Virginia Administrative Code › Title 20 - PUBLIC UTILITIES AND TELECOMMUNICATIONS › Agency 5 - STATE CORPORATION COMMISSION › Chapter 201 - RULES GOVERNING UTILITY RATE APPLICATIONS AND ANNUAL INFORMATIONAL FILINGS OF INVESTOR-OWNED GAS AND WATER UTILITIES › Section 20VAC5-201-90 - Instructions for schedules and exhibits for Chapter 201

Current through Register Vol. 40, No. 24, July 15, 2024
The following instructions for schedules and exhibits
				  including those specifically set forth in
				  20VAC5-201-95 (Schedules 1 through
				  14), 20VAC5-201-100 (Schedules 15
				  through 22), and
				  20VAC5-201-110 (Schedules 24
				  through 28 and 40) are to be used in conjunction with this chapter:
Schedule 1 - Historic Profitability and Market
				  Data
Instructions: Using the format of the attached schedule and
				  the following definitions, provide the data for the test year and four prior
				  fiscal years. The information shall be compatible with the latest stockholder's
				  annual report (including any restatements). Information in Sections A and B
				  shall be compiled for the corporate entity that raises equity capital in the
				  marketplace. Information in Section C shall be compiled for the subsidiary
				  company that provides regulated utility service in Virginia.
Definitions for Schedule 1
Return on Year End Equity* = Earnings Available for Common
				  Shareholders/Year End Common Equity
Return on Average Equity* = Earnings Available for Common
				  Shareholders/The Average of Year End Equity for the Current & Previous
				  Year
Earnings Per Share = Earnings Available for Common
				  Shareholders/Average Number Common Shares Outstanding
Dividends Per Share = Common Dividends Paid per Share During
				  the Year
Payout Ratio = Dividends Per Share/ Earnings Per Share
Average Market Price** = (Yearly High + Yearly Low
				  Price)/2
Dividend Yield = Dividends Per Share /Average Market
				  Price**
Price Earnings Ratio = Average Market Price**/ Earnings Per
				  Share
*Job Development Credits shall not be included as part of
				  equity capital nor shall a deduction be made from earnings for a capital charge
				  on these Job Development Credits in Schedule 1.
**An average based on monthly highs and lows is also
				  acceptable. If this alternative is chosen, provide monthly market prices and
				  sufficient data to show how the calculation was made.
Schedule 2 - Interest and Cash Flow Coverage
				  Data
Instructions: This schedule shall be prepared using the
				  following definitions and instructions and presented in the format of the
				  attached schedule. The information shall be provided for the test year and the
				  four prior fiscal years based on information for the applicant and for the
				  consolidated company if the applicant is a subsidiary.
- Interest (Lines 3, 4, and 5) shall include amortization of
				  expenses, discounts, and premiums on debt without deducting an allowance for
				  borrowed funds used during construction.
- Income taxes (Line 2) shall include federal and state
				  income taxes.
- Allowance for Funds Used During Construction (AFUDC) (Line
				  8), where applicable, is total AFUDC -- for borrowed and other funds.
- Preferred dividends (Line 13) for a subsidiary may need to
				  be allocated from the parent's total preferred dividends. Specify the
				  allocation factor and the methodology used in a footnote.
- Construction expenditures (Line 15) are net of
				  AFUDC.
- Common dividends (Line 16) for a subsidiary shall be stated
				  per books. If the subsidiary's dividend payout ratio differs from the
				  consolidated company's payout ratio, show in a footnote the subsidiary's common
				  dividends based on the consolidated company's payout ratio.
Schedule 3 - Capital Structure and Cost of Capital
				  Statement - Per Books and Average
Instructions: This schedule shall show the amount of each
				  capital component per balance sheet, the amount for ratemaking purposes, the
				  percentage weight in the capital structure, and the component cost and weighted
				  cost, using the format in the attached schedule. The information shall be
				  provided for the test period, the four prior fiscal years, and on a 13-month
				  average or five-quarter average basis for the test period. The data shall be
				  provided for the entity whose capital structure was approved for use in the
				  applicant's last rate case.
