Section 3 AAC 52.840 - Consumer protections(a) The plant improvement surcharge rate for wastewater utilities may not exceed five percent of the amount billed to customers under the otherwise applicable tariff rates. (b) The plant improvement surcharge rate for water utilities may not exceed 7.5 percent of the amount billed to customers under the otherwise applicable tariff rates. (c) The plant improvement surcharge rate must be reset to zero at the effective date of revised base rates set in a general rate case that incorporates the capital costs previously recovered through the plant improvement surcharge. (d) The plant improvement surcharge rate may be reset to zero, or another reduced rate that the commission establishes by order, if the commission, based on annual report data or otherwise, and after notice and an opportunity to be heard, finds that the utility's earned rate of return, including surcharge revenues, exceeds the rate of return used to calculate the surcharge rate.Eff. 6/29/2014, Register 210, July 2014Authority:AS 42.05.141
AS 42.05.151