Oregon Revised Statutes Chapter 757 § 757.259 — Amounts includable in rate schedule; deferral; limit in effect on rates by

Amounts includable in rate schedule; deferral; limit in effect on rates by amortization; rules. (1) In addition to powers otherwise vested in the Public Utility Commission, and subject to the limitations contained in this section, under amortization schedules set by the commission, a rate or rate schedule: (a) May reflect: (A) Amounts lawfully imposed retroactively by order of another governmental agency; or (B) Amounts deferred under subsection (2) of this section. (b) Shall reflect amounts deferred under subsection (3) of this section if the public utility so requests. (2) Upon application of a utility or ratepayer or upon the commission’s own motion and after public notice, opportunity for comment and a hearing if any party requests a hearing, the commission by order may authorize deferral of the following amounts for later incorporation in rates: (a) Amounts incurred by a utility resulting from changes in the wholesale price of natural gas or electricity approved by the Federal Energy Regulatory Commission; (b) Balances resulting from the administration of Section 5(c) of the Pacific Northwest Electric Power Planning and Conservation Act of 1980; (c) Direct or indirect costs arising from any purchase made by a public utility from the Bonneville Power Administration pursuant to ORS 757.663, provided that such costs shall be recovered only from residential and small-farm retail electricity consumers; (d) Amounts accruing under a plan for the protection of short-term earnings under ORS