ALJ/BDP/sid DRAFT Item 1
3/27/2001
Decision PROPOSED DECISION OF ALJ PATRICK (Mailed 2/22/2001)
BEFORE THE PUBLIC UTILITIES COMMISSION OF THE STATE OF CALIFORNIA
In the Matter of the Application of Park Water Company (U 314 W) for Authority to Increase Rates in its Central Basin Division as authorized By NOI 00-01-045. |
Application 00-03-022 (Filed March 13, 2000) |
Fulbright & Jaworski, L.L.P., by David A. Ebershoff,
Attorney at Law, and Leigh K. Jordan, Chief
Operating Officer, for Park Water Company,
applicant.
Peter G. Fairchild, Attorney at Law, for the Legal Division
and Daniel R. Paige, for the Water Division.
I. Summary
The Commission adopts a Settlement entered into by Park Water Company (Park) and the Ratepayer Representation Branch (RRB) of the Water Division. The Settlement resolves all issues between Park and RRB. Pursuant to the Settlement, Park is authorized to increase its rates by amounts designed to increase revenue by $1,334,000 (8.7%) for 2001; $560,300 (3.4%) for 2002; and $583,200 (3.4%) for 2003. The monthly bill for the average residential customer using 1,300 cubic feet per month of water would increase by $3.07 or 8.7%, from $35.27 to $38.33 in 2001.
The rates of return on rate base authorized by this decision are 9.65% for 2001 and 9.64% for 2002 and 2003.
