Code of Massachusetts Regulations
220 CMR - DEPARTMENT OF PUBLIC UTILITIES
Title 220 CMR 31.00 - Optional Formula For Determining Allowed Rates Of Return On Equity For Water Companies
Section 31.02 - Application of Optional Methodology
Universal Citation: 220 MA Code of Regs 220.31
Current through Register 1531, September 27, 2024
A utility may, at its option, at the time of making a rate filing with the Department, choose to request the Department to establish its allowed return on equity based on the formula contained in 220 CMR 31.03. If a utility elects this option, it shall be deemed to have presented a prima facie case concerning its allowed return on equity and to have established a rebuttable presumption that the application of the formula will result in a fair and reasonable allowed return on equity.
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