A. Each public
utility shall file a report with the Commission, at least 30 days before
beginning construction, by the utility or contracted by the utility, or before
the purchase or acquisition of the following utility assets and any other
utility plant devoted to Utah service, the cost of which is in excess of the
lesser of $10,000,000 or five percent of gross investment in utility plant
devoted to Utah service at the latest balance sheet date as set forth in its
most recent annual report on file with the Commission:
1. gas corporations --
a. any manufactured gas production facility,
or liquids separation or sweetening plant facility, or gas reinjection plant
facility.
b. any natural gas
storage reservoir or liquified natural gas storage facility.
c. any natural gas transmission pipeline the
size of which is:
i. large utilities - eight
inches or greater in diameter and 20 miles or more in length
ii. small utilities - four inches or greater
in diameter and ten miles or more in length
2. electrical corporations, wholesale
electrical cooperatives and independent energy producers --
a. any coal mine, uranium mine, geothermal
well or other fuel source development
b. any electrical generating facility of ten
megawatts or greater
c. any
electrical transmission line ten miles or more in length and the design voltage
of which is:
i. large utilities - 138
kilovolts or greater
ii. small
utilities - 69 kilovolts or greater
3. telephone and telegraph corporations --
a. any new central office or complete
replacement of an existing central office in Utah the size of which is:
i. large utilities - 5,000 or more access
lines in service
ii. small
utilities - 500 or more access lines in service
4. water corporations --
a. any water well or spring
development
b. any water storage
reservoir
c. any water transmission
pipeline one mile or more in length
5. sewerage corporations --
a. any sewer treatment facility
b. any sewer transmission pipeline one mile
or more in length
6.
heat corporations --
a. any heat production
facility
b. any heat transmission
pipeline one-quarter mile or more in length
B. Each public utility shall file with the
Commission, at least 30 days before its being consummated, a report of the
sale, transfer or other disposition by that utility of utility assets having a
book cost allocated to Utah in excess of the lesser of ten million dollars or
five percent of gross investment in utility plant devoted to Utah service at
the latest balance sheet date as set forth in its most recent annual report on
file with the Commission.
C. Each
public utility shall file with the Commission, at least 30 days before being
placed into effect, a report of the construction, purchase, acquisition, sale,
transfer or other disposition by that utility of nonutility assets having a
book cost in excess of the lesser of twenty million dollars or ten percent of
gross investment in utility plant devoted to Utah service at the latest balance
sheet date as set forth in its most recent annual report on file with the
Commission.
D. The utility shall
file with the Commission an original and 12 copies of the report on each
transaction described in the foregoing sections.
E. The report of each transaction shall
contain, at least, the following information:
1. The utility's name and address, and a
brief description of the utility's service territory;
2. Description of the subject transaction,
the purposes and reasons for the transaction, and the location and purposes of
the subject assets;
3. Information
to show that the utility has or will get any required consent, franchise or
permit from the proper county, city, or other public authority and any other
necessary authorizations from the appropriate governmental bodies;
4. Dates assets are to be constructed, bought
or otherwise acquired, or sold, transferred or otherwise disposed of;
5. Estimated construction cost of the assets
or book cost and accumulated depreciation, depletion or amortization of assets
acquired, sold, transferred or disposed of;
6. Information to show that any proposed
line, plant or system will not conflict with or adversely affect the operations
of any existing certificated public utility which supplies the same product or
service to the public and that it will not constitute an extension into the
territory certificated to any existing public utility which supplies the same
product or service to the public;
7. Financial statements of the utility
demonstrating adequate financial capacity to support the construction or
acquisition of the proposed assets, and information concerning any proposed
financing arrangements necessary to finance the proposed assets;
8. Estimated effect of the transaction on
current utility rates and charges; and
9. Other information as the Commission may
require.
F. Any report
filed with the Commission shall be updated or supplemented if there are
significant changes in the subject transaction.