Arkansas Code Title 23, Subtitle 1, Chapter 4, Subchapter 12 - Formula Rate Review Act
§ 23-4-1201 - Title.
This subchapter shall be known and may be cited as the "Formula Rate Review Act".
§ 23-4-1202 - Findings and Intent.
(a) The General Assembly finds that: (1) Electricity and natural gas services are essential to the public health and safety of citizens of this...
§ 23-4-1203 - Definitions.
As used in this subchapter: (1) (A) "Earned return rate" means a public utility's return on common equity for a formula rate review test...
§ 23-4-1204 - Formula Rate Review -- Authorized.
(a) A formula rate review is authorized to provide an annual streamlined review of a public utility's rates to determine if adjustments are needed...
§ 23-4-1205 - Filing -- Procedure.
(a) (1) A public utility filing an application for a general change or modification to its rates and charges under ยง 23-4-401 et seq.,...
§ 23-4-1208 - Term -- Formula Rate Review.
(a) (1) The term of any formula rate review approved by the Arkansas Public Service Commission shall not exceed five (5) years from the...
§ 23-4-1209 - Construction.
(a) This subchapter does not repeal any other provision in this chapter and is supplemental to other laws governing the regulation of public utility...