Chapter 090 |
2017 -- S 0551 Enacted 06/29/2017 |
A N A C T |
RELATING TO PUBLIC UTILITIES AND CARRIERS - PUBLIC UTILITIES COMMISSION |
Introduced By: Senators Ciccone, Lombardi, P Fogarty, McCaffrey, and DaPonte |
Date Introduced: March 15, 2017 |
It is enacted by the General Assembly as follows: |
SECTION 1. Section 39-1-26 of the General Laws in Chapter 39-1 entitled "Public |
Utilities Commission" is hereby amended to read as follows: |
39-1-26. Public utilities reserve fund created -- Appropriations -- Recovery of |
expenses from utility companies. |
(a) There is hereby created a fund to be known as the public utilities reserve account, an |
account within the public utilities commission in the general fund. Such account, hereinafter |
referred to as the "fund", shall be used for the purpose of providing the financial means for the |
commission and division to purchase materials, and to employ on a contract or other basis, legal |
counsel, official stenographers, engineers, accountants, economists, and other expert witnesses, |
and for other necessary expenses of the commission and division in investigations and hearings |
related to applications and filings made by public utilities, or commission- or division-initiated |
investigations into utility operating practices, or related appeals to state or federal courts or in |
relevant regulatory matters before federal agencies. The general assembly shall annually |
appropriate to the fund a sum equal to twenty-five one thousandths of one percent (.00025%) of |
the gross, annual operating revenues of gas, electric, and telephone companies attributable to their |
conduct of intrastate operations in this state during the year next preceding; provided, however, |
that if at June 30, in any year the balance in the fund shall be in excess of one hundred thousand |
dollars ($100,000), the amount of the excess shall forthwith be transferred to the general fund of |
the state. Prebilled revenue shall be excluded from an excess balance to be transferred to the |
general fund. The state controller is authorized and directed to draw his or her orders upon the |
general treasurer for the payment from the fund of such sums as may be required from time to |
time upon receipt by him or her of proper vouchers approved by the administrator. |
(b) The public utility making an application or filing to the commission or division, or |
subject to a commission- or division-initiated investigation, or any public utility distributing |
electricity or gas whose retail rates would be affected by a proceeding filing made by the |
administrator or a federally regulated electric or gas company before an agency of the federal |
government or a federal court, shall be charged with and shall pay a portion of the expenses |
reasonably so incurred by the commission and by the division for the purchase of materials and |
for the employment of legal counsel, official stenographers, engineers, accountants, and expert |
witnesses, and for travel and other necessary expenses as are reasonably attributable to the |
investigation or the hearing of the proposal by the commission and the division, or to the |
administrator's representation of the state before the federal or state courts or an agency of the |
federal government. The administrator or the commission chairperson, as appropriate, shall |
ascertain the expenses and shall determine the amount to be paid by the public utility company or |
companies, and bills shall be rendered therefor either at the conclusion of the investigation or |
hearing, or from time to time during its progress, and the amount of each bill so rendered shall be |
paid by the public utility to the administrator or the commission, as appropriate, within thirty (30) |
days from the date of its rendition unless, within the thirty-(30) day (30) time period, the public |
utility so billed shall request an opportunity to be heard by the commission as to the amount |
thereof. The commission shall comply with any such request. Any amount of the bill not paid |
within thirty (30) days from the date of service of the determination upon the hearing, or, if none |
shall be requested, within thirty (30) days from the date of rendition of the bill, shall draw interest |
at the rate of twelve percent (12%) per annum. At the discretion of the administrator, or the |
commission chairperson, as appropriate, utility companies may be prebilled for contractual |
services utilized by the commission or division. Any revenue received from public utilities not |
expended upon the completion of the case will be promptly reimbursed to the utility company. |
The total amount which that may be charged to any public utility under authority of this section |
for proceedings before the commission or division or in related appeals before state or federal |
courts in any calendar year shall not exceed five hundred thousand dollars ($500,000) seven |
hundred and fifty thousand dollars ($750,000), provided that any indirect cost recovery |
obligations pursuant to ยง 35-4-27 shall constitute a separate and additional assessment to public |
utilities to be added to the foregoing expense assessment limit; in addition, the total amount |
which that may be charged against any public utility under authority of this section for the |
administrator's representation of the state before agencies of the federal government in any |
calendar year shall not exceed five hundred thousand dollars ($500,000) two hundred and fifty |
thousand dollars ($250,000). All moneys collected by the administrator or the commission |
pursuant to this section shall be paid by him or her monthly to the general treasurer to be added to |
the public utilities reserve fund. |
(c) The division of public utilities shall adopt by regulation, a fee schedule for all |
telecommunications filings, including initial applications and annual registrations, by |
telecommunications providers which that are not otherwise subject to the provisions of |
subsections (a) or (b) of this section. The money assessed and paid shall be paid into the general |
fund and shall not be a part of the public utilities reserve fund. |
(d) The general assembly shall annually appropriate such sums as it may deem necessary |
for the salaries of the commissioners and their expenses incurred in the performance of their |
duties, and for the operations of the commission and the division and payment of such office |
expenses and assistance as from time to time may be required. The state controller is authorized |
and directed to draw his or her orders upon the general treasurer for the payment of such sum, or |
so much thereof, as may be required from time to time upon receipt by him or her of vouchers |
approved by the administrator or his or her authorized agent. |
SECTION 2. This act shall take effect upon passage. |
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LC001742 |
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