Rhode Island Code of Regulations
Title 815 - Division of Public Utilities and Carriers
Chapter 50 - Common Carriers
Subchapter 10 - Motor Carriers of Passengers
Part 2 - Rules Governing Transportation of Passengers via Taxicabs and Limited Public Motor Vehicles (815-RICR-50-10-2)
Section 815-RICR-50-10-2.15 - Requirements for Filing of Rate Schedule Changes

Universal Citation: 815 RI Code of Rules 50 10 2.15

Current through September 18, 2024

A. Each company shall furnish supporting documentation and exhibits in the case of any proposed rate schedule changes and to furnish specific information and exhibits where an increase in rates is proposed under the applicable statutes. In connection with the latter, the regulations require each company to present its case-in-chief, to the extent feasible, in a standard format. The prescribed information is directed to items that the Division has found useful in prior proceedings; the format should facilitate analysis of the filing by marking a traceable trail from the book source data through the adjustments and summaries to the proposed revenue requirements.

B. These regulations are not intended to restrict in any way the right of any company to submit such additional exhibits and documentation or to argue such theories as it may choose in any proceeding.

C. The rules and regulations contained in this part shall be applicable only to proceedings involving the investigation of changes in rates constituting a rate increase in which the respondent's overall revenue requirements are at issue.

D. Notice to the Division of proposed rate schedule changes by a common carrier pursuant to R.I. Gen. Laws § 39-14-2.2, shall be given by a filing with the Division pursuant to § 2.15(H), unless a motion for an exemption from any requirements accompanies the filing.

E. In the event that any information, document or data required by this section is unavailable and/or its ascertainment or submission would be unduly burdensome or is not relevant in light of the schedule change that is the subject of the application, the applicant may file with the application a motion for an exemption from the requirement. The motion shall set forth in detail the reasons why the information, document or data cannot or should not be submitted. The granting of such a motion shall not exempt the applicant from supplying the information, document or data in response to a subsequent data request.

F. Pursuant to R.I. Gen. Laws § 39-14-2.2, Division-ordered suspension periods of up to five (5) months commence on the date the change in rates would otherwise take effect. In addition, the administrator shall have power by an order served upon the taxicab or limited public motor vehicle affected to further suspend the taking effect of the change or changes pending the decision thereon, but not for a longer period than three (3) months beyond the expiration of the first mentioned five (5) month period.

G. Within ten (10) days after filing for rate schedule changes, the applicant shall cause a notice of the filing, in a form to be approved by the Division, to be published in the newspaper of widest circulation within the applicant's service territory.

H. The following materials shall be included in or shall accompany the filing:

1. Rate Schedules. Terms and Conditions. The current and proposed rate schedules and the terms and conditions under which the common carrier provides services and/or makes non-tariffed charges.

2. Complete Direct Case. An original and five (5) copies of the applicant's complete direct case in support of the rates applied for. The direct case should include, at a minimum, the following items:

a. Detailed income statement and balance sheet for a test year period that constitutes a historic year of actual data for a period ending within nine (9) months of the filing date.

b. Proforma income statement for a rate year period which constitutes a twelve month period for which new rates are designed to recover the proposed cost of service. The proforma income statement shall be for a yearly period that commences no later than eight (8) months after the proposed effective date of the new rates.

c. A listing of the test year and rate year revenues by source.

d. Supporting schedules or workpapers to disclose the manner in which the proforma amounts were calculated. The adjustments shall be fully explained and the source of the data in support of the adjustments shall be presented, or disclosed, as appropriate.

3. Additional Documents. Annual Report to the Division for the last two years, if reports have not been previously filed with the Division.

I. The financial data shall be accompanied by a statement attesting to the accuracy of the financial data presented in the filings. The chief financial officer shall sign this attestation or a person duly authorized by such financial officer.

Disclaimer: These regulations may not be the most recent version. Rhode Island may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

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