Proceedings on an application Sample Clauses

Proceedings on an application submitted pursuant to Section 2 of this Act shall 18 (a) The commission shall establish a procedural schedule that requires that not 20 1. A decision approving the application, approving the application 22 2. A financing order is issued if the application is approved and the 24 (b) The commission shall approve the application for a financing order with or 26 1. The application is in the public interest; and 27 2. The resulting estimated securitized surcharge and other rates are fair,