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Rate Case Process Basic Guide
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determined and describes the process Questar filings generally are independent of rate cases. GUIDe to UtILItY RAteMAKInG 5. Purchased-Gas Adjustments Rate Case Process. Utilities under the Commission’s jurisdiction must receive Commission approval to modify or establish new rates and charges. Once a utility files a petition with the Commission, it initiates the rate case process shown below. Rate cases typically take 10 to 12 months from the initial filing of the petition to the date of the IURC's decision. Rate case process When a utility company files an application for a rate increase with the PUCO, it must include the rationale for the requested increase. It must also propose the classes of customers that will pay for the increase. IV. RATE-SETTING PROCESS Major investor-owned utilities in California must seek approval from the Commission through a General Rate Case (GRC) application to change their rates. The GRC application is filed with the Commission and is available for the public to review on the Commission’s website. Once you identify the actors and the top level use case you have a basic Business Process Modeling Tutorial (BPM Guide use case diagram for online tour guide These are amounts included in the cost-of-service to allow the pipeline to recover federal and state income taxes. Income taxes are assessed on the equity portion of the return allowance. The current federal income tax rate is 35% of taxable income. State tax rates vary by state, but usually fall between 4% and 8%. Tariff Development : REVIEW of The Basic Ratemaking Process Intervenor group files petition to initiate a rate case 5. Basic Purpose of the Ratemaking How do rate cases work? Rate cases before the Indiana Utility Regulatory Commission (OUCC) represents consumer interests. A rate case often involves hundreds Consulting Case Interview Preparation Guide Marquis, • This may seem basic, • Structuring the case problem well and executing on process. Process capability is the long Process Capability and Defect Rate : Using process capability indices it is Case 1: Cpk > 1.33 (A Highly Capable Process)