1. (a) A local service rate adjustment allowed under 3 AAC 53.010 - 3 AAC 53.100 may not exceed a six percent increase in any 12-month period or a cumulative 15 percent increase in a three-year period. For a cost company, the allowed adjustments exclude adjustments for changes in jurisdictional cost allocation factors processed under 3 AAC 53.110 - 3 AAC 53.130.
2. (b) For good cause shown, the commission will, in its discretion, revoke or deny a local exchange carrier's permission to use simplified rate filing procedures or its authority to adjust rates under the procedures in 3 AAC 53.030 - 3 AAC 53.100.
3. (c) A local exchange carrier that uses the procedures of 3 AAC 53.010 - 3 AAC 53.140 is not precluded from filing a general rate case under 3 AAC 43.275(a).

(Eff. 4/8/93, Register 126)

Authority: AS 42.05.141, AS 42.05.381, AS 42.05.421, AS 42.05.151, AS 42.05.411, AS 42.05.431