20260615Application.pdf

RECEIVED
JUNE 15, 2026
Southshore 2 Water Company, LLC IDAHO PUBLIC
PO Box 1293 UTILITIES COMMISSION
Eagle, Idaho 83616
June 15, 2026
SSW-W-26-02
Commission Secretary
Idaho Public Utilities Commission
PO Box 83720
Boise, Idaho 83720-0074
secretary(@puc.idaho.gov
Re: Southshore 2 Water Company, LLC
General Rate Case Application
Requested Effective Date: July 15, 2026
Dear Commission Secretary:
Pursuant to Idaho Code Title 61 and IDAPA 31.01.01.121, Southshore 2 Water Company, LLC
("Company") hereby submits its Application requesting authority to increase rates and charges
for water service within its certificated service area.
The Company requests that revised rates become effective July 15, 2026, which is more than
thirty (30) days after the filing date of this Application, consistent with Commission
requirements.
As shown in Exhibit 4, the Company's calculated annual revenue requirement is $58,960.36.
With fifteen (15) residential customers, full recovery of that revenue requirement would require
a flat monthly rate of approximately$327.56 per customer.
The Company is not requesting the full cost-of-service rate in this proceeding.
Instead, the Company is requesting approval of a flat monthly rate of$195.00 per customer. At
fifteen (15) customers, the proposed rate would generate approximately$35,100 in annual
revenue: $195.00 x 15 customers x 12 months = $35,100.
The Company recognizes that an immediate increase from the current monthly rate of$95.00 to
the full cost-of-service rate of approximately $327.56 would create a substantial immediate
impact on customers. While the Company believes the full revenue requirement is supported by
the filing, the Company is proposing a moderated initial rate to balance two important
obligations: mitigating immediate rate impact to customers and ensuring the water system has
sufficient revenue to continue providing safe, adequate, and reliable service.

The proposed $195.00 monthly rate is designed to recover the Company's pro forma operating
expenses and depreciation expense, while deferring recovery of a substantial portion of the
remaining revenue requirement. Specifically, the proposed rate would allow the Company to
recover current operating, maintenance, administrative, customer accounting, insurance,
regulatory compliance, and depreciation costs necessary to operate the system as a regulated
utility.
The Company is intentionally not seeking full recovery of the remaining revenue requirement in
this case, including a substantial portion of return on rate base and related capital recovery
components. The difference between the full calculated revenue requirement of$58,960.36
and the annual revenue generated by the proposed $195.00 monthly rate is approximately
$23,860.36. This means the Company is requesting recovery of approximately 59.53% of the
calculated revenue requirement and is deferring approximately 40.47% of the full revenue
requirement at this time.
The Company recognizes that individual components of the calculated revenue requirement
may be reviewed and adjusted by Commission Staff or the Commission. However, even with
such adjustments, the proposed $195.00 monthly rate remains materially below the Company's
fully supported cost-of-service revenue requirement.
The Company believes this phased approach is reasonable under the circumstances. It begins
moving rates toward cost-based levels while recognizing the effect that a full immediate
increase would have on customers. At the same time, the proposed rate provides the Company
with a more sustainable revenue level to support ongoing system operation, regulatory
compliance, customer service, insurance, depreciation, and maintenance obligations.
This filing is based upon a 12-month test year and includes supporting exhibits as outlined in the
Commission's Small Water Company General Rate Case Application and Exhibit Guide. The
Application includes:
• Exhibit 1— Rate Base, including Plant in Service, Accumulated Depreciation, and Rate Base
Calculation;
• Exhibit 2— Financial Statements, including Test Year Revenues, Operating Expenses, and
Adjusted Income Statement;
• Exhibit 3—Weighted Average Cost of Capital;
• Exhibit 4— Revenue Requirement and Revenue Deficiency Calculation;
• Rate Design calculations;
• Draft Customer Notice prepared in accordance with IDAPA 31.01.01.125; and

• Supporting workpapers, including the Excel revenue model with formulas intact.
Since issuance of the Company's Certificate of Public Convenience and Necessity, the Company
has undertaken a review of its operating costs, regulatory obligations, and revenue
requirements. This filing seeks rates sufficient to recover the reasonable and necessary costs of
providing safe, adequate, and reliable regulated water service.
The Company respectfully submits that the proposed $195.00 monthly rate represents a
measured and reasonable first step toward cost-based rates. It does not fully recover the
Company's calculated revenue requirement, but it improves the financial stability of the water
system while limiting the immediate impact on customers.
The Company acknowledges that this matter may proceed under Modified Procedure pursuant
to IDAPA 31.01.01.201—.204 and that discovery may be conducted under IDAPA
31.01.01.221—.240. The Company will respond timely to any Production Requests and comply
with applicable procedural requirements.
Southshore 2 Water Company, LLC respectfully requests that the Commission accept this
Application for filing and approve the proposed flat monthly rate of$195.00 per customer
effective July 15, 2026.
Respectfully submitted,
Ryan Martin
Managing Member
Southshore 2 Water Company, LLC