In Part A, the information shall be compatible with the
				  latest Stockholders' Annual Report (including any restatements). In Parts B, C,
				  and D, the methodology shall be consistent with that approved in the
				  applicant's last rate case. Reconcile differences between Parts A and B for
				  both end-of-test-period and average capital structures.
The amounts for short-term debt and revolving credit
				  agreements (and similar arrangements) in Part B shall be based where possible
				  on a daily average over the test year, or alternatively on a 13-month average
				  over the test year. Except for the Part B amount for short-term debt and
				  average amounts in Column (6), all other accounts are end-of-year and
				  end-of-test period.
The component weighted cost rates equal the product of each
				  component's capital structure weight for ratemaking purposes times its cost
				  rate. The weighted cost of capital is equal to the sum of the component
				  weighted cost rates. The Job Development Credits cost is equal to the weighted
				  cost of permanent capital (long-term debt, preferred stock, and common
				  equity).
Schedule 4 - Schedules of Long-Term Debt, Preferred and
				  Preference Stock, Job Development Credits, and Any Other Component of
				  Ratemaking Capital
Instructions: For each applicable capital component, provide
				  a schedule that shows, for each issue, the amount outstanding, its percentage
				  of the total capital component, and effective cost based on the embedded cost
				  rate. This data shall support the amount and cost rate of the respective
				  capital components contained in Schedule 3, consistent with the methodology
				  approved in the applicant's last rate case. In addition, a detailed breakdown
				  of all job development credits should be provided that reconciles to the per
				  books balance of investment tax credits. These schedules should reflect
				  disclosure of any associated hedging/derivative instruments, their respective
				  terms and conditions (instrument type, notional amount and associated series of
				  debt or preferred stock hedged, period in effect, etc.), and the impact of such
				  instruments on the cost of debt or preferred stock.
Schedule 5 - Schedule of Short-Term Debt, Revolving
				  Credit Agreements, and similar Short-Term Financing Arrangements
Instructions: Provide data and explain the methodology, which
				  should be consistent with the methodology approved in the applicant's last rate
				  case, used to calculate the cost and balance contained in Schedule 3 for
				  short-term debt, revolving credit agreements, and similar arrangements.
This schedule should also provide detailed disclosure of any
				  hedging/derivative instruments related to short-term debt, their respective
				  terms and conditions (instrument type, notional amount and associated series of
				  debt hedged, period in effect, etc.), and the impact of such instruments on the
				  cost of short-term debt.
Schedule 6 - Public Financial Reports
Instructions: Provide copies of the most recent Stockholder's
				  Annual Report, Securities and Exchange Commission Form 10-K, and Form 10-Q for
				  the applicant and the consolidated parent company if the applicant is a
				  subsidiary. If published, provide a copy of the most recent statistical or
				  financial supplement for the consolidated parent company.
Schedule 7 - Comparative Financial
				  Statements
Instructions: If not provided in the public financial reports
				  for Schedule 6, provide comparative balance sheets, income statements, and cash
				  flow statements for the test year and the 12-month period preceding the test
				  year for the applicant and its consolidated parent company if applicant is a
				  subsidiary.
Schedule 8 - Proposed Cost of Capital
				  Statement
Instructions: Provide the applicant's proposed capital
				  structure/cost of capital schedule. In conjunction, provide schedules that
				  support the amount and cost of each component of the proposed capital
				  structure, and explain all assumptions used.
Schedule 9 - Rate of Return Statement - Earnings Test -
				  Per Books
Instructions: Use format of attached schedule.
Schedule 9 shall reflect average rate base, capital, and
				  common equity capital. Interest expense, preferred dividends, and common equity
				  capital shall be calculated by using the average capital structure included in
				  Schedule 3 B and average rate base.
Schedule 11 - Rate of Return Statement - Earnings Test
				  - Adjusted to A Regulatory Accounting Basis
Instructions: Use format of attached schedule.
Schedule 11 adjustments in Column (2) shall reflect any
				  financial differences between Generally Accepted Accounting Principles (GAAP)
				  and regulatory accounting as prescribed by the State Corporation Commission.
