20240301Exhibit 6 Revenue Requirement.pdf

Company
Line Proposal
1 Rate Base 1,143,371$
2 Required Return on Rate Base 11.52%
3 Required Net Operating Income 131,686$
4 Net Operating Income Realized 2,781
5 Net Operating Income Deficiency 128,905$
6 Net to Gross Multiplier 135.04%
7 Gross Revenue Deficiency 174,068$
8 Company Proposed Test Year Revenue 707,328$
9 Revenue Increase Percentage Required 24.61%
10 Revenue Requirement 881,396$
Gross-up Factor Calculation - Company
11 Net Deficiency 100.0000%
12 PUC Fees 0.1982%
13 Bad Debts 0.0789%
14 99.7229%
15 State Tax @ 6%5.9834%
16 Federal Taxable 93.7395%
17 Federal Tax @ 21%19.6853%
18 Net After Tax 74.0542%
19 Net to Gross Multiplier 135.0362%
Capitol Water Corporation
Case No. CAP-W-24-01
Revenue Requirement
2022 Test Year
Description
Capitol Water Corporation
Case No. CAP-W-24-01
Exhibit No. 6 - Revenue Requirement