Section 16-1-55 - Requirements for medium utility companiesIn addition to the requirements stated in section 16-1-54 of the Regulations of Connecticut State Agencies, each rate application, as defined in section 16-1-53, that is filed by a utility company with revenues in excess of one hundred thousand dollars but less than fifty million dollars, or less than fifty thousand customers, shall contain the following data, either in the statement of application or as exhibits annexed thereto and accompanying the application:
(a) A statement of financial operations for the last four (4) calendar years, the test year, and the pro forma year at present and proposed rates.(b) Balance sheet for the test year, for the prior three years, and a pro forma year.(c) Schedule of existing rates and of actual revenues and number of customers by rates and by class for the test year and pro forma at the present and at the proposed rates.(d) Statement of the proposed increases or changes which will result in adjustments, which rate applicant requests authority to make effective. Such statement shall set forth the proposed rate structure with reasonable clarity and with appropriate rate classifications where applicable, including bill comparisons between old and new rates.(e) Detailed statement of annualization of revenues by class of customers served by rate applicant at the end of the test year. This will also include the number of customers by class. In the case of water companies this statement will further include the number of hydrants or other items of private fire protection. Where applicable, detail of adjustments to revenues and expenses for degree day data will be included in this statement.(f) Schedule of utility plant additions for the past three years and for the test year. The schedule shall clearly indicate which plant additions are currently being employed in furnishing utility service to the customers of the rate applicant on the date of the rate application.(g) Actual and pro forma expense adjustments with supporting detail set forth by the accounts affected. Such adjustments shall be supported by competent evidence and shall not include estimates based on speculative or conjectural data.(h) Comparative schedule of operation and maintenance expenses, classified as per utility's chart of accounts for the test year and the prior four years.(i) Detailed statement of rate case expense.(j) Rate base and rate of return for the prior four years, the test year, and the pro forma year at present and proposed rates.(k) Federal income tax calculation for the rate applicant for the test year and for the pro forma year, computed at the present and at the proposed rates.(l) Calculation of state taxes based on income for the test year and for the pro forma year, computed at both the present and the proposed rates.(m) Schedule showing claimed property taxes computed at both the present and the proposed tax rates for the test year and for the pro forma year.Conn. Agencies Regs. § 16-1-55
Effective December 21, 1971; Amended September 30, 1997