Alaska Administrative Code › Title 3 - Commerce, Community, and Economic Development › Part 7 - Regulatory Commission of Alaska › Chapter 47 - Regulatory Cost Charges for Public Utilities and Pipeline Carriers › Article 2 - Regulatory Cost Charges for Regulated Public Utilities and Pipeline Carriers › 3 AAC 47.030 - Determination of regulatory cost charge rates and payment dates; overpayment

Current through May 31, 2024
(a) For state fiscal years beginning after
				  June 30, 2006, the regulatory cost charge rates will be established annually by
				  commission order, using the formulae in
				  3 AAC 47.040. However, if the regulatory cost charge
				  rate applicable to adjusted gross regulated operating revenue, calculated under
				  3 AAC 47.040(a) - (e), would result in
				  a regulatory cost charge that exceeds the limit set by
				  AS
				  42.05.254(a) or
				  AS
				  42.06.286(a), the commission
				  order will establish that rate at a level that would result in a regulatory
				  cost charge that is equal to the limit set by those statutes. The regulatory
				  cost charge rates will be adjusted by commission order if necessary under
				  AS
				  42.05.254(b) - (h) or
				  AS
				  42.06.286(b) and (h), or if
				  necessary because of changes in a factor in a formula in
				  3 AAC 47.040.
(b) Within 30 days after the annual budget of
				  the commission is passed by the legislature each year, the commission will
				  notify the public and each regulated utility and pipeline carrier of the
				  regulatory cost charge rate to be imposed and the basis for that rate. The
				  notice will also be posted on the commission's Internet website. The regulatory
				  cost charge rate will be a charge per kilowatt-hour in the case of regulated
				  electric utilities and a percentage of adjusted gross regulated operating
				  revenue for all other regulated utilities and pipeline carriers.
(c) Within 30 days after notice is issued
				  under (b) of this section, each regulated utility and pipeline carrier may
				  submit comments on, or request revisions to, the regulatory cost charge rates
				  proposed by the commission and, in the case of public utilities, may object to
				  a designation as a regulated utility.
(d) Within 60 days after notice is issued
				  under (b) of this section, the commission will hold a public hearing to receive
				  comments on the proposed regulatory cost charge rates.
(e) Within 90 days after notice is issued
				  under (b) of this section, and after taking into account the commission's final
				  authorized annual budget, the commission will issue an order establishing the
				  regulatory cost charge rates and the date or dates when the regulatory cost
				  charges must be paid.
(f) If the
				  total regulatory cost charge payments made by a regulated utility or pipeline
				  carrier during a state fiscal year exceed the limit set by
				  AS
				  42.05.254(a) or
				  AS
				  42.06.286(a), the commission
				  will notify the Department of Revenue to refund to the utility or pipeline
				  carrier the amount of the overpayment.
Effective 12/1/95, Register 136, the Alaska Public
						Utilities Commission readopted and amended the preceding section under AS 42.05
						and AS 42.06 as changed by ch. 1, SLA
						1995.
Authority:
AS
						42.05.141
AS 42.05.151
AS 42.05.254
AS 42.06.140
AS
						42.06.286