Section Puc 607.02 - Expedited Proceeding(a) In the alternative to a full rate proceeding filed pursuant to Puc 1600, a small water system may request an increase in revenues to recover the cost of any capital additions, or any operating costs that are the result of any state or federal mandate, that result in annual earnings, based on the small water system's fiscal year, below a generic return on equity set pursuant to Puc 607.03, subject to the following conditions:(1) The small water system shall file a petition with the commission containing the following: a. The small water system's last established rate base and rate of return, with a citation to the docket establishing said rate base and rate of return;b. The small water system's and the utility's realized rate of return established from its last filed annual report in combination with any increased or decreased costs and capital additions that were not included in that annual report;c. The small water system's proposed cost of capital utilizing the generic return on equity contained in Puc 607.03 and its most recent cost of debt;d. Copies of all invoices substantiating the capital additions requested to be added to rate base;e. An explanation signed under oath and notarized of each capital addition's usefulness, necessity and purpose;f. An explanation signed and sworn to under oath and notarized of all increased operating costs incurred as a result of a federal or state mandate including a specific citation to the federal or state mandate that required the increase in costs;g. The requested increase in revenues, and its effect upon the average customer's annual bill; andh. An amended tariff page reflecting the proposed increase;(2) The small water system shall make itself available for an audit at the location where its books and records are kept;(3) The small water system shall maintain its books and records pursuant to the uniform system of accounts which is described at Puc 604.04;(4) Subsequent to the filing, the small water system shall provide notice to all of its customers, all municipalities in which those customers are served, the department and the office of the consumer advocate by first class mail of: a. The requested rate increase;b. The rate impact on the average customer's annual bill;c. The capital additions and the federal or state mandates that necessitated the need for rate relief; andd. The customers' right to participate in the review of the requested rate increase; and(5) A copy of the notice required in (4), along with an affidavit of mailing, shall be filed with the commission within 15 days of the acceptance of the petition as referred to in (b) below.(b) Failure to comply with any of the provisions and requirements set forth in (a) shall result in the immediate rejection of the petition if the utility has failed to respond to any notice issued by the commission required by RSA 541-A:29, I.N.H. Admin. Code § Puc 607.02
(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).