Pennsylvania Code & Bulletin
COMMONWEALTH OF PENNSYLVANIA

• No statutes or acts will be found at this website.

The Pennsylvania Code website reflects the Pennsylvania Code changes effective through 52 Pa.B. 4384 (July 30, 2022).

52 Pa. Code § 69.2702. Background and ratemaking elements.

§ 69.2702. Background and ratemaking elements.

 (a)  The act brought city owned natural gas operations, including PGW, under the Commission’s jurisdiction. See 66 Pa.C.S. §  2212(b) (relating to Commission jurisdiction).

 (b)  The Commission is obligated under law to use the cash flow methodology to determine PGW’s just and reasonable rates. Included in that requirement is the subsidiary obligation to provide revenue allowances from rates adequate to cover its reasonable and prudent operating expenses, depreciation allowances and debt service, as well as sufficient margins to meet bond coverage requirements and other internally generated funds over and above its bond coverage requirements, as the Commission deems appropriate and in the public interest for purposes such as capital improvements, retirement of debt and working capital.

Source

   The provisions of this §  69.2702 adopted May 21, 2010, effective May 22, 2010, 40 Pa.B. 2668.

Cross References

   This section cited in 52 Pa. Code §  69.2701 (relating to definitions).



No part of the information on this site may be reproduced for profit or sold for profit.


This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.