">49-34A-74</span></a><span class="s2070757DefaultParagraphFont">.</span></p><p dir="ltr" class="s2070757Normal"><span xml:space="preserve" class="s2070757000002"> </span></p><p dir="ltr" class="s2070757Normal"><span class="s2070757SCL">Source:</span><span xml:space="preserve" class="s2070757SCL-000003"> SL 1992, ch 331, § 1; SL 2012, ch 230, § 2; SL 2015, ch 233, § 1.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 49-34A-73 - Phase in rate plan for rate increases due to plant additions. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2070758Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070758SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070758CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2070758Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2070758DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070758000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070758SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070758SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2070758Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-73.1"><span class="s2070758SENU">49-34A-73.1</span></a><span xml:space="preserve" class="s2070758SENU">. </span><span class="s2070758CL">Plant additions defined.</span></p><p dir="ltr" class="s2070758Normal-000000"><span xml:space="preserve" class="s2070758DefaultParagraphFont">For purposes of §§ </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-73"><span class="s2070758DefaultParagraphFont">49-34A-73</span></a><span xml:space="preserve" class="s2070758DefaultParagraphFont"> to </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-78"><span class="s2070758DefaultParagraphFont">49-34A-78</span></a><span class="s2070758DefaultParagraphFont">, inclusive, plant additions are investments in fixed generation, transmission, and distribution assets, whether purchased or constructed, including operations and maintenance expenses directly related to those fixed assets, real property, and new power purchases.</span></p><p dir="ltr" class="s2070758Normal"><span xml:space="preserve" class="s2070758000001"> </span></p><p dir="ltr" class="s2070758Normal"><span class="s2070758SCL">Source:</span><span xml:space="preserve" class="s2070758SCL-000002"> SL 2012, ch 230, § 1.</span></p></div></body></html>