Comments Invited On PUC Procedures For Acquisition Of Publicly-Owned Water, Sewage Systems
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The Public Utility Commission Thursday adopted a Tentative Supplemental Implementation Order that puts forth proposals to further improve procedures for how the PUC examines the acquisition and valuation of municipal and authority-owned water and wastewater systems under Section 1329 of the Public Utility Code. The Commission voted 5-0 to issue proposed revisions for public comment on potential changes to procedures and guidelines for applications seeking rate base valuation treatment under Section 1329 of Chapter 13 of the Pennsylvania Public Utility Code (Code). Signed into law as Act 12 of 2016, Section 1329 addresses the sale of water and wastewater systems owned by municipal corporations or authorities by providing a process for the sale of public water and wastewater assets for at fair market rates. With the benefit of approximately two years’ experience applying Section 1329 to applicable transfers of control under Chapters 11 and 13 of the Code and PUC regulations, the Commission now seeks to create more certainty in the process, improve the quality of valuations and further ensure that the adjudication process is both fair and efficient. The Commission invites interested parties to provide formal comments-- and to offer recommendations for consideration-- on its proposals to improve the processes, evidence and guidelines for Section 1329 applications. Comments are due within 30 days of publication of the Tentative Supplemental Implementation Order in the Pennsylvania Bulletin, with reply comments due 15 days thereafter. Click Here for a copy of the proposed Order. NewsClips: PUC Releases Management Efficiency Investigation Report For Philadelphia Gas Works 1,000 MW Moxie Freedom Natural Gas Power Plant Near Wilkes-Barre Now Online Luzerne County Readies Assessment For New Moxie Freedom Natural Gas Power Plant Penelec Surcharge For Not Shopping For Electric Providers Shut Down By PUC Duquesne Light Seeks To Raise Home Rates By 4%, Give One-Time $25 Credit Philadelphia Gas Works Proposes LNG Venture With Private Partner Fight Over SEPTA’s Natural Gas Generator Continues, Even As Construction Nears Its End Clean Energy Groups Outline Principles For PJM Capacity Market Reform Editorial: California Renewable Power Policy Likely to Become National Model Local UGI Crews Heading To Boston To Assist After Gas Explosions Boston Gas Explosion: It’s Very Hard To Tell Them We Are Homeless Lawsuit Filed Against Columbia Gas Over Boston-Area Explosions U.S. EIA: Carbon Dioxide Emissions From Energy-Related Sources Decreased In 2017 Unplanned Natural Gas Power Plant Outage Drove ISO-NE Labor Day Spike New York PSC Actions Move State Closer To Energy Storage, Climate Goals Editorial: Flood Of Truth From Florence On Saving Coal, Nuclear Plants NJ’s Oyster Creek Nuclear Power Plant Shutdown In Deal To Avoid Building Cooling Towers Interior Rolls Back Methane Pollution Rules For Drilling On U.S. Lands [Posted: Sept. 20, 2018} |
9/24/2018 |
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