Colorado § 29-8-131 - Conversion costs.
Full text of Colorado Colorado Revised Statutes § 29-8-131 — Conversion costs., with citation guidance and answers to common questions.
§ 29-8-131. Conversion costs.
(1) In determining the conversion costs included in the costs and feasibility report required by section 29-8-108, the public utility shall be entitled to amounts sufficient to repay them, with a reasonable allowance for overhead expense, for the following, as computed and reflected by the uniform system of accounts approved by the public utilities commission or federal communications commission, or in the event the public utility is not subject to regulation by either of the above governmental agencies, by the public utility's system of accounts then in use and in accordance with standard accounting procedures of said public utility:
(a) The original costs less depreciation taken of the existing overhead electric and communication facilities to be removed;
(b) The estimated costs of removing such overhead electric and communication facilities, less the salvage value of the facilities removed;
(c) If the estimated cost of constructing underground facilities exceeds the original cost of existing overhead electric and communication facilities, then the difference between the two;
(d) The cost of obtaining new easements when technical considerations make it reasonably necessary to utilize easements for the underground facilities different from those used for aboveground facilities, or where the preexisting easements are insufficient for the underground facilities.
(2) However, in the event that conversion costs are included in tariffs, rules, or regulations filed and in effect with the public utilities commission, such conversion costs shall be the cost included in the costs and feasibility report.
Source: L. 71: p. 998, § 1. C.R.S. 1963: § 89-23-31.
Frequently Asked Questions About Colorado § 29-8-131
What does Colorado Revised Statutes § 29-8-131 cover?
Section 29-8-131 ("Conversion costs.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. 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 Colorado § 29-8-131?
A common citation format is "Colorado Revised Statutes § 29-8-131" (Colorado). 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 Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 29-8-131 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado 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 Colorado.