Section Puc 606.03 - E-22 - Report of Proposed Expenditures for Additions, Extensions, and Capital Improvements to Fixed Capital(a) Except as provided in (i) below, each utility shall file with the department and the commission an annual report of proposed expenditures for addition, extensions, and capital improvements to fixed capital on or before May 15 of each year.(b) The report shall include a caption identifying the report as "E-22 Report of Proposed Expenditures for Additions, Extensions and Capital Improvements to Fixed Capital" along with the name of the utility filing the report.(c) The utility shall report the following on Form E-22 with respect to any proposed expenditures for additions, extensions and capital improvements which meet the conditions of (d) below: (1) A description of the addition, extension or capital improvement;(2) The location of the proposed addition, extension or capital improvement;(3) The total estimated cost of the proposed addition, extension or improvement by work category; and(4) The signature, full name and title of the utility employee who supervised the preparation of the report.(d) Each utility shall report to the commission when the probable cost of any addition, extension or capital improvement to its utility plant will exceed the reportable amounts shown in Table 6.9.1 below: Table 6.9.1 Reportable Amounts by Utility Plant Range
UTILITY PLANT RANGE | REPORTABLE AMOUNT |
| |
$ 400,000 and under | $5,000 |
400,001 to $ 1,000,000 | 10,000 |
1,000,001 to 2,000,000 | 15,000 |
2,000,001 to 3,000,000 | 22,500 |
3,000,001 to 50,000,000 | 30,000 |
50,000,001 to 100,000,000 | 50,000 |
100,000,001 and over | 100,000 |
(e) The reportable amount shall be based on the gross fixed capital, as of December 31st of the calendar year immediately preceding, of each core stand-alone or satellite system with an independent source of supply.(f) Companies with more than $10,000,000 in fixed capital may use the next higher reporting limit for their satellite systems.(g) The reporting limits shall apply to total project cost including contributions in aid of construction.(h) For purposes of (d) above, reporting shall consist of:(1) A completed E-22 form; or(2) With written approval of the commission pursuant to (i) below, a construction budget.(i) The commission shall accept a construction budget in place of individual E-22 forms if the proposed budget:(1) Highlights all projects above the utility's reporting limit;(2) Contains a level of detail appropriate to the expenditures anticipated and to identification of potential project-specific issues; and(3) Covers a period of no longer than one year.(j) A utility shall file an original and duplicate copy of the report or the construction budget as follows: (1) An individual E-22 form no fewer than 30 days before starting actual construction or expenditure of funds; or(2) A construction budget no fewer than 60 days before starting actual construction or expenditure of funds.(k) A utility may provide an additional copy of its filing and request that it be date-stamped and returned by the commission to confirm filing.(l) If the cost of a project is anticipated to fall below the applicable reporting limit but later exceeds it, the utility shall immediately file an E-22 form at whatever time or phase of the project it becomes apparent the limit will be exceeded. This requirement shall include projects listed in a construction budget but not highlighted in accordance with (i)(1) above.(m) Investigation of or comment on a construction budget or E-22 by the commission or department, or failure of the commission or department staff to identify prudence review issues, shall not constitute a final prudence review and the commission shall not be precluded from analyzing the merit of any expenditure in a future rate case.(n) If a project not included in an approved construction budget arises which will exceed a utility's reporting limit, the utility shall file an E-22 form.N.H. Admin. Code § Puc 606.03
(See Revision Note at Chapter heading Puc 600) #6475, eff 3-25-97; ss by #8311, eff 3-25-05; ss by #10407, eff 9-10-13
Amended by Number 10, Filed March 7, 2024, Proposed by #13887, Effective 2/22/2024, Expires 4/22/2034 (See Revision Note # 1 and Revision Note #2 at chapter heading for Puc 600).