38.5.1702    AUTOMATIC ADJUSTMENT CLAUSES PROHIBITED

(1) Section 69-3-303 , MCA, which requires notice and public hearing before the commission may approve increases in utility rates of general applicability, prohibits the use of automatic adjustment clauses.

(2) It is the policy of the Montana public service commission to preserve the hearing process demanded by section 69-3-307 , MCA, and by the Montana Administrative Procedure Act, and on that ground to deny the use of automatic adjustment clauses in utility rate schedules of general applicability.

History: Sec. 69-3-103, MCA; IMP, Sec. 69-3-102, MCA; NEW, 1980 MAR p. 2969, Eff. 11/29/80.