220 Mass. Reg. 31.02
Current through Register 1523, June 7, 2024
A utility may, at its option, at the time of making a rate filing with the Department, choose to request the Department to establish its allowed return on equity based on the formula contained in 220 CMR 31.03. If a utility elects this option, it shall be deemed to have presented a prima facie case concerning its allowed return on equity and to have established a rebuttable presumption that the application of the formula will result in a fair and reasonable allowed return on equity.
220 CMR 31.02