New Jersey Administrative Code
Title 7 - ENVIRONMENTAL PROTECTION
Chapter 26H - SOLID WASTE UTILITY REGULATIONS
Subchapter 3 - TRANSACTIONAL FILINGS
Section 7:26H-3.7 - Petitions for authority to change depreciation rates
Universal Citation: NJ Admin Code 7:26H-3.7
Current through Register Vol. 56, No. 24, December 18, 2024
(a) No solid waste disposal utility shall act to cause a change in depreciation rates established in accordance with N.J.S.A. 48:2-18 without prior written approval of the Department.
(b) Petitions for the approval of change or variation in the rates of depreciation used by solid waste disposal utilities shall conform to the provisions of N.J.A.C. 7:26H-2, to the extent applicable, and shall in the body thereof, or in attached exhibits, also provide the following information:
1. The existing and proposed rates of
depreciation;
2. The existing and
proposed methods of calculating or determining the rates of
depreciation;
3. The calculations
or studies supporting the proposed change in depreciation rates;
4. The effect of the proposed changes on
operating revenue deductions and operating income; and
5. A statement as to the date when it is
proposed to make the changes in depreciation rates effective, which date shall
not be earlier than 90 days after the filing of a petition under this section.
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