				  Each Column (2) adjustment shall be separately identified and reflected in
				  Schedule 16.
A per books regulatory accounting adjustment to reflect Job
				  Development Credit (JDC) Capital Expense shall be reflected in Schedule 11
				  Column (2), if applicable. Column (3) JDC Capital Expense shall be calculated
				  as follows:
JDC Capital Expense = Rate Base (line 25) * weighted cost of
				  JDC Capital in Schedule 3
The associated income tax savings shall be reflected in lines
				  5 and 6, Column (2) as follows:
Associated income tax savings = total average rate base (line
				  25) * weight of JDC capital (Sch. 3) * weighted cost of debt component of the
				  JDC cost component (Sch. 3) * (Federal and State Income Tax rate * -1)
Schedule 11 Line 15 other income/(expense) shown in Column
				  (3) shall be the current amount of other income/(expense) categorized as
				  jurisdictional in the applicant's last rate case.
Schedule 12 - Rate Base Statement - Earnings Test - Per
				  Books
Instructions: Use format of attached schedule.
Applicants with jurisdictional per books operating revenues
				  of more than $150 million shall calculate cash working capital allowance using
				  a lead/lag study. Schedules 17 and 18 shall be provided detailing the cash
				  working capital computation for Schedule 12 Columns (1) and (3). Applicants
				  with jurisdictional per books operating revenues between $20 and $150 million
				  may include a zero cash working capital requirement rather than perform a
				  lead/lag study. Applicants with jurisdictional per books operating revenues
				  less than $20 million may use a formula method to calculate cash working
				  capital.
Schedule 14 - Rate Base Statement - Earnings Test -
				  Adjusted to Regulatory Accounting Basis
Instructions: Use format of attached schedule.
Cash working capital allowance shall be calculated using the
				  instructions in Schedule 12. Schedule 14 Column (2) shall reflect adjustments
				  necessary to identify any financial differences between Generally Accepted
				  Accounting Principles and regulatory accounting as prescribed by the State
				  Corporation Commission.
Schedule 15 - Schedule of Regulatory Assets and Per
				  Books Deferral Pursuant to Enactment Clause 5 of Chapter 3 of the 2004 Acts of
				  Assembly, Special Session I
Instructions: If applicable per Schedules 9 and 12
				  instructions. Use format of attached schedule.
All regulatory assets shall be individually listed with
				  associated deferred income tax. Indicate whether the regulatory asset is
				  included in financial reporting or is currently recognized for ratemaking
				  purposes only.
Schedule 16 - Detail of Regulatory Accounting
				  Adjustments
Instructions: If applicable per Schedules 9 and 12
				  instructions.
Use format of attached schedule.
Each regulatory accounting adjustment shall be numbered
				  sequentially beginning with ET-1 and listed under the appropriate description
				  category (Operating Revenues, Interest Expense, Common Equity Capital,
				  etc.).
Each regulatory accounting adjustment shall be fully
				  explained in the description column of this schedule. Regulatory accounting
				  adjustments shall adjust from a financial accounting basis to a regulatory
				  accounting basis. Adjustments to reflect going-forward operations shall not be
				  included on this schedule.
Detailed workpapers substantiating each adjustment shall be
				  provided in Schedule 29.
Schedule 17 - Lead/Lag Cash Working Capital Calculation
				  - Earnings Test
Instructions: Use format of attached schedule.
Total Balance Sheet Net Source/Use of Average Cash Working
				  Capital determined in Schedule 18 shall be included in the Total Cash Working
				  Capital amount in this schedule.
The Total Cash Working Capital amount determined in this
				  schedule shall be included in Schedules 12 and 14.
Utilities required to use a lead/lag study should perform a
				  complete lead/lag analysis every five years. Major items, such as the revenue
				  lag and balance sheet accounts, should be reviewed every year.
Schedule 18 - Balance Sheet Analysis - Earnings
				  Test
Instructions: Use format of attached schedule.
All uses and sources of cash working capital shall be
				  detailed in this schedule. The associated accumulated deferred income tax shall
				  also be included as a use or source.
