Section 5-5 - Determining the Weighted Statewide Average Price and 130% Price Benchmark (a) The Fund Manager shall compute the weighted statewide average essential local exchange service price in a consistent manner based on end of calendar year essential local exchange service line counts and on prices authorized by Wyoming Statute §§ 37-15-203 and 204, taking into account the customer grouping options used by the Companies described in section 4(b) of this Chapter. The Fund Manager's computation of the weighted statewide average essential local exchange service price shall also include the reported prices for supported wireless services;
(b) The weighted statewide average essential local exchange service price shall be calculated as follows: - (i) Multiply the number of essential local exchange services lines by the price(s) applicable to each line reported pursuant to section 4(b) to determine the total revenue for each Company;
- (ii) Add all reporting Companies' revenues to determine the statewide total revenues;
- (iii) Add all reporting Companies' essential local exchange service lines to determine the statewide total number of service lines;
- (iv) For those reporting Companies with Embedded Support Prices, determine the total embedded Federal High Cost Support as follows:
- (A) Multiply each Company's Embedded Support Price by the number of its essential local exchange service lines reported in section 4(b) and multiply by 12 to annualize;
- (B) Subtract the total embedded FUSF support from the Company's reported FUSF Contributions to determine its Incremental Federal High Cost Support Adjustment; and
- (C) Add all reporting Companies' annual Incremental Federal High Cost Support Adjustments and divide by 12 to determine a statewide monthly Incremental Federal High Cost Support Adjustment.
- (v) Subtract the statewide monthly Incremental Federal High Cost Support Adjustment from the statewide total revenues to determine the adjusted statewide total revenues; and
- (vi) Divide the adjusted statewide total revenues by the statewide total number of essential local exchange service lines to determine the weighted statewide average price.
(c) The 130% price benchmark shall be calculated by multiplying the weighted statewide average price by 130%.