4 Colo. Code Regs. § 723-5-5410

Current through Register Vol. 48, No. 1, January 10, 2025

Section 4 CCR 723-5-5410 - Refund Plans

(a) If it seeks to refund monies, a utility shall file an application for Commission approval of a refund plan.

(b) The application for approval of a refund plan shall include, in the following order, the following information either in the application or in the appropriately identified attached exhibits:

(I) all the information required by paragraphs 5002(b) and 5002(c);

(II) the reason for the proposed refund;

(III) a detailed description of the proposed refund plan, including the type of utility service involved, the service area involved, the class(es) of customers to which the refund will be made, and the dollar amount (both the total amount and the amount to be paid to each customer class) of the proposed refund. The interest rate on the refund shall be the interest rate for customer deposits in the applying utility's currently effective tariff;

(IV) the date the applying utility proposes to start making the refund, which shall be no more than 60 days after the filing of the application; the date by which the refund will be completed; and the means by which the refund is proposed to be made;

(V) if applicable, a reference (by proceeding number, decision number, and date) to any Commission decision requiring the refund or, if the refund is to be made because of receipt of monies by the applying utility under the order of a court or of another state or federal agency, a copy of the order;

(VI) a statement describing in detail the extent to which the applying utility has any financial interest in any other company involved in the refund plan;

(VII) a statement showing accounting entries under GAAP; and

(VIII) a statement that, if the application is granted, the applying utility will file an affidavit establishing that the refund has been made in accordance with the Commission's decision.

4 CCR 723-5-5410

42 CR 07, April 10, 2019, effective 4/30/2019

45 CR 17, September 10, 2022, effective 9/10/2022

45 CR 17, September 10, 2022, effective 9/30/2022