31150403, 25-7.040 - Florida Administrative Rules, Law, Code, Register

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Florida Department of State and Division of Library and Information Services

Notice: 31150403

Notice of Proposed Rule

Department:

PUBLIC SERVICE COMMISSION

Chapter:

GAS SERVICE BY GAS PUBLIC UTILITIES

Overview

RULE:

25-7.040	Interim Rate Relief
25-7.091	Refunds

PURPOSE:

To update and clarify the rules following the statutory rule review mandated by Section 120.5435, Florida Statutes.
Docket No.: 20260036-OT

SUMMARY:

These rules are being amended to make them more readable, reflect current practice, remove obsolete references, and update the rules to reflect current, widely accepted accounting guidelines. The proposed amendments to Rules 25-7.040 and 25-7.091, F.A.C., reflect use of the AA non-financial 30-day commercial paper rate published by the Board of Governors of the Federal Reserve System, rather than the rate for high-grade, unsecured note as published in the Wall Street Journal. The Wall Street Journal has not reliably published the 30-day AA non-financial commercial paper rate since September 2011. The Board of Governors of the Federal Reserve System publishes the 30-day AA non-financial commercial paper rate every business day (if there is sufficient trading data) and is more reliable. Additionally, in Rule 25-7.040, the way the equations are displayed is amended to make them be more readable.

RULEMAKING AUTHORITY:

350.127(2), 366.05(1), 366.071, F.S.

LAW:

366.06(3), 366.071, F.S.

PRINT PUBLISH DATE:

7/24/2026 Vol. 52/143

COMMENTS:

From 7/24/2026 To 8/14/2026 (21 Days)

REFERENCE MATERIALS:

No reference(s).

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