California § 454.8 - In any decision establishing rates for an electrical or gas corporation reflectin

Full text of California Public Contract Code - PCC § 454.8 — In any decision establishing rates for an electrical or gas corporation reflectin, with citation guidance and answers to common questions.

§ 454.8. In any decision establishing rates for an electrical or gas corporation reflectin

In any decision establishing rates for an electrical or gas corporation reflecting the reasonable and prudent costs of the new construction of any addition to or extension of the corporation’s plant, when the commission has found and determined that the addition or extension is used and useful, the commission shall consider a method for the recovery of these costs which would be constant in real economic terms over the useful life of the facilities, so that ratepayers in a given year will not pay for the benefits received in other years.

Source: official California text · Last verified 2026-08-27

Related California Legal Topics

Frequently Asked Questions About California § 454.8

What does Public Contract Code - PCC § 454.8 cover?

Section 454.8 ("In any decision establishing rates for an electrical or gas corporation reflectin") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite California § 454.8?

A common citation format is "Public Contract Code - PCC § 454.8" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of California law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.

How does California § 454.8 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in California.