Okla. Admin. Code § 165:70-9-4

Current through Vol. 42, No. 7, December 16, 2024

Section 165:70-9-4 - Revenue increase limits and allocation of requested increase

(a) Revenue increases utilizing the streamlined procedures in this Subchapter are limited to the sum of Paragraphs (1) and (2) herein:

(1) General rate changes requested under the streamlined general rate change filing procedures are limited to a ten percent (10%) increase over existing pro forma test year revenues.

(2) An allowance of one-half (1/2) of one percent (1%) of test year pro forma revenues, but not to exceed five-thousand dollars ($5,000) annualized expense, will be recognized to cover the total presumed cost of processing a filing made under OAC 165:70-9.

(b) All rate increases requested under the streamlined general rate change procedures must be spread on a uniform basis to all customer classes. However, Staff may recommend modification to this allocation basis.

Okla. Admin. Code § 165:70-9-4

Added at 15 Ok Reg 3143, eff 7-15-98