Public Utilities and Carriers

Regulatory Powers of Administration

SECTION 39-3-32

§ 39-3-32. Disallowance of payments to affiliates in rate proceedings.

In any proceeding, whether upon the division's own motion or upon complaint, involving the rates or practices of any public utility, the division may disallow the inclusion in the accounts of a public utility of any payments or compensation to an affiliate for any services rendered, or property furnished, under existing contracts or arrangements with an affiliate unless the public utility shall establish the reasonableness of the payment or compensation.

History of Section.
(G.L. 1923, ch. 253, § 64; P.L. 1936, ch. 2345, § 1; G.L. 1938, ch. 122, § 60; G.L. 1956, § 39-3-32.)