New Jersey Administrative Code
Title 14 - PUBLIC UTILITIES
Chapter 9 - WATER AND WASTEWATER
Subchapter 10 - DISTRIBUTION SYSTEM IMPROVEMENT CHARGE
Section 14:9-10.3 - Investments eligible for recovery under a DSIC
Current through Register Vol. 55, No. 48, December 18, 2023
(a) A water utility may seek recovery for any or all of the following costs through a DSIC:
(b) Each water utility is required to make the base spending investment in each 12-month period contained within the authorized DSIC period in order to take advantage of the DSIC program. A water utility is not required to spend the base spending amount prior to recovering DSIC expenditures. In the event that a water utility fails to spend its base spending for the 12-month period, or over-recovers the DSIC revenue requirement recovery amount for the 12-month period, the water utility must provide a credit to customers to be reflected in the DSIC filing, following the end of each 12-month period. The credit will consist of the impact of the shortfall of the base spending during the 12-month period. The required base spending will not be recovered through the DSIC.
(c) Restoration costs associated with an eligible project as set forth in (a) above and approved through a water utility's Foundational Filing or substitute project as permitted under N.J.A.C. 14:9-10.4(b)5, may be recovered if incurred prior to or within 18 months of the project's in-service date and timely included in a normally scheduled semi-annual DSIC filing.
Amended by 49 N.J.R. 2542(a), effective 8/7/2017