Kansas HB2435 allows natural gas utilities to defer certain costs and recover them through an interim rate adjustment mechanism.

Kansas HB2435, known as the natural gas infrastructure availability act, authorizes natural gas public utilities to defer to a regulatory asset all depreciation expense and carrying cost for any new plant, facilities, or equipment. The act establishes an interim rate adjustment mechanism to recover these deferred costs. The state corporation commission can approve such mechanisms for up to 60 months, with potential extensions.

Kansas HB2435 allows natural gas utilities to defer certain costs and recover them through an interim rate adjustment mechanism.

Kansas HB2435, known as the natural gas infrastructure availability act, authorizes natural gas public utilities to defer to a regulatory asset all depreciation expense and carrying cost for any new plant, facilities, or equipment. The act establishes an interim rate adjustment mechanism to recover these deferred costs. The state corporation commission can approve such mechanisms for up to 60 months, with potential extensions.