26 Del. Admin. Code § 1009-6.0

Current through Register Vol. 28, No. 7, January 1, 2025

Section 1009-6.0 - Annual Reconciliation and Audit

6.1 DSIC and UFRC rates shall be subject to an annual reconciliation based on a period consisting of the twelve months ending December 31 of each year.

6.2 DSIC and UFRC rates shall be subject to audit by the Staff. Such audits will be conducted between February and May of each year. Staff will visit the utility's Delaware administrative offices to review the utility's documents. The utility must make staff available to assist with the field audit.

6.3 Discovery.

6.3.1 Staff may issue data requests to the utility during the annual audit to obtain information regarding but not limited to:

6.3.1.1 Whether the plant included in the calculation of the proposed DSIC/UFRC was an Eligible Distribution System Improvement or an Eligible Utility Facility Relocation;

6.3.1.2 Whether the utility used the correct depreciation and cost of capital rates in the calculation;

6.3.1.3 Whether the utility correctly accounted for all retirements corresponding to the Eligible Distribution System Improvement or the Eligible Utility Facility Relocation;

6.3.1.4 Whether the approved DSIC/UFRC rate was applied correctly to customers' bills; and

6.3.1.5 Whether any over- or undercollections were properly reflected in the calculation of the DSIC/UFRC rates.

6.3.2 26 DE Admin. Code § 1001-2.6.6 shall govern the deadline for responses to such data requests.

FORM 1

SCHEDULE 1: DEVELOPMENT OF RATE AND SUPPORTING DATA

	Item	11/1/XXXX-4/30/XXXX
1	Net Utility Plant Additions (Schedule 1A and Schedule 2)	$
2	Net Accumulated Depreciation Reserve Change (Schedule 2A)	$
3	Net Change in Rate Base (Line 1 + Line 2)	$
4	Pre-Tax Rate of Return (Schedule 1A)	__%
5	Semi-Annual Pre-Tax Rate of Return (Line 4/ 2)	__%
6	Semi-Annual Investment Cost Recovery (Line 3 * Line 5)	$
7	Semi-Annual Depreciation Expense (Schedule 2A)	$
8	Semi-Annual DSIC/UFRC Revenue Requirement (Line 6 + Line 7)	$
8A	Total Over-/Undercollection from Previous DSIC/UFRC (Schedule 1B)	$
9	Total Semi-Annual DSIC/UFRC Revenue Requirement (Line 8 + Line 8A)	$
10	Semi-Annual Projected Total Revenues (for DSIC) Semi-Annual Projected Distribution Revenues (for UFRC)	$
11	Projected DSIC/UFRC Rate Increase (Line 9/Line 10)	___%

FORM 2

SCHEDULE 1A: CAPITAL STRUCTURE APPROVED IN MOST RECENT GENERAL/BASE RATE CASE

Capital Structure in PSC Docket No. XX-XXX
	%	Cost	Weighted Cost	Revenue Multiplier	Pre-Tax Cost
Cost of Debt	XX.XX%	X.XX%	X.XX%	X.XXXXX	X.XX%
Cost of Equity	XX.XX%	X.XX%	X.XX%	X.XXXXX	X.XX%
	100%		X.XX%		X.XX%

FORM 3

SCHEDULE 1B: OVER/UNDERCOLLECTIONS FROM PREVIOUS DSIC/UFRC FILINGS

Docket No.	Over/(Under)Collection
XX-XXX	$______________
XX-XX	$______________

FORM 4

SCHEDULE 2: PROJECTS PLACED INTO SERVICE AND/OR RETIRED

Utility Plant in Service 11/1/XX - 4/30/XX
Project Name	Description	Project No.	DSIC/UFRC Amount(net of CIAC)	Retirement Cost
Rt. 13 Street Widening	Relocate water/gas main	XXXXX	$___________	$___________
Rt. 7 mall construction	Relocate gas line	XXXXX	$___________	$___________
I-95 lane addition	Relocate gas line	XXXXX	$___________	$___________
Old North Rd. repair	Relocate meter	XXXXX	$___________	$___________
New Street road repair	Relocate meter	XXXXX	$___________	$___________
Total			$___________	$___________
Net Total			$___________

FORM 5

SCHEDULE 2A: NET ACCUMULATED DEPRECIATION

Net Additions to Plant and Depreciation Expense 11/1/XX - 4/30/XX
Account Name	FERC/NARUC Account No.	Amount	Depreciation Rate	Depreciation Amount
Mains	XXXXX	$__________	X.XX%	$___________
Meters	XXXXX	$__________	X.XX%	$___________
Lines	XXXXX	$__________	X.XX%	$___________
TOTAL		$______(Schedule 2)		$___________
Semi-Annual Depreciation Expense				$___________

Accumulated Depreciation Reserve Change
Semi-Annual Depreciation Expense (above)	$(________________)
Retirements (Schedule 2)	$_________________
TOTAL	$_________________

26 Del. Admin. Code § 1009-6.0

15 DE Reg. 1623 (05/01/12)