<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-98 - Approval, rejection, or modification of certain electric service tariffs. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2070783Normal { 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.s2070783SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070783CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2070783Normal-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.s2070783DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2070783Normal-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.s2070783000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2070783SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2070783SCL-000003 { 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="s2070783Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-98"><span class="s2070783SENU">49-34A-98</span></a><span xml:space="preserve" class="s2070783SENU">. </span><span class="s2070783CL">Approval, rejection, or modification of certain electric service tariffs.</span></p><p dir="ltr" class="s2070783Normal-000000"><span class="s2070783DefaultParagraphFont">Upon filing of an application consistent with rules promulgated by the commission by any public utility providing electric service, the commission may approve, reject, or modify, after notice and opportunity for hearing, a tariff that:</span></p><p dir="ltr" class="s2070783Normal-000001"><span xml:space="preserve" class="s2070783DefaultParagraphFont">(1)    Allows the public utility to recover on a timely basis the costs and expenses net of revenues of environmental improvements described in § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=49-34A-97"><span class="s2070783DefaultParagraphFont">49-34A-97</span></a><span class="s2070783DefaultParagraphFont">;</span></p><p dir="ltr" class="s2070783Normal-000001"><span class="s2070783DefaultParagraphFont">(2)    Allows a return on investment at the level approved in the public utility's last general rate case, unless a different return is found to be consistent with the public interest;</span></p><p dir="ltr" class="s2070783Normal-000001"><span class="s2070783DefaultParagraphFont">(3)    Provides a current return on construction work in progress, if the recovery from retail customers for the allowance for funds used during construction is not obtained through any other mechanism;</span></p><p dir="ltr" class="s2070783Normal-000001"><span class="s2070783DefaultParagraphFont">(4)    Allocates project costs and expenses appropriately between wholesale and retail customers; and</span></p><p dir="ltr" class="s2070783Normal-000001"><span class="s2070783DefaultParagraphFont">(5)    Terminates recovery once costs and expenses have been fully recovered or have otherwise been reflected in the public utility's general rates.</span></p><p dir="ltr" class="s2070783Normal"><span xml:space="preserve" class="s2070783000002"> </span></p><p dir="ltr" class="s2070783Normal"><span class="s2070783SCL">Source:</span><span xml:space="preserve" class="s2070783SCL-000003"> SL 2007, ch 272, § 2.</span></p></div></body></html>