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STATE OF CALIFORNIAGAVIN NEWSOM, GovernorFILEDPUBLIC UTILITIES COMMISSION 505 VAN LESS AVENUE04/14/23SAN FRANCISCO, CA 94102329803:11 PM A2205015April 14, 2023Agenda ID #21535 RatesettingTO PARTIES
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How to fill out public utility ratemaking

01
Gather all relevant financial and operational data of the public utility.
02
Identify the costs incurred by the public utility in providing services.
03
Determine the appropriate rate structure that reflects the costs and ensures recovery of expenses.
04
Conduct a cost of service study to allocate costs to different customer classes.
05
Consider public input and regulatory requirements while setting the rates.
06
Submit the proposed rates for approval from the regulatory authority.

Who needs public utility ratemaking?

01
Public utility companies who provide essential services such as water, electricity, gas, and sewage.
02
Regulatory agencies responsible for overseeing the public utility services.
03
Consumers who rely on public utilities for their daily needs.
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Public utility ratemaking is the process by which regulatory agencies set the rates that a public utility company can charge their customers.
Public utility companies are required to file public utility ratemaking with the regulatory agencies.
Public utility ratemaking is typically filled out by providing detailed financial and operational information to the regulatory agencies.
The purpose of public utility ratemaking is to ensure that public utility companies are charging reasonable rates that cover their costs and allow for a fair return on investment.
Information such as financial statements, cost of service, rate structure, and projected revenue needs must be reported on public utility ratemaking.
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