52 Pa. Code § 71.3. Filing requirements.

§ 71.3. Filing requirements.

(a)  The following public utilities shall file a financial report for the 12-month period ending each March 31, June 30, September 30 and December 31:
   (1)  The major electric utilities (Philadelphia Electric Company, Pennsylvania Power and Light Company, Duquesne Light Company, West Penn Power Company, Pennsylvania Power Company, UGI Corporation—Luzerne Electric Division, Pennsylvania Electric Company and Metropolitan Edison Company).
   (2)  Gas distribution utilities having annual intraState gross revenues in excess of $10 million.
   (3)  Water and wastewater utilities with annual intraState gross revenues in excess of $10 million.
(b)  The following public utilities shall file a financial report for the 12-month period ending each December 31:
   (1)  Electric utilities with annual intraState gross revenues in excess of $1 million.
   (2)  Gas distribution utilities having annual intraState gross revenues in excess of $1 million but which do not exceed $10 million.
   (3)  Water and wastewater utilities with annual intraState gross revenues in excess of $1 million but which do not exceed $10 million.
(c)  Annualization, normalization and ratemaking adjustments are required only with the financial report for the 12-month period ending December 31 of each year. These adjustments are not required for financial reports for the 12-month period ending March 31, June 30 and September 30.
(d)  For the 12-month period ending each December 31, the actual per books amounts in the financial report shall reflect the public utility’s independently audited results of operations.

Authority

   The provisions of this §  71.3 amended under the Public Utility Code, 66 Pa.C.S. § §  501 and 1501.

Source

   The provisions of this §  71.3 amended February 13, 1998, effective February 14, 1998, 28 Pa.B. 801; amended April 5, 2002, effective April 6, 2002, 32 Pa.B. 1723; amended December 15, 2006, effective December 16, 2006, 36 Pa.B. 7558. Immediately preceding text appears at serial pages (287766) to (287767).

Cross References

   This section cited in 52 Pa. Code §  71.5 (relating to format for filing financial reports).

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