New York Codes, Rules and Regulations
Title 16 - DEPARTMENT OF PUBLIC SERVICE
Chapter I - RULES OF PROCEDURE
Subchapter D - Rate Proceedings
Part 61 - Rate Proceedings
Section 61.3 - Matters to be established by utility
Universal Citation: 16 NY Comp Codes Rules and Regs ยง 61.3
Current through Register Vol. 46, No. 12, March 20, 2024
(a) The utility whose rates, rules and regulations are being considered shall establish by competent testimony;
(1) the annual revenues under the existing
rates, rules and regulations that are being considered and under those which
said utility proposes to charge;
(2) number of units of service rendered
(e.g.,kilowatt-hours, M cubic feet, car miles and car hours or telephone calls)
for each service classification involved, actual and proposed; and
(3) revenue per unit similarly.
(b) Such utility shall establish by competent testimony:
(1) the detailed cost
of rendering the service to which such rates, rules and regulations are
applicable;
(2) the cost per unit
of service rendered as defined in the preceding paragraph; and
(3) other customary operating
statistics.
(c) Such revenues and costs shall be:
(1) for each of
the three years immediately preceding the initiation of the case;
(2) for such later periods as the progress of
the proceeding will permit; and
(3)
all changes in said rates, rules and regulations during the entire period shall
be fully and exactly set forth.
(d) Such utility shall establish by competent testimony;
(1) comparative balance sheets at
the end of the four preceding fiscal years and the latest available
month;
(2) comparative income
statements for the three preceding fiscal years and for the current year
through the latest available month;
(3) amount and bases of charges for
depreciation or amortization included in such operating expenses;
(4) earned surplus statements for the three
preceding fiscal years and for the current year through the latest available
month;
(5) complete and detailed
statements of the merchandising and jobbing business conducted by the utility
during the three preceding fiscal years and for the current year through the
latest available month, including the revenues applicable thereto, the total
expenses incurred in conducting this business, taxes applicable thereto and
return on the property used therefor. This testimony shall be complete and in
detail and shall include all costs of every kind and description; and
(6) the gas purchasing policies and load
management practices and how the company is insuring that gas costs for both
the test period and rate year are prudent and from the least-cost reliable
sources. Such testimony should discuss both the long- and short-term gas
procurement plans as well as a description of existing gas supply contracts.
This testimony should be complete and in detail, including quantities as well
as costs for all sources of gas supply.
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