N.J. Admin. Code § 14:9-10.7

Current through Register Vol. 56, No. 24, December 18, 2024

Section 14:9-10.7 - Carry over between DSIC Foundational Filings

(a) All carry over costs permitted by this section and included in a DSIC rate shall be included in the calculation of the DSIC cap.

(b) Notwithstanding N.J.A.C. 14:9-10.4(d), a DSIC-eligible project begun, but not in-service within one Foundational Filing can be considered a valid DSIC project in a subsequent Foundational Filing that was filed with the Board prior to the resetting of rates within the Foundational Filing where the DSIC-eligible project began.

(c) Costs of projects, authorized by a Board Order approving a Foundational Filing and placed in-service by a water utility between the close of the test year and the effective date of rates in the base rate case may be recovered in the first normally scheduled semi-annual DSIC filing under the Board's new Foundational Filing Order and included in the DSIC cap.

(d) Unrecovered restoration costs of a project that was placed in-service during one Foundational Filing may be carried over and recovered in a subsequent Foundational Filing and included in a timely semi-annual filing, where the restoration costs would otherwise be within the timeframe set forth in N.J.A.C. 14:9-10.3(c).

(e) Notwithstanding (a) through (d) above, if, a water utility has not requested approval of a new Foundational Filing concurrently with or during the pendency of a base rate case where a prior DSIC rate was reset to zero pursuant to N.J.A.C. 14:9-10.6 or, if the Board does not approve such Foundational Filing, no project or restoration costs undertaken by the water utility that were not recovered through the resetting of base rates will be eligible for DSIC recovery and a water utility must seek recovery in a future base rate case.

N.J. Admin. Code § 14:9-10.7

Adopted by 49 N.J.R. 2542(a), effective 8/7/2017