Rate Case Expense. The Parties agree that the total rate case expense associated with Docket No. EL14-106 is a total of $390,409 and that an amortized amount of $78,082 in rate case expense is included in the revenue requirement.
Rate Case Expense. Subsequent to the end of the test year in this case, PVSC incurred expenses related to its rate case filing. To date, these expenses included the required customer notice, as well as additional employee hours incurred to process the case. Staff has normalized these expenses over a 5 -year period which resulted in a level of expense of $203 for water operations and $157 for sewer operations.
Rate Case Expense. The Signatory Parties agree that any over-recovery of the amortization of the Company’s rate case expense in Case No. ER-2006-03 14 will be used to offset the deferral of rate case expense in this case.
Rate Case Expense. The Parties agree that EKPC should be authorized to recover its reasonable rate case expense (final amount to be filed within fifteen days following the conclusion of any hearing on EKPC’s Application) on an amortized basis over three (3) years.
Rate Case Expense. 22. The parties have agreed that the rate case expense for this case is $181,624. This includes Newport’s costs of $145,565 and the Division’s and Commission’s costs of $38,059. These costs are to be amortized over a two-year period. The parties agree that if Newport does not file a further rate case before July 1, 2005, the money included in the annual revenue requirement for rate case expense will be placed into a restricted account after July 1, 2005.
Rate Case Expense. Petitioner’s Rate Case expense revenue requirement is based on an amortization of four years. Once Edwardsville’s rate case expense has been fully amortized, Edwardsville shall either revise its rates at the end of four years to remove the expense or thereafter set $37,500 aside to be used for reasonable rate case expense in its next rate case. The OUCC agrees that should the life of Edwardsville’s rates be less than four years any unamortized rate case expense may be recorded in the subsequent rate order.
