This rule applies to wastewater utilities that provide service inside the boundaries of a city. The Commission may allow into rates the costs of a specific capital improvement project in progress if:
- (1) The wastewater utility uses the additional revenues solely for the purpose of completing the capital improvement project;
- (2) The wastewater utility demonstrates that its access to capital is limited and it is in the public interest to provide funding for the capitol improvement through rates; and
- (3) Such costs are approved through tariffs filed with the Commission.
Statutory/Other Authority
ORS 183, 756 & 757
Statutes/Other Implemented
ORS 756.040, 757.355 & Ch. 202 & OL 2003
History
PUC 7-2004, f. & cert. ef. 4-9-04
PUC 24-2003(Temp), f. & cert. ef. 12-10-03 thru 6-7-04