The Net Source/Use of Average Cash Working Capital determined
				  in this schedule shall be included in Schedule 17.
Support for Schedule 18 shall include a list of all balance
				  sheet subaccounts and titles. Indicate whether the account's impact is included
				  in (i) the balance sheet analysis, (ii) the capital structure, (iii) the income
				  statement portion of the lead/lag study, or (iv) excluded from cost of
				  service.
Schedule 19 - Rate of Return Statement - Per
				  Books
Instructions: Use format of attached schedule.
Column (1) interest expense, preferred dividends, and common
				  equity capital shall be calculated by using the capital structure included in
				  Schedule 3 or Schedule 8 and end of test year level rate base.
Schedule 21 - Rate of Return Statement - Reflecting
				  Ratemaking Adjustments
Instructions: Use format of attached schedule.
Schedule 21 Column (2) adjustments shall be separately
				  identified and reflected in Schedule 25.
Interest expense, preferred dividends, and common equity
				  capital shall be calculated by using the capital structure included in Schedule
				  3 or Schedule 8 and an adjusted level of rate base.
After ratemaking adjustments, JDC capital expense shall be
				  calculated as follows:
Total rate base (line 29) * weighted cost of JDC capital in
				  Schedule 3 or Schedule 8
Applicants filing pursuant to
				  20VAC5-201-30 may omit Columns (4)
				  and (5).
Schedule 22 - Rate Base Statement - Per
				  Books
Instructions: Use format of attached schedule.
Applicants with jurisdictional per books operating revenues
				  more than $150 million shall calculate cash working capital allowance using a
				  lead/lag study. Schedules 27 and 28 shall be provided detailing the cash
				  working capital computation for Columns (1), (3), and (7). Applicants with
				  jurisdictional per books operating revenues between $20 million and $150
				  million may include a zero cash working capital requirement rather than perform
				  a lead/lag study. Applicants with jurisdictional per books operating revenues
				  less than $20 million may use a formula method to calculate cash working
				  capital.
Schedule 24 - Rate Base Statement - Adjusted -
				  Reflecting Ratemaking Adjustments
Instructions: Use format of attached schedule.
Cash working capital allowance shall be calculated using
				  instructions in Schedule 22.
Schedule 25 - Detail of Ratemaking
				  Adjustments
Instructions: Use format of attached schedule.
Each adjustment shall be numbered sequentially and listed
				  under the appropriate description category (Operating Revenues, Interest
				  Expense, Common Equity Capital, etc.).
Ratemaking adjustments shall reflect a rate year level of
				  revenues and expenses. Rate base adjustments may reflect no more than a rate
				  year average. In Expedited Filings, Column (4) Ratemaking Adjustments shall
				  reflect a rate year level of only those types of adjustments previously
				  approved for the applicant.
Detailed workpapers substantiating each adjustment shall be
				  provided in Schedule 29.
Schedule 26 - Revenue Requirement
				  Reconciliation
Instructions: Use format of attached lead schedule. An
				  example of a supporting schedule is provided.
Provide a revenue reconciliation of each topic or subject
				  that affects the revenue requirement. All components of each topic or subject
				  shall be detailed (i.e., payroll and related = payroll, benefits, payroll
				  taxes, and related tax effect) on a supporting schedule. Cash working capital
				  shall be considered a separate topic or subject rather than as a component of
				  each topic or subject.
Schedule 27 - Lead/Lag Cash Working Capital Calculation
				  - Adjusted
Instructions: Use format of attached schedule.
Total Balance Sheet Net Source/Use of Average Cash Working
				  Capital determined in Schedule 28 shall be included in the Total Cash Working
				  Capital amount in this schedule.
The Total Cash Working Capital amount determined in this
				  schedule shall be included in Schedules 22 and 24.
Utilities required to use a lead/lag study should perform a
				  complete lead/lag analysis every five years. Major items such as the revenue
				  lag and balance sheet accounts should be reviewed every year.
Schedule 28 - Balance Sheet Analysis -
				  Adjusted
Instructions: Use format of attached schedule.
