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Samples in periodicals archive:
9 million, which also allows for a one time recovery of rate case expenses of U.
Areas in which the Commission made cuts to the company proposal were cash working capital, pension asset, accumulated deferred income taxes, rate case expense, test year sales volumes and operations and maintenance expenses.
The increase included the second quarter write-off of disallowed rate case expenses and higher employee related expenses that were partially offset by lower power generating unit maintenance and overhead costs.
The ALJs also allowed Cap Rock to recover most of its rate case expenses, over three million dollars, and allowed the City of Greenville to recover all of its rate case expenses.
payroll and employee benefit expense of $183,000 primarily as a result of increased medical insurance premiums; -- repair and maintenance expense of $144,000; -- rate case expense associated with the accelerated amortization of the 2002 rate application expenditures of $96,000 upon filing a new rate application in 2004; -- costs associated with the regulatory processing of CPCN applications in Pennsylvania of $77,000; -- consulting expenses of $70,000 incurred by the PSC but required to be reimbursed by Artesian in connection with the review of supply conditions during 2002; -- property and liability insurance expense of $41,000; -- training primarily associated with the recently purchased software systems of $34,000; -- engineering services for our wastewater subsidiaries of $61,000.
Taylor, CEO and Chair of the Board said, "DSIC should benefit both the Company and customers by reducing future rate case expense.
The decrease in earnings is attributable to the need for rate relief and a non-recurring rate case expense write-off taken in the second quarter of 1999," said David B.
The $19 million net annual revenue reduction also reflects earlier PUCT decisions to allow CPL to increase its miscellaneous service charges by approximately $5 million and to collect a three-year surcharge of $2 million annually to recover rate case expenses.