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Oklahoma Administrative Code (Last Updated: March 11, 2021) |
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TITLE 165. Corporation Commission |
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Chapter 70. Minimum Standard Filing Requirements in Support of a Request by a Public Utility Doing Business in Oklahoma for a Proposed General Rate Change |
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Subchapter 9. Streamlined General Rate Change Applications |
SECTION 165:70-9-4. Revenue increase limits and allocation of requested increase
Latest version.
- (a) Revenue increases utilizing the streamlined procedures in this Subchapter are limited to the sum of Paragraphs (1) and (2) herein:(1) General rate changes requested under the streamlined general rate change filing procedures are limited to a ten percent (10%) increase over existing pro forma test year revenues.(2) An allowance of one-half (1/2) of one percent (1%) of test year pro forma revenues, but not to exceed five-thousand dollars ($5,000) annualized expense, will be recognized to cover the total presumed cost of processing a filing made under OAC 165:70-9.(b) All rate increases requested under the streamlined general rate change procedures must be spread on a uniform basis to all customer classes. However, Staff may recommend modification to this allocation basis.