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Remedies for noncompliance utility and affiliate -- Access to records -- Disallowance of costs -- Audit

KRS 278.2211
in effect
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278.2211. Remedies for noncompliance utility and affiliate -- Access to records -- Disallowance of costs -- Audit (1) If the commission finds that a utility has not complied with any provision of this chapter for any transaction between a utility and its affiliate, or if a utility has failed to provide sufficient evidence of its compliance, then the commission may: (a) Access the books and records of a utility's nonregulated affiliate; and (b) Order that the costs attached to any transactions be disallowed from rates. (2) If, after inspecting an affiliate's books and records, the commission finds that a utility has not complied with any provision of KRS 278.010 to 278.450, the commission may perform a financial audit of the utility's affiliate to the extent necessary to ensure compliance with KRS 278.010 to 278.450. Effective: July 14, 2000 History: Created 2000 Ky. Acts ch. 511, sec. 7, effective July 14, 2000.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14086Fetched: 10/20/2026

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