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HomeMy WebLinkAbout20100222Comment.pdf(~~iJiIO~ Jean Jewell vii ~;, Mi Sent: To: Subject: Monday, February 22,20107:53 AM Jean Jewell; Beverly Barker; Gene Fadness PUC Comment Form A Comment from Shaun Bonney follows: Case Number: UWI-W-09-01 Name: Shaun Bonney Address: 2716 Wind song City: Boise State: Idaho Zip: 83712 Daytime Telephone: Contact E-Mail : Name of Utility Company: Add to Mailing List: DQ Please describe your comment briefly: I am concerned with the rate of return being proposed in this rate increase request (originally 8.49%). I understand that United Water has incurred i capital expenses.' I am not sure, however, the details of those expenses, but suggest that, in these difficult times, expenses should be reduced to the bear minimum, such that capital expenditures for non- essential operations be excluded. While it nearly goes without saying that any rate increase will have a significant impacted on this community , it is worth stating here again. Most people are getting by with less pay and less discretionary monies. I have personally seen people take significant pay cuts to hold on to their jobs. I also understand that the unemployment and foreclosure rates are starting to hold, but unfortunately, most peopie' s savings have been significantly reduced. Therefore, I urge this Commission to consider the practical impact of a rate increase. Most people i s economic circumstances are in decline; a . rate of return' for United Water should be restricted such that its profitability is inline with those experienced by the public at large, which I suggest is something less than the i rate of return' being proposed. I would also like to see the Commission extend the period for additional request beyond the proposed June 2011 date. A one-year hold on a rate request is not much of a consideration. The form submitted on http://www . puc. idaho. gov /forms/ipucl/ipuc. html IP address is 63.227.128.142 1