All uses and sources of cash working capital shall be
				  detailed in this schedule. The associated accumulated deferred income tax shall
				  also be included as a use or source.
The Net Source/Use of Average Cash Working Capital determined
				  in this schedule shall be included in Schedule 27.
Support for this schedule should include a list of all
				  balance sheet subaccounts and titles. Indicate whether the account's impact is
				  included in (i) the balance sheet analysis, (ii) the capital structure, (iii)
				  the income statement portion of the lead/lag study, or (iv) excluded from cost
				  of service. Include a brief description of the costs included in each
				  account.
Schedule 29 - Workpapers for Earnings Test and
				  Ratemaking Adjustments
Instructions: Include a table of contents listing the work
				  papers included in this schedule.
a.
				Provide a narrative explaining the purpose and methodology used for each
				adjustment identified in subsections b and d of these instructions that have
				not been addressed in the applicant's prefiled testimony. Such explanation
				shall reference any relevant Financial Accounting Standards Board ("FASB")
				statement or State Corporation Commission precedent if known or
				available.
b. Provide a summary
				calculation of each earnings test adjustment included in Schedule 16. Each
				summary calculation shall identify the source documents used to prepare such
				calculation.
c. Provide all
				relevant documents, references, and information necessary to support the
				summary calculation required in subsection b of these instructions for each
				proposed earnings test adjustment. Amounts identified as per books costs shall
				include any documentation or references necessary to verify such amount to
				Schedule 40A. Working papers shall be indexed and tabbed for each adjustment
				and include the name of the primary employee responsible for the adjustment.
				All documents and information as referenced in these instructions should
				include general ledgers, payroll distributions, billing determinants, invoices,
				and actuarial reports. Supporting documentation that is voluminous may be made
				available at the applicant's office.
d. Provide a summary calculation of each rate
				year adjustment included in Schedule 25. Each summary calculation shall
				identify the source documents used to prepare such calculation.
e. Provide all relevant documents and
				information necessary to support the summary calculation required in subsection
				d of these instructions for each proposed rate year adjustment. Amounts
				identified as per books costs shall include any documentation necessary to
				verify such amount to Schedule 40b. Working papers shall be indexed and tabbed
				for each adjustment and include the name of the primary employees responsible
				for the adjustment. All documents and information referenced in subsections a
				through e of these instructions should include general ledgers, payroll
				distributions, billing determinants, invoices, and actuarial reports.
Schedule 30 - Revenue and Expense Variance
				  Analysis
Instructions: Applicant shall quantify jurisdictional
				  operating revenues and system operating and maintenance (O&M) expenses by
				  primary account as specified by the appropriate federal or state Uniform System
				  of Accounts (Federal Energy Regulatory Commission, Federal Communications
				  Commission, National Association of Regulatory Commissioners) (USOA account)
				  during the test period and the preceding 12 months. Also, provide
				  jurisdictional sales volumes by customer class for the test period.
Applicants shall file a schedule detailing all revenue and
				  expense accounts by month for the test period. Applicants shall provide a
				  detailed explanation of all jurisdictional revenue and system expense increases
				  or decreases of more than 10% during the test period compared to the previous
				  12-month period. The expense variance analysis applies to test period expense
				  items greater than one-tenth of one percent (.001) of Operating &
				  Maintenance expenses. Additionally, the applicant shall have an accounts
				  payable ledger or schedule of all accounts payable for review at the
				  applicant's office as of the date of the applicant's filing.
Schedule 31 - Advertising Expense
Instructions: A schedule detailing advertising expense by
				  USOA account and grouped according to the categories identified in §
										56-235.2 of the Code of Virginia
				  shall be provided. Advertising costs that are not identifiable to any of those
				  categories shall be included in a separate category titled "other." If
				  applicant seeks rate relief, demonstrate that the applicant's advertising meets
				  the criteria established in §
										56-235.2.
