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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 20. Public Utilities and Telecommunications |
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Agency 5. State Corporation Commission |
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Chapter 201. Rules Governing Utility Rate Applications and Annual Informational Filings |
Section 50. Biennial review applications
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A. A biennial review application filed pursuant to § 56-585.1 of the Code of Virginia shall include the following:
1. Exhibits consisting of Schedules 3, 6-7, 9-18, 40a and 44 as identified in 20VAC5-201-90 shall be submitted with the utility's direct testimony for each of the two successive 12-month test periods.
2. Exhibits consisting of Schedules 1-2, 4-5, 8, 19-34, 36-39, 40b-d, 41-43, 45, and 47 as identified in 20VAC5-201-90, shall be submitted with the utility's direct testimony for the second of the two successive 12-month test periods.
3. An exhibit consisting of Schedule 35 shall be filed with the commission no later than April 30 each year.
4. An exhibit consisting of Schedule 49 shall be submitted with the utility's direct testimony, if required.
5. An exhibit consisting of additional schedules may be submitted with the utility's direct testimony. Such exhibit shall be identified as Schedule 50 (this exhibit may include subschedules as needed labeled 50A et seq.).
6. A reconciliation of Schedules 19 and 22 to the statement of income and comparative balance sheet contained in FERC Form No. 1.
B. The assumed rate year for purposes of determining ratemaking adjustment in Schedules 21 and 24, as identified in 20VAC5-201-90, shall begin on December 1 of the year following the two successive 12-month test periods.
Historical Notes
Derived from Volume 25, Issue 09, eff. January 1, 2009; amended, Virginia Register Volume 29, Issue 12, eff. February 1, 2013.