Utah § 54-26-602 - Accounting requirements -- Service standards.
Full text of Utah Utah Code § 54-26-602 — Accounting requirements -- Service standards., with citation guidance and answers to common questions.
§ 54-26-602. Accounting requirements -- Service standards.
Effective 5/7/2025 54-26-602.
Accounting requirements -- Service standards.
(1)
A large-scale generation provider shall:
(a)
maintain separate accounting records for all investments, revenues, and expenses associated with large-scale service requests using generally accepted accounting principles;
(b)
take reasonable measures to ensure costs are properly allocated between large load service and other customers;
(c)
provide all contracted energy services without reliance on any qualified electric utility, cooperative utility, municipal utility, or other utility except as provided under a large load contract;
(d)
meet all applicable North American Electric Reliability Corporation standards; and
(e)
maintain reasonable commercial liability insurance as determined by contract or the commission.
(2)
A qualified electric utility shall:
(a)
maintain separate accounting records for all investments, revenues, and expenses associated with large-scale service requests using generally accepted accounting principles; and
(b)
take reasonable measures to ensure costs are properly allocated between large load service and other operations.
(3)
All revenues and large load incremental costs associated with a large-scale service request shall be excluded from any rate determinations by the commission.
(4)
In connection with any rate case or other appropriate proceeding before the commission, a qualified electric utility shall provide:
(a)
operational data identifying when and to what extent the incremental generation resources identified in a large load contract pursuant to Subsection 54-26-301(3)(f) were dispatched to serve large load customers;
(b)
an identification of the timing, magnitude, and duration of:
(i)
the qualified electric utility's dispatch of the resources described in Subsection (4)(a);
(ii)
any periods in which large load customers' loads exceeded the dispatch of resources described in Subsection (4)(a); and
(iii)
any periods in which the dispatch of resources described in Subsection (4)(a) exceeded the large load customers' loads;
(c)
the method by which costs for the provision of electric service from a qualified electric utility to a large load customer will be excluded from rates paid by retail customers; and
(d)
any other information the commission requires to ensure that the costs associated with service to a large load customer are excluded from the rates paid for by retail customers.
(5)
A qualified electric utility may not be required to publicly disclose specific revenue information from individual large load customers in any proceeding described in Subsection (4).
Section 54-26-602 ("Accounting requirements -- Service standards.") is part of the Utah Code, the codified statutory law of Utah. 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 Utah § 54-26-602?
A common citation format is "Utah Code § 54-26-602" (Utah). 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 Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 54-26-602 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.