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Exhibit No.: Issues: Witness: Sponsoring Party: Type of Exhibit: Case Nos.: Date Testimony Prepared:Rate Base and Royal. Utilities Camera Inspection Kimberly K. Colin Mops Staff Direct Testimony WM20180116

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What is rate base and roy-l?

Rate base refers to the value of property upon which a utility is allowed to earn a specified rate of return. ROY-L is often associated with regulatory filings related to the return on equity for utilities and may include assessments of capital expenditures.

Who is required to file rate base and roy-l?

Utilities that operate under a rate-of-return regulation are typically required to file rate base and ROY-L documentation with their regulatory bodies.

How to fill out rate base and roy-l?

To fill out rate base and ROY-L forms, utilities must gather relevant financial data, including asset valuations, capital expenditures, and rate of return calculations, and then input this data into the required sections of the forms as specified by regulatory agencies.

What is the purpose of rate base and roy-l?

The purpose of rate base and ROY-L is to determine the appropriate rate of return for utilities, ensuring that they can recover their costs and earn a fair profit while providing reliable service to customers.

What information must be reported on rate base and roy-l?

Information that must be reported includes asset valuation, accumulated depreciation, and any capital expenditures, as well as calculations for the rate of return and financial performance metrics.