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PSC 111.55 History History: Cr. Register, June, 2000, No. 534, eff. 7-1-00; CR 07-044: am. (10) (intro.), cr. (10) (q) Register May 2008 No. 629, eff. 6-1-08.
PSC 111.56 PSC 111.56Expedited review. An applicant requesting expedited review of a high voltage transmission line application under s. 196.491 (3b), Stats., shall include all of the following in its application:
PSC 111.56(1) (1) All the information required under s. PSC 111.55, except that the detailed information required under s. PSC 111.55 (10) is required only for the route the applicant proposes to construct.
PSC 111.56(2) (2) Information and documentation describing in detail why the application should receive expedited review.
PSC 111.56 History History: CR 07-044: cr. Register May 2008 No. 629, eff. 6-1-08.
subch. VII of ch. PSC 111 Subchapter VII — Fixed Financial Parameter Applications
PSC 111.61 PSC 111.61Purpose. The purpose of this subchapter is to implement s. 196.371, Stats.
PSC 111.61 History History: CR 05-079: cr. Register May 2006 No. 605, eff. 6-1-06.
PSC 111.62 PSC 111.62Applicability.
PSC 111.62(1) (1) A public utility may apply for an order fixing financial parameters under s. 196.371, Stats.
PSC 111.62(2) (2) An electric generating facility proposed to be constructed by a public utility cannot qualify for fixed financial parameters unless the public utility submits an application for fixed financial parameters before or simultaneously with the application for a certificate, as defined in s. 196.371 (1), Stats.
PSC 111.62(3) (3) An electric generating facility proposed to be purchased by a public utility cannot qualify for fixed financial parameters unless the public utility submits an application for fixed financial parameters before or simultaneously with the application for authority to purchase the electric generating facility.
PSC 111.62 History History: CR 05-079: cr. Register May 2006 No. 605, eff. 6-1-06.
PSC 111.63 PSC 111.63Information required. A public utility desiring fixed financial parameters shall provide all of the following information in its application:
PSC 111.63(1) (1) The economic useful life of the facility, including technology type and commercial operation date.
PSC 111.63(2) (2) The proposed return on equity and rate of return for the facility, including supporting materials such as relevant studies or testimony.
PSC 111.63(3) (3) The proposed capital structure and financing mechanism for the facility.
PSC 111.63(4) (4) The capital cost of the facility. For a purchased facility, the capital costs shall include the purchase price and the cost of any modifications or improvements to the facility that are necessary at time of the purchase.
PSC 111.63(5) (5) The proposed method for determining the costs that may be recovered in rates.
PSC 111.63(6) (6) Any other proposals or information regarding the recovery of the costs that the public utility determines are necessary for providing certainty to the public utility, investors and ratepayers in future rate-making proceedings.
PSC 111.63(7) (7) The cost of debt plus issuance costs, and related credit ratings for any short-term or long-term project financing which may already have occurred.
PSC 111.63(8) (8) Any other information that may be required by the commission.
PSC 111.63 History History: CR 05-079: cr. Register May 2006 No. 605, eff. 6-1-06.
PSC 111.64 PSC 111.64Procedure. The hearing on an application for fixed financial parameters shall be held in conjunction with the review of the application for a certificate, as defined in s. 196.371 (1), Stats., and, if applicable, in conjunction with any affiliated interest approval.
PSC 111.64 History History: CR 05-079: cr. Register May 2006 No. 605, eff. 6-1-06.
PSC 111.65 PSC 111.65Order. The commission may issue an order authorizing fixed financial parameters if the commission determines that the order will provide a sufficient degree of certainty to the public utility, investors, and ratepayers with respect to future recovery of the facility's capital costs and that the order is otherwise in the public interest. In making the determination, the commission shall consider the return on equity, rate of return and capital structure appropriate to maintain the financial integrity of the public utility and shall consider the total cost of the proposed financing mechanism, compared to alternative financing options.
PSC 111.65 History History: CR 05-079: cr. Register May 2006 No. 605, eff. 6-1-06.
subch. VIII of ch. PSC 111 Subchapter VIII — Pre-Construction Notices
PSC 111.71 PSC 111.71Notification of additional work areas. After the commission has issued a CPCN under s. 196.491, Stats., the applicant shall, before establishing any lay down area, staging area or access route that was not identified and described in the project application, notify the commission of the location of the lay down area, staging area or access route, and demonstrate that the use of the lay down area, staging area or access route will not affect any threatened or endangered species, historic resources, wetlands, waterways or other sensitive resources.
PSC 111.71 History History: CR 07-044: cr. Register May 2008 No. 629, eff. 6-1-08.
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Published under s. 35.93, Stats. Updated on the first day of each month. Entire code is always current. The Register date on each page is the date the chapter was last published.