<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-8.2 - Incentive rates for improved performance and efficiency. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2070681Normal { 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.s2070681SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070681CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2070681Normal-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.s2070681DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070681000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070681SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070681SCL-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="s2070681Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-8.2"><span class="s2070681SENU">49-34A-8.2</span></a><span xml:space="preserve" class="s2070681SENU">. </span><span class="s2070681CL">Incentive rates for improved performance and efficiency.</span></p><p dir="ltr" class="s2070681Normal-000000"><span xml:space="preserve" class="s2070681DefaultParagraphFont">In addition to any other rate authorized by this chapter, the commission may approve incentive rates to encourage improvement in the performance and efficiency of public utilities. The rates shall be in the form of preapproved rate models made applicable as levels of performance are attained by the utility. If approved, no such incentive rate constitutes a violation of § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-3"><span class="s2070681DefaultParagraphFont">49-34A-3</span></a><span xml:space="preserve" class="s2070681DefaultParagraphFont"> or a change in rates pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-12"><span class="s2070681DefaultParagraphFont">49-34A-12</span></a><span class="s2070681DefaultParagraphFont">. The provisions of this section apply to any incentive rate tariff approved by the commission in existence on July 1, 1996.</span></p><p dir="ltr" class="s2070681Normal"><span xml:space="preserve" class="s2070681000001"> </span></p><p dir="ltr" class="s2070681Normal"><span class="s2070681SCL">Source:</span><span xml:space="preserve" class="s2070681SCL-000002"> SL 1996, ch 274.</span></p></div></body></html>