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Regulatory Proceedings : Arkansas
Public Utility Commission Website http://www.state.ar.us/psc/
Regulatory Activity Underway Arkansas Base Rate Case Filing
Docket Number 09-008-U
Overview

On February 19, 2009, SWEPCo filed a general base rate case with the APSC requesting an increase of $53.9MM including $28.7MM for the concurrent recovery of construction financing costs related to SWEPCo’s ongoing generation construction program through the GR rider. This represents an increase of approximately 18% from current rates. The requested capital structure is debt 54%/ equity 46%. The filing is based on a test year ended December 31, 2008, consisting of historical data for the six month period ending June 30, 2008 and projected data for the six month period ending December 31, 2008. The test year also reflects adjustments for reasonably known and measurable changes through December 31, 2009.

Key Components Requested ROE: 11.50%
Requested ROR: 7.00%
Requested Rate Base: $609MM
Requested Revenue Increase: $53.9MM
(including a $28.7MM GR rider)
Procedural Schedule 6/26/2009 Staff and intervenor testimony due
7/24/2009 Rebuttal testimony due
8/18/2009 Staff and intervenor rebuttal testimony due
8/25/2009 Surrebuttal testimony due
11/2/2009 Settlement hearing commences
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