Schedule 34 - Miscellaneous Expenses
Instructions: Provide a description of amounts paid and USOA
				  accounts charged for each charitable and educational donation, each payment to
				  associated industry organizations, and all other miscellaneous general
				  expenses. Individual items aggregating to less than 5.0% of the total
				  miscellaneous expense may be reflected in an "Other" line item. Advertising
				  expenses included in Schedule 31 should be excluded from this schedule.
Schedule 35 - Affiliate Services
Instructions: For purposes of this schedule affiliate
				  services shall be defined to include those services between regulated and
				  nonregulated divisions of an incumbent utility. If any portion of the required
				  information has been filed with the State Corporation Commission (commission)
				  as part of an applicant's Annual Report of Affiliate Transactions, the
				  applicant may reference such report clearly identifying what portions of the
				  required information are included in the Annual Report of Affiliate
				  Transactions.
Provide a narrative description of each affiliated service
				  received or provided during the test period.
Provide a summary of affiliate transactions detailing costs
				  by type of service provided (e.g., accounting, auditing, legal and regulatory,
				  human resources, etc.) for each month of the test period. Show the final USOA
				  account distribution of all costs billed to or by the regulated entity by month
				  for the test period.
Identify all amounts billed to an affiliate and then billed
				  back to the regulated entity.
Cost records and market analyses supporting all affiliated
				  charges billed to or by the regulated entity/division shall be maintained and
				  made readily available for commission staff review. This shall include
				  supporting detail of costs (including the return component) incurred by the
				  affiliated interest rendering the service and the allocation methodology. In
				  situations when the pricing is required to be the higher (lower) of cost or
				  market and market is unavailable, note each such transaction and have data
				  supporting such a finding available for commission staff review.
If affiliate charges are booked per a pricing mechanism other
				  than that approved by the commission, the regulated entity shall provide a
				  reconciliation of books to commission-approved pricing, including an
				  explanation of why the commission-approved pricing is not used for booking
				  purposes.
Schedule 36 - Income Taxes
Instructions: Provide a schedule detailing the computation of
				  test period current state and federal income taxes on a total company and
				  Virginia jurisdictional basis. Such schedule should provide a complete
				  reconciliation between book and taxable income showing all individual
				  differences. Additionally, provide a schedule detailing the computation of
				  fully adjusted, current state and federal income taxes applicable to the
				  Virginia jurisdiction.
Provide a schedule detailing the individual items of deferred
				  state and federal income tax expense for the test period on a total company and
				  Virginia jurisdictional basis. Additionally, provide a schedule detailing the
				  computation of fully adjusted, deferred state and federal income tax applicable
				  to the Virginia jurisdiction.
Provide a detailed reconciliation between the statutory and
				  effective income tax rates for the test period. Schedule should quantify
				  individual reconciling items by dollar amount and percentage. Individual items
				  should include permanent differences (itemize), flow-through depreciation,
				  excess deferred FIT amortization, and deferred Investment Tax Credit (ITC)
				  amortization.
Provide a detailed listing of individual accumulated deferred
				  income tax and accumulated deferred ITC amounts as of the end of test period.
				  Separately identify those items affecting the computation of rate base on both
				  a total company and Virginia jurisdictional basis. Additionally, provide a
				  detailed listing of individual accumulated deferred income tax and accumulated
				  deferred ITC amounts for the earnings test rate base (if applicable), the end
				  of test period rate base, and the fully-adjusted rate base, on a Virginia
				  jurisdictional basis.
Provide a detailed reconciliation between the federal and
				  state current tax expense on a stand-alone basis and the actual per book
				  federal and state current tax expense for the test period on a total company
				  and Virginia jurisdictional basis.
Provide a schedule depicting, by month, all federal and state
				  income tax payments made during the test year. For each payment, identify the
				  recipient.
Provide a detailed reconciliation between deferred federal
				  and state income expense computed on a stand-alone basis and the actual per
				  book deferred federal and state income tax expense, on a total company and
				  Virginia jurisdictional basis.
