Pennsylvania Code
Title 52 - PUBLIC UTILITIES
Part I - Public Utility Commission
Subpart C - Fixed Service Utilities
Chapter 71 - FINANCIAL REPORTS
Section 71.3 - Filing requirements

Universal Citation: 52 PA Code § 71.3

Current through Register Vol. 54, No. 52, December 28, 2024

(a) The following public utilities shall file a financial report for the 12-month period ending each March 31, June 30, September 30 and December 31:

(1) The major electric utilities (Philadelphia Electric Company, Pennsylvania Power and Light Company, Duquesne Light Company, West Penn Power Company, Pennsylvania Power Company, UGI Corporation-Luzerne Electric Division, Pennsylvania Electric Company and Metropolitan Edison Company).

(2) Gas distribution utilities having annual intrastate gross revenues in excess of $10 million.

(3) Water and wastewater utilities with annual intrastate gross revenues in excess of $10 million.

(b) The following public utilities shall file a financial report for the 12-month period ending each December 31:

(1) Electric utilities with annual intrastate gross revenues in excess of $1 million.

(2) Gas distribution utilities having annual intrastate gross revenues in excess of $1 million but which do not exceed $10 million.

(3) Water and wastewater utilities with annual intrastate gross revenues in excess of $1 million but which do not exceed $10 million.

(c) Annualization, normalization and ratemaking adjustments are required only with the financial report for the 12-month period ending December 31 of each year. These adjustments are not required for financial reports for the 12-month period ending March 31, June 30 and September 30.

(d) For the 12-month period ending each December 31, the actual per books amounts in the financial report shall reflect the public utility's independently audited results of operations.

The provisions of this § 71.3 amended under the Public Utility Code, 66 Pa.C.S. § § 501 and 1501.

This section cited in 52 Pa. Code § 71.5 (relating to format for filing financial reports).

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