James Hunter

Sunday, June 24, 2012

DIVISION OF RATEPAYER ADVOCATES, CPUC, SJWC Water Rate Increase Recommedations

The DRA (Division of Ratepayer Advocates) issued a report, "Report on the RESULTS OF OPERATIONS OF SAN JOSE WATER COMPANY". The report analyzes the proposed rate increase by the San Jose Water Company and it's recommendations are generally very different.



The annual rate increases are compared, the actual table is on page 1 of the DRA Report, Executive Summary.


The complete report may also be downloaded as an Adobe Acrobat PDF. Reference Docket:A.12-01-003, Exhibit Number DRA -001.


CPUC, Division of Ratepayer Advocates Report on Proposed SJWC Water Rate Increase, April 30, 2012.


Additionally interested readers should be aware on page 1-1 the assumed ROR (Rate of Return) is 8.38%, far higher than current financing rates, prime rate, inflation rate, etc.


The following document is available, ASSIGNED COMMISSIONER’S SCOPING MEMO AND RULING.


The original request by San Jose Water Company for the "APPLICATION OF SAN JOSE WATER COMPANY FOR AUTHORITY TO INCREASE RATES FOR WATER SERVICE".



Item (32), page 14


"Applicant requests that the Commission authorize Applicant to establish a
Water Revenue Adjustment Mechanism (WRAM) and a Modified Cost Balancing Account (MCBA) as described in Exhibit E, Chapter 19."

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