Regulations of Connecticut State Agencies (Last Updated: June 14,2023) |
Title16 Public Service Companies |
SubTitle16-262o-1_16-262o-8. Rate Surcharges for Water Company Acquisitions |
Sec.16-262o-8. Distinction between purchase price and acquisition costs
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The definition provided in subsection (i) of Section 16-262o-1 of these Regulations is intended to distinguish between "Purchase Price" and "Acquisitions Costs," as defined in subsection (e) of Section 16-262o-1, for the purpose of accounting for an acquisition ordered by the Department of Public Utility Control, in consultation with the Department of Health Services, pursuant to Section 16-262n and subsection (a) of Section 16-262o of the General Statutes of Connecticut, by the acquiring water company, and may be employed by the Department in future proceedings pursuant to Section 16-262n and subsection (a) of Section 16-262o of the General Statutes of Connecticut.
(Effective March 22, 1990)