(a) Except as provided in (b) of this
section, each filing with the commission of a permanent or interim tariff
revision that involves a change in rates to the customers of a utility or
shippers of a pipeline carrier must include the following supporting
information in the following order:
(1) a
comparative statement of assets, liabilities, and other credits as of the end
of each of the two calendar or fiscal years preceding the date of
filing;
(2) a comparative statement
of income and operating expenses as of the end of each of the two calendar or
fiscal years preceding the date of filing;
(3) a comparative statement of changes in the
utility's or pipeline carrier's equity position to include fluctuations in
capital stock, retained earnings, owner's equity, or fund balances for each of
the two calendar or fiscal years preceding the date of filing;
(4) a schedule showing the amount of the
proposed rate change, both in absolute dollars and as a percentage increase or
decrease, applied to the most recent approved permanent tariff rates and
charges for each customer or service classification;
(5) a schedule showing the computations of
revenue requirement, and revenue deficiency or surplus, in both absolute
dollars and as a percentage of revenues, for the normalized
test-year;
(6) a schedule showing
test-year operating revenues and expenses, pro forma adjustments, and the
resulting normalized test-year operating revenues and expenses;
(7) a schedule showing the computation of and
a narrative explanation for any pro forma adjustments to the test-year results
of operations;
(8) a schedule
showing the computation of the pro forma provision for income taxes for the
normalized test-year;
(9) a
schedule showing the computation of rate base using a 13-month average (the
arithmetic sum of the beginning of each month net balance for the 12-month test
period, plus the balance at the end of the twelfth month of the test period,
divided by 13) of all rate-base components except cash working capital
allowance, and using any other rate-base theory the utility or pipeline carrier
considers appropriate and supportable;
(10) a summary of utility, or pipeline, plant
and depreciation for each of the two calendar or fiscal years preceding the
date of filing, showing plant in service; depreciation expense for each plant
account; depreciation method; asset life; and net salvage used for computing
that depreciation expense and the end-of-year balance of each plant account and
the related account for accumulated depreciation;
(11) a schedule showing the pro forma cash
working capital requirement based on the normalized test-year;
(12) a schedule showing the computation of
weighted cost of capital, separately delineating the percentage amount and
embedded cost of debt, and the percentage amount and rate of return on equity,
together with a schedule showing the resultant returns on each of the rate
bases computed in (9) of this subsection;
(13) a schedule showing all liabilities of
longterm debt for each of the two calendar or fiscal years preceding the
filing, including a description of each obligation; nominal date of issue; date
of maturity; authorized face amount; and the computation of the embedded cost
of debt used in (12) of this subsection;
(14) as provided for under
3
AAC 48.153, prefiled direct testimony in support of
the information filed under this subsection, together with a list of the
witnesses filing testimony;
(15)
for a pipeline carrier seeking to collect in rates money to cover costs to
dismantle or remove a pipeline facility or restore a right-of-way,
(A) any document imposing an obligation to
dismantle or remove a pipeline facility or restore a right-of-way;
(B) a detailed study supporting the total
estimated cost to dismantle and remove the pipeline facility and restore the
right-of-way;
(C) a schedule of the
cumulative balance to date of any fund for the dismantlement or removal of a
pipeline facility or the restoration of a right-of-way; the schedule must
provide details since inception of the pipeline of annual revenue,
expenditures, and earnings;
(D) a
schedule showing the effect of income taxes, if any, on the cumulative balance
to date of any fund for the dismantlement or removal of a pipeline facility or
the restoration of a right-of-way;
(E) an explanation of how the existing or
proposed fund for the dismantlement or removal of a pipeline facility or the
restoration of a right-of-way will be managed; and
(F) a statement identifying any component of
the rate-base computation associated with the dismantlement or removal of a
pipeline facility or the restoration of a right-of-way;
(16) for a pipeline carrier that has
performed dismantlement or removal of a pipeline facility or the restoration of
a right-of-way during the test year, a schedule showing any adjustments
pertaining to the costs of the dismantlement or removal of the pipeline
facility or the restoration of the right-of-way included in the schedule
submitted in accordance with (5) of this subsection.
