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UPSC |
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The intangible asset can be no larger than the amount of unrecognized prior service cost (UPSC) remaining from the transition to the Statement 87 rules and the UPSC from any plan amendments following that transition. PacifiCorp requested recovery of $205 million in costs related to excess net power costs from the Utah Public Service Commission (UPSC) and on 1 May 2002, the UPSC approved a settlement among PacifiCorp, utility regulators and consumer groups totaling approximately $147 million that resolved outstanding power cost issues related to the Hunter power station outage and summer 2001 excess net power costs. Recovery is effective from 1 April 2002 when the stipulation was agreed with the UPSC. |
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