BILL NUMBER: AB 2838 AMENDED BILL TEXT AMENDED IN SENATE AUGUST 5, 2002 AMENDED IN SENATE JUNE 19, 2002 AMENDED IN ASSEMBLY APRIL 1, 2002 INTRODUCED BY Assembly Member Canciamilla FEBRUARY 25, 2002 An act to add Section 455.2 to the Public Utilities Code, relating to public utilities. LEGISLATIVE COUNSEL'S DIGEST AB 2838, as amended, Canciamilla. Water rates. Existing law requires the Public Utilities Commission to establish rates for water corporations. This bill would require the commission to issue a final decision, within a specified timeframe, on a water corporation's application for a general rate increase pursuant to the commission's rate case plan for general rate increase applications. The bill would authorize the applicant to file a tariff implementingnew rates sufficient to recover 75% of the rate increase requested in the applicationinterim rates that may be increased by an amount equal to the rate of inflation as compared to existing rates if the commission decision is not effective in accordance with the specified timeframe. The bill would require the commission to establish a schedule to require every water corporation that is subject to the rate case plan for water corporations to file an application pursuant to the plan every 3 years. The bill would provide that its provisions may be waived at any time by mutual consent of the executive director of the commission and the water corporation. Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no. THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS: SECTION 1. The Legislature finds and declares all of the following: (a) The rate case plan for water corporations adopted by the Public Utilities Commission in Decision No. 90-08-045 has not been updated or revised to reflect statutes adopted since its promulgation in 1990. (b) It is in the public's interest to provide a certain but flexible schedule for investigating and addressing rate changes proposed by water corporations. (c) Not later than December 31, 2003, the commission should review and revise, as appropriate, the rate case plan for water corporations adopted by Decision No. 90-08-045 to ensure its consistency with relevant statutes and commission practice in addressing rate applications by water corporations. (d) Whenever a water corporation files an application for a rate change pursuant to the rate case plan for water corporations, the commission should render a decision consistent with the schedule established in the plan. (e) The provisions of this act should not be construed as precedent for any other utility. SEC. 2. Section 455.2 is added to the Public Utilities Code, to read: 455.2. (a) The commission shall issue its final decision on awater corporation's general rate case application in a manner thatgeneral rate case application of a water corporation with greater than 10,000 service connections in a manner that ensures that the commission's decision becomes effective on the first day of the first test year in the general rate increaseapplication for applicants filing in January, or on the first day of June of the first test year in the general rate increase application for applicants filing in July.application. (b) If the commission's decision is not effective in accordance with subdivision (a), the applicant may file a tariff implementingnew rates sufficient to recover 75 percent of any increase in revenue requirement requested in its application. Any recovery of additional revenue requirement shall be subject to refund to the extent that it is inconsistent with the final decision of the commission. (c) The rate schedules for a water corporation that files a tariff pursuant to subdivision (b) shall become effective on the first day of the first test year in the general rate increase application for applicants filing in January, or on the first day of June of the first test year in the general rate increase application for applicants filing in July. (d)interim rates that may be increased by an amount equal to the rate of inflation as compared to existing rates. The interim rates shall be effective on the first day of the first test year in the general rate case application. These interim rates shall be subject to refund and shall be adjusted upward or downward back to the interim rate effective date, consistent with the final rates adopted by the commission. The commission may authorize lower interim rates if the commission finds the rates to be in the public interest. If the presiding officer in the case determines that the commission's decision cannot become effective on the first day of the first test year due to actions by the water corporation, the presiding officer or commission may require a different effective date for the interim rates or final rates. (c) The commission shall establish a schedule to require every water corporation subject to the rate case plan for water corporations to file an application pursuant to the plan every three years. The plan shall include a provision to allow the filing requirement to be waived upon mutual agreement of the commission and the water corporation.(e) The requirements of this section may be waived at any time by mutual consent of the commission and the water corporation.(d) The requirements of subdivisions (a) and (b) may be waived at any time by mutual consent of the executive director of the commission and the water corporation.