Connecticut Administrative Code › Title 16 - Public Service Companies › 1 - Rules Of Practice › Article 3 - PETITIONS AND APPLICATIONS › Part 2 - Petitions and Applications, Rate Adjustments › Section 16-1-55 - Requirements for medium utility companies

Current through July 10, 2024
In addition to the requirements stated in section
					 16-1-54 of
					 the Regulations of Connecticut State Agencies, each rate application, as
					 defined in section
					 16-1-53,
					 that is filed by a utility company with revenues in excess of one hundred
					 thousand dollars but less than fifty million dollars, or less than fifty
					 thousand customers, shall contain the following data, either in the statement
					 of application or as exhibits annexed thereto and accompanying the
					 application:
(a) A statement of
				  financial operations for the last four (4) calendar years, the test year, and
				  the pro forma year at present and proposed rates.
(b) Balance sheet for the test year, for the
				  prior three years, and a pro forma year.
(c) Schedule of existing rates and of actual
				  revenues and number of customers by rates and by class for the test year and
				  pro forma at the present and at the proposed rates.
(d) Statement of the proposed increases or
				  changes which will result in adjustments, which rate applicant requests
				  authority to make effective. Such statement shall set forth the proposed rate
				  structure with reasonable clarity and with appropriate rate classifications
				  where applicable, including bill comparisons between old and new
				  rates.
(e) Detailed statement of
				  annualization of revenues by class of customers served by rate applicant at the
				  end of the test year. This will also include the number of customers by class.
				  In the case of water companies this statement will further include the number
				  of hydrants or other items of private fire protection. Where applicable, detail
				  of adjustments to revenues and expenses for degree day data will be included in
				  this statement.
(f) Schedule of
				  utility plant additions for the past three years and for the test year. The
				  schedule shall clearly indicate which plant additions are currently being
				  employed in furnishing utility service to the customers of the rate applicant
				  on the date of the rate application.
(g) Actual and pro forma expense adjustments
				  with supporting detail set forth by the accounts affected. Such adjustments
				  shall be supported by competent evidence and shall not include estimates based
				  on speculative or conjectural data.
(h) Comparative schedule of operation and
				  maintenance expenses, classified as per utility's chart of accounts for the
				  test year and the prior four years.
(i) Detailed statement of rate case
				  expense.
(j) Rate base and rate of
				  return for the prior four years, the test year, and the pro forma year at
				  present and proposed rates.
(k)
				  Federal income tax calculation for the rate applicant for the test year and for
				  the pro forma year, computed at the present and at the proposed
				  rates.
(l) Calculation of state
				  taxes based on income for the test year and for the pro forma year, computed at
				  both the present and the proposed rates.
(m) Schedule showing claimed property taxes
				  computed at both the present and the proposed tax rates for the test year and
				  for the pro forma year.