N.J. Admin. Code § 14:9-10.7 - Carry over between DSIC Foundational Filings
(a) All
carry over costs permitted by this section and included in a DSIC rate shall be
included in the calculation of the DSIC cap.
(b) Notwithstanding
N.J.A.C.
14:9-10.4(d), a
DSIC-eligible project begun, but not in-service within one Foundational Filing
can be considered a valid DSIC project in a subsequent Foundational Filing that
was filed with the Board prior to the resetting of rates within the
Foundational Filing where the DSIC-eligible project began.
(c) Costs of projects, authorized by a Board
Order approving a Foundational Filing and placed in-service by a water utility
between the close of the test year and the effective date of rates in the base
rate case may be recovered in the first normally scheduled semi-annual DSIC
filing under the Board's new Foundational Filing Order and included in the DSIC
cap.
(d) Unrecovered restoration
costs of a project that was placed in-service during one Foundational Filing
may be carried over and recovered in a subsequent Foundational Filing and
included in a timely semi-annual filing, where the restoration costs would
otherwise be within the timeframe set forth in
N.J.A.C.
14:9-10.3(c).
(e) Notwithstanding (a) through (d) above,
if, a water utility has not requested approval of a new Foundational Filing
concurrently with or during the pendency of a base rate case where a prior DSIC
rate was reset to zero pursuant to
N.J.A.C.
14:9-10.6 or, if the Board does not approve
such Foundational Filing, no project or restoration costs undertaken by the
water utility that were not recovered through the resetting of base rates will
be eligible for DSIC recovery and a water utility must seek recovery in a
future base rate case.
Notes
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