1. Authority is granted under Public Utilities Code Section 454 to Live Oak Springs Water Company to file an advice letter incorporating the summary of earnings and the revised rate Schedule No.1, Metered Service, attached to this resolution as Appendices A and B, respectively, and concurrently cancel its presently effective rate Schedules Nos. 1, Metered Service, and 2X, Mobile Home Flat Rate Service. The effective date of the revised schedules shall be five days after the date of filing.
2. Live Oak Springs Water Company is authorized to increase its annual revenues by $46,400 or 320% for test year 2006 in two steps: fifty percent ($23,200) in the first twelve months, and the remaining fifty percent ($23,200) in the next twelve months.
3. Live Oak Springs Water Company is authorized to recover $29,912 through a surcharge per meter per month, for a period of twenty four months, as shown in Appendix C, for the delayed recovery of the full amount of the increase.
4. Live Oak Springs Water Company is authorized to file an advice letter twelve months after the effective date of this resolution to incorporate the additional rate increase and the surcharge contained in Appendix C.
5. Live Oak Springs Water Company shall maintain its accounting books in accordance with the Commission's Uniform System of Accounts for Class B, C and D Water Utilities and shall inform the Commission's Water Division that it has done so by December 31, 2006.
6. Live Oak Springs Water Company shall report to the Water Division by January 31, 2007, the description and costs of plant added during 2006.
7. Live Oak Springs Water Company shall file its future annual reports to the Commission regularly as required.
8. Live Oak Springs Water Company shall update the following rules in its tariff book: Preliminary Statement; Rules Nos. 3, Application for Service; 5, Special Information Required on Forms; 7, Deposits; and 10, Disputed Bills; Forms Nos. 2, Customer's Deposit Receipt; and 3, Bill for Service.
9. This resolution is effective today.
I certify that the foregoing resolution was duly introduced, passed, and adopted at a conference of the Public Utilities Commission of the State of California held on November 30, 2006; the following Commissioners voting favorably thereon:
STEVE LARSON
Executive Director
APPENDIX B
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Live Oak Springs Water Company
Year 2006 Rates
Schedule No. 1
METERED SERVICE
APPLICABILITY
Applicable to all metered water service.
TERRITORY
The unincorporated community of Live Oak Springs , San Diego County.
RATES
Quantity Rates:
First 300 cu.ft., per 100 cu.ft. $ 0.89 (I)
Over 300 cu.ft., per 100 cu.ft $ 1.19 (I)
Service Charge: Per Meter
Per Month
For 5/8 x 3/4-inch meter $ 14.55 (I)
For 3/4-inch meter $ 21.82 |
For 1-inch meter $ 36.38 |
For 1-1/2-inch meter $ 72.75 |
For 2-inch meter $ 116.40 (I)
This Service Charge is a readiness-to-serve charge, which is applied to all metered service and to which is added the monthly charge computed at the Quantity Rate.
SPECIAL CONDITIONS
1. All bills are subject to the Reimbursement Fee set forth in Schedule No. UF.
APPENDIX C
Page 1 of 1
Live Oak Springs Water Company
Year 2007 Rates To Be Effective Twelve Months
After The Effective Date of The Year 2006 Rates
Schedule No. 1
METERED SERVICE
APPLICABILITY
Applicable to all metered water service.
TERRITORY
The unincorporated community of Live Oak Springs, San Diego ounty.
RATES
Quantity Rates:
First 300 cu.ft., per 100 cu.ft. $ 1.90 (I)
Over 300 cu.ft., per 100 cu.ft. $ 2.36 (I)
Service Charge: Surcharge Per
Per Meter Meter Per Month
Per Month for 24 months
For 5/8 x 3/4-inch meter $ 20.50 (I) $ 8.06
For 3/4-inch meter $ 30.75 | 12.10
For 1-inch meter $ 51.25 | 20.16
For 1-1/2-inch meter $ 102.50 | 40.33
For 2-inch meter $ 164.00 (I) 64.53
This Service Charge is a readiness-to-serve charge, which is applied to all metered service and to which is added the monthly charge computed at the Quantity Rate.
SPECIAL CONDITIONS
1. All bills are subject to the Reimbursement Fee set forth in Schedule No. UF.
APPENDIX D
Live Oak Springs Water Company
Adopted Quantities
Test Year 2006
Purchased Power $5,222
kWh 38,211
Management Salary $13,000
Water Consumption In Ccf 10,730
Service Connections:
Metered Size
5/8 x 3/4 -inch 0
3/4-inch 96
1-inch 1
1-1/2-inch 0
2-inch 1
Total 98
INCOME TAX CALCULATIONS
Test Year 2006
Operating Revenues $60,887
Operating Expenses $32,471
Depreciation $ 7,831
Taxes Other Than Income (County cross connection fee) $ 749
Income Before Taxes $19,836
State Tax $ 1,753
Federal Tax $ 2,712
Net Income $15,370
APPENDIX E
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Live Oak Springs Water Company
Test Year 2006
COMPARISON OF RATES: First Increase (2006 Rates)
Service Charge: Per Meter
Present First Increase Percent
Rates Rates Increase
For 5/8 x 3/4-inch meter $ 6.50 $ 14.55 124%
For 3/4-inch meter 7.15 21.82 205%
For 1-inch 9.75 36.38 273%
For 1-1/2-inch meter 13.65 72.75 433%
For 2-inch meter 17.55 116.40 563%
Quantity Rate:
First 300 cu.ft., per 100 cu.ft. $0.50 $0.89 78%
Over 300 cu.ft., per 100 cu.ft. $0.60 $1.19 98%
Comparison of a monthly typical bill for residential metered customers with a 3/4 inch is shown below at current rates and recommended rates for test year 2006:
Usage Present Recommended Increase Percent
0 $ 7.15 $ 21.82 $ 14.67 205%
5 9.85 26.87 17.02 173%
9 Avg. 12.25 31.63 19.38 158%
10 12.85 32.82 19.97 155%
15 15.85 38.77 22.92 145%
APPENDIX E
Page 2 of 2
Live Oak Springs Water Company
COMPARISON OF RATES: Second Increase (2007 Rates)
Service Charge: Per Meter
Year 2006 Year 2007 Percent Surcharge
Rates Rates Increase for 24 months
For 5/8 x 3/4-inch meter $ 14.55 $ 20.50 41% $ 8.06
For 3/4-inch meter 21.82 30.75 41% 12.10
For 1-inch 36.38 51.25 41% 20.16
For 1-1/2-inch meter 72.75 102.50 41% 40.33
For 2-inch meter 116.40 164.00 41% 64.53
Quantity Rate:
First 300 cu.ft., per 100 cu.ft. $ 0.89 $ 1.90 113%
Over 300 cu.ft., per 100 cu.ft. $ 1.19 $ 2.36 98%
Comparison of a monthly typical bill for residential metered customers with a 3/4 inch is shown below at current rates and recommended rates for test year 2007:
Without Surcharge
Usage Present Recommended Increase Percent
0 $ 21.82 $ 30.75 $ 8.93 41%
5 26.87 41.17 14.30 53%
9 Avg. 31.63 50.61 18.98 60%
10 32.82 52.97 20.15 53%
15 38.77 64.77 26.00 67%
With Surcharge
Usage Present Recommended Increase Percent
0 $ 21.82 $ 42.85 $ 21.03 96%
5 26.87 53.27 26.40 98%
9 Avg. 31.63 62.71 31.08 98%
10 32.82 65.07 32.25 100%
15 38.77 76.87 38.10 98%