Statutes, codes, and regulations
Pennsylvania Code (Rules and Regulations)
Title 52 - PUBLIC UTILITIESPart I - Public Utility CommissionSubpart C - Fixed Service Utilities
Chapter 71 - FINANCIAL REPORTS
Section 71.3 - Filing requirements

52 Pa. Code § 71.3

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Current through Register Vol. 54, No. 44, November 2, 2024
Section 71.3 - Filing requirements
(a) The following public utilities shall file a financial report for the 12-month period ending each March 31, June 30, September 30 and December 31:
(1) The major electric utilities (Philadelphia Electric Company, Pennsylvania Power and Light Company, Duquesne Light Company, West Penn Power Company, Pennsylvania Power Company, UGI Corporation-Luzerne Electric Division, Pennsylvania Electric Company and Metropolitan Edison Company).
(2) Gas distribution utilities having annual intrastate gross revenues in excess of $10 million.
(3) Water and wastewater utilities with annual intrastate gross revenues in excess of $10 million.
(b) The following public utilities shall file a financial report for the 12-month period ending each December 31:
(1) Electric utilities with annual intrastate gross revenues in excess of $1 million.
(2) Gas distribution utilities having annual intrastate gross revenues in excess of $1 million but which do not exceed $10 million.
(3) Water and wastewater utilities with annual intrastate gross revenues in excess of $1 million but which do not exceed $10 million.
(c) Annualization, normalization and ratemaking adjustments are required only with the financial report for the 12-month period ending December 31 of each year. These adjustments are not required for financial reports for the 12-month period ending March 31, June 30 and September 30.
(d) For the 12-month period ending each December 31, the actual per books amounts in the financial report shall reflect the public utility's independently audited results of operations.

52 Pa. Code § 71.3

The provisions of this §71.3 amended February 13, 1998, effective 2/14/1998, 28 Pa.B. 801; amended April 5, 2002, effective 4/6/2002, 32 Pa.B. 1723; amended December 15, 2006, effective 12/16/2006, 36 Pa.B. 7558.

The provisions of this §71.3 amended under the Public Utility Code, 66 Pa.C.S. § § 501 and 1501.

This section cited in 52 Pa. Code § 71.5 (relating to format for filing financial reports).