N.Y. Comp. Codes R. & Regs. tit. 16 § 87.3

Current through Register Vol. 46, No. 36, September 4, 2024

Section 87.3 - Exhibit g-3: revenues; expenses; income

(a) When the estimated revenues and expenses related to a proposed facility will significantly affect the operating revenues or operating expenses of an applicant, the applicant shall submit:

(1) the system-wide statement for the last year preceding the filing; and

(2) a pro forma system-wide and pro forma incremental statement for each of the first three full years of operation of the proposed facility, showing:

(i) annual revenues and volumes of natural gas, subdivided by classes of service and further subdivided by sales to direct industrial customers, sales to other gas utilities and other sales;

(ii) annual operating expenses, classified in accordance with the commission's Uniform System of Accounts; and

(iii) the annual depreciation, depletion, amortization taxes, utility income, and resulting rate of return on net investment and gas plant, including working capital.

(b) When the information required by subdivision (a) of this section is not submitted, the applicant shall provide a statement in sufficient detail to show clearly the effect of the proposed facility upon operating revenues and operating expenses, together with an explanation of why the information in subdivision (a) should not be provided.

N.Y. Comp. Codes R. & Regs. Tit. 16 § 87.3