BEFORE THE IDAHO PUBLIC UTILITIES COMMISSION
CASE NO. SSW-W-26-02
APPLICATION OF SOUTHSHORE 2 WATER COMPANY, LLC FOR AUTHORITY TO
INCREASE RATES AND CHARGES FOR WATER SERVICE
Southshore 2 Water Company, LLC ("Company"), by and through its Managing Member, Ryan
Martin, hereby submits this Application requesting authority to increase rates and charges for
water service within its certificated service territory. In support of this Application, the Company
states as follows:
1.
APPLICANT
1. Southshore 2 Water Company, LLC is an Idaho limited liability company authorized by the
Idaho Public Utilities Commission ("Commission") to operate as a regulated public utility
pursuant to Order No. 37053 in Case No. SSW-W-26-01.
2. The Company's mailing address is:
Southshore 2 Water Company, LLC
P.O. Box 1293
Eagle, Idaho 83616
Telephone: [phone]
3. The Company currently provides domestic water service to fifteen (15) residential customers
within its certificated service territory in Canyon County, Idaho.
11.
JURISDICTION
4. The Commission has jurisdiction over this Application pursuant to Idaho Code Title 61 and
the Commission's Rules of Procedure, IDAPA 31.01.01.
5. This Application is submitted pursuant to IDAPA 31.01.01.121 and the Commission's Small
Water Company General Rate Case Application and Exhibit Guide.
III.
REQUEST FOR RATE RELIEF
6. The Company currently charges a flat monthly rate of$95.00 per customer.

7. The Company requests approval of a revised flat monthly rate of$195.00 per customer
effective July 15, 2026.
8. At the current rate of$95.00 per month, annual revenue generated from fifteen (15)
customers is approximately $17,100.
9. At the proposed rate of$195.00 per month, annual revenue generated from fifteen (15)
customers would be approximately $35,100.
10. The proposed rate increase is necessary to recover a portion of the Company's reasonable
and necessary costs of providing regulated water service.
IV.
REVENUE REQUIREMENT
11. As shown in Exhibit 4, the Company's calculated annual revenue requirement is $58,960.36.
12. Based upon fifteen (15) customer connections, full recovery of the calculated revenue
requirement would require a monthly rate of approximately $327.56 per customer.
13. The Company is not requesting the full cost-of-service rate in this proceeding.
14. Instead, the Company is requesting approval of a monthly rate of$195.00 per customer.
15. The proposed rate would recover approximately 59.53% of the Company's calculated
revenue requirement.
16. The Company is voluntarily deferring recovery of approximately 40.47% of its calculated
revenue requirement at this time.
17. The Company believes this approach is reasonable because it balances customer rate
impacts with the financial needs of the utility.
18. The Company recognizes that individual components of the calculated revenue requirement
may be reviewed and adjusted by Commission Staff or the Commission. However, even with
such adjustments, the proposed $195.00 monthly rate remains materially below the Company's
fully supported cost-of-service revenue requirement.
V.
REASONS FOR THE REQUEST
19. Since becoming a regulated public utility, the Company has incurred additional operating,
administrative, and compliance obligations associated with Commission oversight.

20. The Company has experienced increases in costs associated with:
a. Operations and maintenance oversight;
b. Customer account administration;
c. Regulatory compliance;
d. Administrative and general management functions;
e. Professional accounting and legal services;
f. Insurance;
g. Mileage and transportation related to utility operations;
h. Bad debt reserves;
i. Electronic payment processing; and
j. Other reasonable and necessary utility operating expenses.
21. The Company has also included depreciation expense necessary to support the long-term
preservation and replacement of utility assets.
22. The proposed rates are intended to provide a more sustainable level of revenue necessary
to continue providing safe, adequate, and reliable water service while maintaining compliance
with applicable regulatory requirements.
VI.
SUPPORTING EXHIBITS
23. In support of this Application, the Company submits the following exhibits:
Exhibit 1 — Rate Base
Schedule A— Plant in Service
Schedule B —Accumulated Depreciation
Schedule C— Rate Base Calculation
Exhibit 2 — Financial Statements
Schedule A— Revenue
Schedule B — Operating Expenses
Schedule C —Adjusted Income Statement
Exhibit 3 —Weighted Average Cost of Capital
Exhibit 4 — Revenue Requirement and Revenue Deficiency
Rate Design Calculations
Customer Notice

24. The exhibits and provide detailed support for each adjustment and revenue requirement
component included in this Application.
vll.
REQUEST FOR RELIEF
WHEREFORE, Southshore 2 Water Company, LLC respectfully requests that the Commission:
A. Accept this Application for filing;
B. Review the Company's proposed rates, exhibits, and supporting documentation;
C. Approve a flat monthly residential rate of$195.00 per customer effective July 15 2026, or
such other date as the Commission deems appropriate;
D. Grant such further relief as the Commission determines to be just and reasonable.
DATED this 15 day of June, 2026.
Respectfully submitted,
SOUTHSHORE 2 WATER COMPANY, LLC
Ryan Martin
Managing Member
Southshore 2 Water Company, LLC
P.O. Box 1293
Eagle, Idaho 83616
[phone]