28146604, 25-30.0372 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 28146604

Notice of Proposed Rule

Department:

PUBLIC SERVICE COMMISSION

Chapter:

WATER AND WASTEWATER UTILITY RULES

Overview

RULE:

25-30.0372

Alternative Procedure for Establishing Rate Base Value of Acquired Utility System

PURPOSE:

Docket 20230123-WS
To implement newly enacted Section 367.0811, F.S., which was passed by the Florida Legislature in the 2023 session. Section 367.0811, F.S. creates an alterative procedure to establish the rate base value of an acquired water and/or wastewater utility system

SUMMARY:

Rule 25-30.0372, F.A.C., is a new rule to implement Section 367.0811, F.S., which was adopted by the Florida legislature in 2023. The rule clarifies ambiguous terms in the statute and sets forth the procedures for handling the petition to establish the rate base value before the Commission. The rule also contains general filing instructions and notice requirements to provide due process and assist in the efficient implementation of the statute. The rule incorporates a new form (PSC 1035 03/24) to reflect information required by the statute regarding the 5-year projected rate impact

RULEMAKING AUTHORITY:

367.0811(11), F.S.

LAW:

367.0811, F.S.

PRINT PUBLISH DATE:

3/13/2024 Vol. 50/51

COMMENTS:

From 3/13/2024 To 4/3/2024 (21 Days)
The public comment period for this notice has already expired.

REFERENCE MATERIALS:

No reference(s).

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