Every three years, Park Water Company may file an application with the CPUC requesting to increase customer rates for water service. On January 3, 2012, Park Water Company’s Central Basin Division submitted its proposal to the CPUC requesting authorization to increase rates charged for water service by:
On May 2, 2012, DRA issued its testimony report for Park Water Company’s general rate case. DRA’s report recommends a smaller revenue increase of $4.53 million or 18.3%, comprised of the following key items:
DRA negotiated a reduced revenue requirement of the requested increase from 26.16% to 21.01%, which it filed with the CPUC jointly with Park Water Company.
A CPUC proposed decision is expected in late 2012 or early 2013.
See the proceeding docket.