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Agenda for <br />Commission Conference <br />August 6, 2019 <br />ITEM NO. CASE <br />13**PAA Docket No. 20180013-PU — Petition to establish a generic docket to investigate and <br />adjust rates for 2018 tax savings, by Office of Public Counsel. <br />Critical Date(s): None <br />Commissioners Assigned: Clark, Brown, Graham <br />Prehearing Officer: Clark <br />Staff: AFD: Cicchetti <br />GCL: Brownless <br />Issue 1: What is the appropriate disposition of the tax impacts resulting from the passage <br />of the TCJA for WAW utilities that have income taxes included in their revenue <br />requirement? <br />Recommendation: Of the 13 WAW utilities that have income taxes included in their <br />revenue requirement and have filed their 2018 annual report, none are earning above their <br />allowed rate of return range. No adjustments to base rates are necessary regarding the tax <br />impacts resulting from the passage of the TCJA for these WAW utilities. <br />Issue 2: Should this docket be closed? <br />Recommendation: Yes. Upon expiration of the protest period, if a timely protest is not <br />received from a substantially affected person, the decision should become final and <br />effective upon issuance of the Consummating Order and this docket should be closed and <br />separate dockets opened to address the tax impacts associated with the passage of the <br />TCJA for Gold Coast Utility Corporation and St. James Island. <br />-19- <br />