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HomeMy WebLinkAbout20241107MINSpecial.pdf IDAHO PUBLIC UTILITIES COMMISSION MINUTES OF SPECIAL MEETING SUBJECT TO APPROVAL November 7, 2024— 11:30 a.m. In attendance was Commissioner Eric Anderson, Commissioner John R. Hammond,Jr. and Commissioner Lodge. Commissioner Anderson called the meeting to order. The first order of business was the CONSENT AGENDA: 1. Michael Duval's November 7,2024,Decision Memorandum re: In the Matter of CDS Stoneridge Utilities,LLC's Application for Authority to Increase Its Rates and Charges for Water Service in the State of Idaho; Case No. SWS-W-24-01. Commissioner Anderson made a motion to move the item under the Consent Agenda to Matter in Progress to address matters that were erroneously omitted from the memorandum. A vote was taken on the motion, and it carried unanimously. The next order of business was MATTER IN PROGRESS: 1. Michael Duval's November 7,2024,Decision Memorandum re: In the Matter of CDS Stoneridge Utilities,LLC's Application for Authority to Increase Its Rates and Charges for Water Service in the State of Idaho; Case No. SWS-W-24-01. Mr. Duval presented the memorandum regarding Stoneridge's application to increase its rates. Mr. Duval addressed a significant error in the gross-up calculation affecting the proposed rate increase. The error impacted both staff's and the company's revenue requirement models.Correcting the error would lower the revenue requirement proposals. Commissioner Anderson and Hammond sought clarification as to whether all involved parties were notified of the error. Mr. Duval confirmed he communicated with all involved parties regarding the error. Communications occurred via phone and email; no written objections were noted from involved parties including the company.All parties agreed that the record should be corrected, and the company should have the chance to respond. Additionally,Mr. Duval requested that the above mentioned be done under expedited consideration. Commissioner Anderson made a motion to accept staff's corrections as discussed. As well as giving the company until November 13',2024,to file reply comments addressing the corrections identified and to act under expedited consideration on this matter. A vote was taken on the motion, and it carried unanimously. Commissioner Anderson stated there was no further business before the Commission and the meeting was adjourned. i / : �VQ, 11/19/2024 COMMISSI ' S ETARY DATE OF APPROVAL