Resulting Rates Clause Samples

Resulting Rates. The Step II Settling Parties agree and recommend that the Commission approve maintaining a similar rate design after implementation of Step II as was approved for permanent rates by Order No. 26,635, including customer charges based on pipe size, volumetric charges, and private fire protection charges based on pipe size. The Step II Settling Parties further agree and recommend the Commission approve, as just and reasonable, the rates contained in the following table, which are based on the proposed increase in the Company’s annual revenue requirement after implementation of Step II. The Step II Settling Parties agree that the proposed rates, shown in the following table, are based upon a monthly rate and a consumption charge per ccf of water consumed. The Step II Settling Parties also agree that the table on the following page shows the Proposed Step II Rates as compared to the approved Step I Rates in DW 20-117. The Step II Settling Parties further agree that the proposed Step II rates presented in the following table are consistent with the Settlement Agreement on Permanent Rates approved by the Commission in Order No. 26,635. See Tab 113 (Settlement Agreement on Permanent Rates) and Tab 135 (Order No. 26,635) (July 20, 2022). The Step II Settling Parties, furthermore, note that only the meter and consumption charges will be adjusted due to the Step II increase to the Company’s revenue requirement and that both the municipal/public and private fire protection rates will not be adjusted, as was previously agreed to by the Settling Parties with regard to the Company’s Step I rates. STEP II Rate Group Step I Rate Proposed Step II Rate Incremental Rate (Step I to Step II) Percentage Change from Step I 5/8 inch meter $12.89 $14.24 $1.35 10.5% 3/4 inch meter $30.15 $33.30 $3.15 10.4% 1 inch meter $58.91 $65.07 $6.16 10.5% 1 ½ inch meter $116.42 $128.61 $12.19 10.5% 2 inch meter $150.93 $166.73 $15.80 10.5% Consumption Charge (per ccf) $7.72 $8.41 $0.69 8.9% Per hydrant3 $1,185.00 $1,185.00 $0.00 0.00% 1 ½ inch pipe $2.49 $2.49 $0.00 0% 2 inch pipe $5.31 $5.31 $0.00 0% 3 inch pipe $15.43 $15.43 $0.00 0% 4 inch pipe $32.87 $32.87 $0.00 0% 6 inch pipe $95.49 $95.49 $0.00 0% See Attachment C, Cost of Service Study Schedules.