Del. Admin. Code tit. 26, 1000, 1006
Effective Date: March 1, 1990.
Administrative History:
PSC Order No. 3118 (Jan. 16, 1990); Regulation Docket No. 23.
PSC Order No. 6602 (Apr. 26, 2005); exempting Verizon Delaware, Inc.
No public utility, without having first given at least fifteen (15) days prior written notice to the Commission, which may be accomplished through a quarterly or annual report of, forecast short-term debt requirements, may issue or borrow any amount of short-term debt (defined as "any debt due in one year or less, and not subject to the approval of the Commission under 26 Del.C. § 215," with the exception of debt that is used to repurchase or retire previously approved long term securities) which, when added to existing short-term debt exceeds ten (10) percent of the utility's total capitalization (defined as total equity, including retained earnings plus short-term debt, long-term debt and unamortized investment tax credits."
Del. Admin. Code tit. 26, 1000, 1006