24498240, 25-7.0143 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 24498240

Notice of Proposed Rule

Department:

PUBLIC SERVICE COMMISSION

Chapter:

GAS SERVICE BY GAS PUBLIC UTILITIES

Overview

RULE:

25-7.0143

Use of Accumulated Provision Accounts 228.1, 228.2, and 228.4

PURPOSE:

To create a rule to provide a standard for the application of Accumulated Provision Accounts 228.1, 228.2, and 228.4 for natural gas utilities.
Docket No. 20210062-OT

SUMMARY:

Rule 25-7.0143 provides requirements for the application of Accumulated Provision Accounts 228.1, 228.2, and 228.4, specifically as the accounts apply to storm-related damages. The rule includes requirements for accounting for losses through accident, fire, flood, storms, and similar type hazards to the utility’s own property or property leased from others, which is not covered by insurance. The rule also requires a utility to notify the Commission Clerk in writing for each incident expected to exceed 1.5 percent of jurisdictional revenues for the most recent calendar year. The rule provides several categories of accounts, including contract labor and payroll expenses, fuel costs for both company and contractor vehicles used in storm restoration activities, and the vegetation management costs that are specifically related to storm restoration activities for the gas utilities. For all of these cost categories, the rule requires that the costs must be greater than the actual monthly average of costs charged to the operation and maintenance expense for the same month in the three previous calendar years, and each adjustment must be accompanied by a detailed explanation of the nature of the adjustment.

RULEMAKING AUTHORITY:

366.05, F.S.

LAW:

366.04(2)(a), F.S.

PRINT PUBLISH DATE:

5/5/2021 Vol. 47/87

COMMENTS:

From 5/5/2021 To 5/26/2021 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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