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Agenda for <br />Commission Conference <br />August 6, 2019 <br />ITEM NO. CASE <br />5**PAA Docket No. 20180218 -SU — Application for staff -assisted rate case in Brevard County by <br />TKCB, Inc. <br />(Continued from previous page) <br />Issue 8: What is the appropriate revenue requirement for TKCB, Inc.? <br />Recommendation: The appropriate revenue requirement is $94,728 resulting in an <br />annual increase of $11,044 (13.20 percent). <br />Issue 9: What are the appropriate wastewater rates for TKCB, Inc.? <br />Recommendation: The recommended monthly wastewater rates, as shown on Schedule <br />No. 4 attached to staff's memorandum dated July 25, 2019, are reasonable and should be <br />approved. The Utility should file revised tariff sheets and a proposed customer notice to <br />reflect the Commission -approved rates. The approved rates should be effective for <br />service rendered on or after the stamped approval date on the tariff sheets pursuant to <br />Rule 25-30.475(1), F.A.C. The approved rates should not be implemented until staff has <br />approved the proposed customer notice and the notice has been received by customers. <br />The Utility should provide proof of the date notice was given within 10 days of the date <br />of the notice. <br />Issue 10: What is the appropriate amount by which rates should be reduced after the <br />published effective date to reflect the removal of the amortized rate case expense as <br />required by Section 367.081(8) F.S.? <br />Recommendation: The rates should be reduced as shown on Schedule No. 4 attached to <br />staff's memorandum dated July 25, 2019, to remove rate case expense grossed -up for <br />RAFs and amortized over a four-year period. The decrease in rates should become <br />effective immediately following the expiration of the rate case expense recovery period, <br />pursuant to Section 367.081(8), F.S. TKCB should be required to file revised tariffs and a <br />proposed customer notice setting forth the lower rates and the reason for the reduction no <br />later than one month prior to the actual date of the required rate reduction. If the Utility <br />files this reduction in conjunction with a price index or pass-through rate adjustment, <br />separate data should be filed for the price index and/or pass-through increase or decrease <br />and the reduction in the rates due to the amortized rate case expense. <br />2,2 <br />