(b) Unless otherwise ordered by the
commission, (a) of this section does not apply to the following charges and
periodic rates, provided cost justification is included with the tariff
filings:
(1) charges for connections,
reconnections, installations, bad checks, late payments, line extensions, meter
testing, special services of a non-utility nature, special equipment (one-time
charges), moves and changes, directory listings, or maintaining
records;
(2) changes in customer
deposit requirements, cooperative association membership fees, payments instead
of assessments, or contributions or advances in aid of construction;
(3) initial connection or installation
charges and initial, inception, or periodic rates established for new equipment
or a new service added to the tariff of a utility or pipeline
carrier.
(c) If the
information required by (a)(1), (2), (3) and (4) of this section is not
available for the entire calendar or fiscal year immediately preceding the
tariff filing, the utility shall file the available information for that year
and indicate the date the entire information for that year will be filed with
the commission.
(d) - (f) Repealed
6/29/84.
(g) Each account referred
to in any item required to be filed by (a) of this section shall refer to the
proper account number of the applicable Uniform System of Accounts.
(h) In addition to any other supporting
studies required by this chapter, if a proposed tariff revision includes a rate
redesign, other than an across-the-board increase, a cost-of-service study and
a narrative explaining the methodology used in the study must be
submitted.
(i) If the rates for
public utility or pipeline carrier services submitted as a part of a tariff
filed with an application for transfer of a certificate of public convenience
and necessity, or for transfer of a controlling interest in a certificated
public utility or pipeline carrier, under
AS
42.05.281 or
AS
42.06.305 and
3
AAC 48.640(a) (3) and (4), differ
from those of the transferor, the applicant shall file supporting financial
information required by (a) of this section.
(j) The commission advisory staff, within its
resources as provided for in
3
AAC 48.157(b), shall analyze the
reasonableness and propriety of a utility's or pipeline carrier's filing,
including its accuracy, representativeness, methodology, and conformance with
law.
(k) Subsection (a) of this
section does not apply to filings for the development and support of access
charges. A filing for the development and support of access charges must be in
accordance with the Alaska Intrastate Interexchange Access Charge Manual,
adopted by reference in
3
AAC 48.440.
(l) A pipeline carrier with simplified
pipeline tariff rates filed under
3
AAC 48.450 -
3
AAC 48.490 may file revised rates, along with a
statement specifying the simplified tariff rates subject to revision, under
this section if
(1) property balances filed
in support of the revised rates are based on current plant property, additions,
retirements, and accumulated depreciation consistent with the pipeline
carrier's previous filings under
3
AAC 48.450 -
3
AAC 48.490;
(2) the rate base and property balances are
not adjusted to
(A) add an allowance for funds
used during construction for property in service during the period rates filed
under 3 AAC 48.450 -
3
AAC 48.490 were in effect except as provided in (m) of
this section; or
(B) subtract
accumulated deferred income taxes except as provided in (m) of this section;
and
(3) any
dismantlement, removal, and restoration costs waived by the pipeline carrier
during the period rates filed under
3
AAC 48.450 -
3
AAC 48.490 were in effect are not recovered in rates
filed under this section.
(m) If the commission orders the pipeline
carrier to subtract accumulated deferred income taxes from the rate base, the
pipeline carrier filing revised rates under ( l) of this
section may add to the rate base and property balances an allowance for funds
used during construction that does not exceed the amount of accumulated
deferred income taxes deducted from the rate base.
(n) The accumulated depreciation balances
used to calculate rates filed under
3
AAC 48.450 -
3
AAC 48.490 are not subject to investigation or protest
when included in rates filed under ( l) of this section. The
beginning plant balances, additions, and retirements verified by the pipeline
carrier for rates filed under
3
AAC 48.450 -
3
AAC 48.490 are subject to investigation or protest
when included in rates filed under ( l) of this
section.