Pennsylvania Code
Title 52 - PUBLIC UTILITIES
Part I - Public Utility Commission
Subpart C - Fixed Service Utilities
Chapter 71 - FINANCIAL REPORTS
Section 71.5 - Format for filing financial reports
Universal Citation: 52 PA Code § 71.5
Current through Register Vol. 54, No. 52, December 28, 2024
(a) The public utility shall include the following information in the financial reports required by § 71.3 (relating to filing requirements):
(1) Computations of the public
utility's rate base, income available for return and capitalization in
sufficient detail to demonstrate the major elements of these basic ratemaking
parameters.
(2) Financial data
which specifies actual per book amounts, intrastate allocation percentages,
intrastate amounts, adjustments to intrastate amounts and adjusted results. The
actual per book amounts for each 12-month period shall be presented in the
manner reflected in the most recent audited annual report filed with the
Commission.
(3) Adjustments to
intrastate amounts which demonstrate the revenue, expense, tax and rate base
effect of each adjustment supported by a brief narrative explanation which
states the nature of the adjustment-annualization, normalization or
ratemaking-the reason for the adjustment, references to prior Commission
decisions and necessary computational details.
(4) A calculation of the return on common
equity for the reported 12-month period based on the public utility's actual
and adjusted rate base, income available for return and capitalization
data.
(5) Capitalization data which
sets forth a calculation of the public utility's capital structure and related
ratios, the cost of debt and preferred stock and necessary adjustments to
capital structure to account for known changes which have occurred during the
reported 12-month period.
(b) The public utility shall present the financial reports, data and adjustments described in subsection (a) in a manner which is consistent with the schedules and format specified by the Office of Special Assistants.
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