Current through Register Vol. 54, No. 24, June 15, 2024
Section 65.22 - Customer advance financing, refunds and facilities on private property(a) If a customer advance is required from a bona fide service applicant for service from a company with gross annual receipts of $10 million or more and the bona fide applicant is unable to advance the entire amount due, the utility shall do one of the following: (1) Allow the applicant to pay the advance over a period of not less than 3 years, with the utility recovering financing costs equal to the utility's weighted cost of long term debt. The utility may require the applicant to deposit up to one-third of the total customer advance prior to extending service.(2) Provide information to the customer on financial institutions that may offer financing to the customer for the line extension.(b) When a customer advance is required of a service applicant and an additional customer or customers attach service lines to the main extension within 10 years, the utility shall refund a portion of the advance to the customer in accordance with the utility's currently effective tariff. Deposits made for additional facilities other than the main extension, such as booster pumps, storage tanks and the like, are contributions in aid of construction and need not be refunded.(c) A utility shall require a customer to pay, in advance, a reasonable charge for service lines and equipment installed on private property for the exclusive use of the customer.The provisions of this § 65.22 adopted February 14, 1997, effective 2/15/1997, 27 Pa.B. 799.The provisions of this § 65.22 issued under the Public Utility Code, 66 Pa.C.S. § § 501, 504-506, 1301 and 1501.