Section 460.742. Criteria for receipt of an incentive.

(1) If an electric utility qualifies for implementation of a previously approved incentive mechanism, it shall file an application seeking authority to implement the incentive mechanism at  the same time that  it submits the annual report required by R 460.732.

(2)    An electric utility shall not apply for a financial incentive approved by the commission unless all of the following criteria were met during the previous 12 months:

(a)    All required reports have been filed in a timely manner.

(b)      All required reports fully comply with the requirements as determined by the commission.

(c)      The electric utility's performance shall have exceeded all of the individual service quality and reliability standards.

(d)     The electric utility shall have fully responded to any inquiries about the content of the reports made by the commission or its staff in  a  timely manner.

History: 2004 AACS.