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HomeMy WebLinkAbout20230523_FLSW2301_cs.pdfDECISION MEMORANDUM 1 DECISION MEMORANDUM TO: COMMISSIONER ANDERSON COMMISSIONER HAMMOND COMMISSIONER LODGE COMMISSION SECRETARY COMMISSION STAFF LEGAL FROM: CLAIRE SHARP DEPUTY ATTORNEY GENERAL DATE: MAY 23, 2023 SUBJECT: IN THE MATTER OF FALLS WATER CO., INC.’S APPLICATION FOR THE AUTHORITY TO INCREASE ITS RATES AND CHARGES FOR WATER SERVICE IN THE STATE OF IDAHO; CASE NO. FLS-W-23-01. On May 12, 2023, Falls Water Co., Inc., (“Company”) applied for authorization to raise the rates it charges for water service. The Company requests an approximate 44.3% increase in revenue collected and a 7.71% rate of return. The Company requests a July 1, 2023, effective date. STAFF RECOMMENDATION Staff recommends the Commission issue a Notice of Application, Notice of Intervention Deadline establishing a 21-day intervention period, and suspend the Company’s proposed effective date for 30 days plus five months pursuant to Idaho Code § 61-622. COMMISSION DECISION Does the Commission wish to issue a Notice of Application, Notice of Intervention Deadline establishing a 21-day intervention period, and suspend the Company’s proposed effective date? _____________________________ Claire Sharp Deputy Attorney General I:\Legal\WATER\FLS-W-23-01\memos\FLSW2301_dec_cs.doc