Wisconsin Administrative Code
Public Service Commission
Chapter PSC 116 - Fuel Cost
Section PSC 116.08 - Mid-year rate adjustment
Universal Citation: WI Admin Code ยง PSC 116.08
Current through August 26, 2024
(1) The commission may commence a proceeding to adjust rates for a utility during a plan year if all of the following apply:
(a) During the
plan year the commission projects that the utility's average annual fuel cost
will differ materially from the forecast of the average annual fuel cost used
in an approved fuel cost plan.
(b)
The difference is due to extraordinary circumstances.
(c) The commission finds that the absolute
value, at current rates, of the difference at the end of the plan year between
the commission's projection of utility average annual fuel cost and the
commission's approved forecast of utility average annual fuel cost, as
specified in par. (a), likely will be of sufficient magnitude to cause a
material change to rates.
(2) After a hearing, the commission may approve a rate change that is designed to avoid a difference of such magnitude.
(3) The commission may not adjust an approved fuel cost plan in an order under sub. (2).
(4) A utility may not obtain an increase in rates under sub. (2) more than once during a plan year.
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