Provide a detailed reconciliation between individual
				  accumulated deferred federal and state income tax assets and liabilities
				  computed on a stand-alone basis and the actual per book accumulated deferred
				  income tax amounts as of the end of the test period, on a total company and
				  Virginia jurisdictional basis. Additionally, provide a detailed listing of
				  individual accumulated deferred income tax assets and liabilities computed on a
				  stand-alone basis for the earnings test rate base (if applicable), the end of
				  test period rate base, and the fully-adjusted rate base on a Virginia
				  jurisdictional basis.
Schedule 37 - Organization
Instructions: Provide an organizational chart of the
				  applicant and its parent company detailing subsidiaries and divisions. Provide
				  details of any material corporate reorganizations since the applicant's last
				  rate case. Explain the reasons and any ratemaking impact of each such
				  reorganization.
Schedule 38 - Changes in Accounting
				  Procedures
Instructions: Detail any material changes in accounting
				  procedures adopted by either the parent/service company or the utility since
				  the applicant's last rate case. Explain any ratemaking impact of such
				  changes.
Identify any write-offs or write-downs associated with assets
				  (i.e., plant, tax accounts, etc.) that have been retained, transferred, or
				  sold.
Schedule 39 - Out-of-Period Book Entries
Instructions: Provide a summary schedule prepared from an
				  analysis of journal entries showing "out-of-period" items booked during the
				  test period. Show journal entry number, amount, USOA account, and explanation
				  of charge.
Schedule 40 - Jurisdictional and Class Cost of Service
				  Study
Instructions: Use format of attached schedule.
a. Provide detailed calculations for all
				jurisdictional allocations for each revenue, expense, and rate base USOA
				account used to create Schedule 9. Allocations should be based on test year
				average data. Show the allocation basis for each primary USOA account and for
				any amount included therein with a unique allocation basis. Explain the
				methodology used and why such method is proposed. Discuss all changes in the
				applicant's operations that have materially changed any allocation factor since
				the last rate case.
b. Provide
				detailed calculations for all jurisdictional allocations for each revenue,
				expense, and rate base USOA account used to create Schedules 19 and 22. Show
				the allocation basis for each primary USOA account and for any amount included
				therein with a unique allocation basis. Explain the methodology used and why
				such method is proposed. Discuss all changes in the applicant's operations that
				have materially changed any allocation factor since the last rate
				case.
c. Provide a class cost of
				service study showing the allocation basis for each primary USOA account and
				for any amount included therein with a unique allocation basis. Explain the
				methodology used and why such method is proposed. Discuss all changes in the
				applicant's operations that have materially changed any allocation factor since
				the last rate case.
d. Applicant
				shall provide appropriate supporting cost data for new allocation methodologies
				or rate design proposals in expedited rate applications.
Schedule 41 - Proposed Rates and Tariffs
Instructions: Provide a summary of the rates designed to
				  effect the proposed revenue increase. Provide a copy of all tariff pages that
				  the applicant proposes to revise in this proceeding, with revisions indicated
				  by a dashed line (--) through proposed deletions and by underlining proposed
				  additions.
Schedule 42 - Present and Proposed
				  Revenues
Instructions:
a.
				Provide the detailed calculations supporting total per books revenues in Column
				(3) of Schedule 21. The present revenues from each of the applicant's services
				shall be determined by multiplying the current rates times the test period
				billing units (by rate block, if applicable).
b. Provide a detailed calculation supporting
				total adjusted revenues in Column (5) of Schedule 21. The proposed revenues
				from each of applicant's services shall be determined by multiplying the
				proposed rates by the adjusted billing units (by rate block, if applicable).
				Detail by rate schedule all miscellaneous charges and other revenues, if
				applicable. Reconcile per books billing units to adjusted billing units
				itemizing changes such as customer growth, weather, BTU content and
				miscellaneous revenues. The revenue changes for applicant's services should be
				subtotaled into the applicant's traditional categories.
Schedule 43 - Sample Billing
Instructions: Water or sewer utilities shall provide a sample
				  billing analysis detailing the effect on each rate schedule at representative
				  levels of consumption.
Schedule 50 - Additional Schedules
Reserved for additional exhibits presented by the applicant
				  to be labeled Schedule 50 et seq.
Statutory Authority: §
											12.1-13 of the Code of
					 Virginia.