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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.
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