Professional Documents
Culture Documents
CEWR Presentation Dec 2011
CEWR Presentation Dec 2011
CEWR Presentation Dec 2011
CEWR
Update on Water Rate Protest
December 8, 2011
Filed expert testimony with the ALJ that challenged CLWSCs rate increase request in 3 major areas.
CLWSC Revised Request
Net rate base CLWSC earns revenue from return on amount of capital it has invested and put at risk.
CEWR Recommended
Difference
$40,962,975
$29,983,199
($10,979,776)
Revenue requirement Revenue from ratepayers to support CLWSC earning a fair and reasonable profit as defined by the Texas Water Statute.
$12,657,271
$9,474,898
($ 3,182,373)
71%
21% or less
(50%)
$ 5,625,722 34%
depreciation expense claimed by Canyon Lake for these subdivisions is ~ $3.4M in rate base.
Subdivisions with Zero Connections Avonlea First Mountain Subdivision Fischer Heiser Hollow Potter Creek Rayner Ranch Subdivision Rivermont Startzville The Legends Valley View
- Canyon Lake has claimed $578,090 in corporate overhead transactions (allocations) to San Jose Water. Canyon Lake has not shown that the services that are provided through these affiliate transactions are not duplicative.
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Adjustments
(10,979,777) -0.83% (1,202,073)
Revenue Requirement Operating expenses Depreciation expense Income tax expense Return Total revenue requirement Other revenues Test year revenues Revenue Increase - $ $ $ $ 5,664,627 2,195,074 1,121,828 3,603,738 12,585,268 (1,017,161) (6,899,243) 4,668,864 $ $ $ 5,809,379 2,174,800 1,120,336 3,552,756 12,657,271 (1,124,163) (6,899,243) 4,633,865 $ $ $ (892,182) (642,432) (445,686) (1,202,073) (3,182,373) ___-___ (3,182,373) $ $ $ 4,917,197 1,532,368 674,650 2,350,683 9,474,898 (1,124,163) (6,899,243)
1,451,492
METERSIZE 3/4
10,000 GALLONS USED (3/4 Meter)
$ 80.09
$110.52
$136.90
December 30, 2011 March 26-30, 2012 June/July 2012 Oct/Nov 2012
Executive Director TCEQ files testimony Hearing on the merits before the ALJ ALJ opinion to TCEQ Commissioners Final rate order by TCEQ Commissioners
Settlement negotiations with CLWSC on going throughout to accelerate final decision and reduce cost to all parties
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$25,000
19.3% 3.2% 6.0% 3.2%
$25,000
49.1%
22.3%
$25K
Associations provided group donations - $1,000 or more Individual Donations can make the difference
. . . but we cant win without additional funds to support our work for every water user.
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Champion your Associations donation of $1,000 or more. - Use end of year budget $$$ - Add into 12 budget, donate by end of Feb 12
Help update and inform all friends of the facts of the case.