{"data":{"id":"us-va/20vac5-201-110","jurisdiction":"us-va","citation":"20VAC5-201-110","heading":"Schedules  24 through 28 and 40  and exhibits for Chapter 201","body":"The following schedules and exhibits are to be used in conjunction with this chapter.\n\nCOMPANY NAME\n\nRATE BASE STATEMENT REFLECTING RATEMAKING ADJUSTMENTS AS OF --/--/--\n\nExhibit No.:\n\nWitness:\n\nSchedule 24\n\n(1)\n\n(2)\n\n(3)\n\nLINE NO.\n\nPer Books Virginia Juris. Cost of Service\n\nRatemaking Adjustments\n\nVirginia Jurisdictional Cost of Service after Adjustments\n\n(1)+(2)\n\n1\n\nALLOWANCE FOR WORKING CAPITAL\n\n2\n\nMATERIAL AND SUPPLIES\n\n3\n\nCASH WORKING CAPITAL (LEAD LAG STUDY)\n\n4\n\nDEFERRED FUEL/DEFERRED GAS NET OF FIT\n\n5\n\nOTHER WORKING CAPITAL\n\n6\n\nTOTAL ALLOWANCE FOR WORKING CAPITAL\n\n7\n\nNET UTILITY PLANT\n\n8\n\nUTILITY PLANT IN SERVICE\n\n9\n\nACQUISITION ADJUSTMENT\n\n10\n\nCONSTRUCTION WORK IN PROGRESS\n\n11\n\nPLANT HELD FOR FUTURE USE\n\n12\n\nLESS:\n\nACCUMULATED PROVISION FOR DEPRECIATION\n\n13\n\nAND AMORTIZATION\n\n14\n\nCUSTOMER ADVANCES FOR CONSTRUCTION\n\n15\n\nTOTAL NET UTILITY PLANT\n\n16\n\nRATE BASE DEDUCTIONS\n\n17\n\nCUSTOMER DEPOSITS\n\n18\n\nSUPPLIER REFUNDS\n\n19\n\nACCUMULATED DEFERRED INCOME TAXES\n\n20\n\nOTHER COST FREE CAPITAL\n\n21\n\nTOTAL RATE BASE DEDUCTIONS\n\n22\n\nTOTAL RATE BASE\n\nNotes:\n\nColumn (1) amounts for utilities subject to § 56-585.1 of the Code of Virginia shall come from Schedule 23 Column (4) and shall exclude Rate Adjustment Clauses.\n\nColumn (1) amounts for utilities not subject to § 56-585.1 of the Code of Virginia shall come from Schedule 22 Column (3).\n\nCOMPANY NAME\n\nDETAIL OF RATEMAKING ADJUSTMENTS\n\nREFLECTED IN COL. (--) OF SCHEDULES -- AND --\n\nExhibit No.: __\n\nWitness:___\n\nSchedule 25\n\nADJ. NO.\n\nADJUSTMENT\n\nAMOUNT\n\nINCOME ADJUSTMENTS\n\nOPERATING REVENUE ADJUSTMENTS\n\nOPERATION AND MAINTENANCE EXPENSE ADJUSTMENTS\n\nDEPRECIATION EXPENSE ADJUSTMENTS\n\nINCOME TAX ADJUSTMENTS\n\nTAXES OTHER THAN INCOME ADJUSTMENTS\n\nGAIN ON PROPERTY DISPOSITION ADJUSTMENTS\n\nCHARITABLE DONATION ADJUSTMENTS\n\nOTHER INTEREST EXPENSE/(INCOME) ADJUSTMENTS\n\nINTEREST EXPENSE ADJUSTMENTS\n\nPREFERRED DIVIDENDS ADJUSTMENTS\n\nJDC CAPITAL EXPENSE ADJUSTMENTS\n\nALLOWANCE FOR WORKING CAPITAL ADJUSTMENTS\n\nELECTRIC PLANT IN SERVICE ADJUSTMENTS\n\nPLANT HELD FOR FUTURE USE ADJUSTMENTS\n\nCONSTRUCTION WORK IN PROGRESS ADJUSTMENTS\n\nACCUMULATED DEPRECIATION AND AMORTIZATION ADJUSTMENTS\n\nOTHER RATE BASE DEDUCTIONS ADJUSTMENTS\n\nCOMMON EQUITY CAPITAL\n\nCOMPANY NAME\n\nREVENUE REQUIREMENT RECONCILIATION\n\nSchedule 26\n\nRevenue Requirement\n\nPer Books Revenue Deficiency\n\nCapital Structure Changes\n\nRate Base Update\n\nOther Rate Base Adjustments\n\nPayroll, Benefits and Payroll Taxes\n\nOther Business and Affiliate Charges\n\nStorm Damage\n\nDecommissioning\n\nOther Revenue Adjustments\n\nOther Miscellaneous Adjustments\n\nCompany Proposed Revenue Requirement\n\nNote: The topics or subjects listed above are included for illustrative purposes. Applicant's schedule should include company specific topics/subjects.\n\nFOR ILLUSTRATIVE PURPOSES ONLY\n\nCOMPANY NAME\n\nREVENUE REQUIREMENT RECONCILIATION\n\nSupporting Schedule\n\nSupporting Schedule 26\n\n(1)\n\n(2)\n\n(3)\n\n(4)\n\n(5)\n\n(6)\n\n(7)\n\nAmounts\n\nNet of Tax Overall Cost of Capital\n\nRequired AOI\n\n(1)*(2)\n\n1-Fit Rate\n\nSubtotal\n\n(3)*(4)\n\nGross-up Factor\n\nRevenue Requirement\n\n(5)/(6)\n\nPer Books Revenue Deficiency\n\nCapital Structure Items:\n\nROE from 11.5% to 10.5% (midpoint of range)\n\nCapital Structure Changes\n\nTotal Capital Structure Charges\n\nRate Base Update:\n\nRate Base Update\n\nCustomer Growth\n\nLate Payment Revenues\n\nDepreciation Expense\n\nProperty Tax Expense\n\nLiberalized Depreciation\n\nLiberalized Depreciation - New Rates\n\nClover Allocation Factor\n\nAccumulated Depreciation - Current Rates\n\nTotal Rate Base Update\n\nOther Rate Base Adjustments:\n\nDeferred Fuel at 100%\n\nContra-AFC Connection\n\nCash Working Capital on Sch. D and E\n\nTotal other Rate Base Adjustments\n\nPayroll, Benefits and Payroll Taxes:\n\nEmployee Payroll\n\nFringe Benefits\n\nIncentive Pay\n\nOPEB Expense\n\nPayroll Taxes\n\nTotal Payroll, Benefits and Payroll Taxes\n\nStorm Damage:\n\nStorm Damage Expense \u0026 Related OT\n\nStorm Damage Payroll Taxes\n\nTotal Storm Damage\n\nOther Revenue Adjustments:\n\nTransmission Service Revenues\n\nWholesale Contract Renegotiations\n\nTotal Other Revenue Adjustments\n\nOther Miscellaneous Adjustments\n\nFIT on per books JDC\n\nFIT on other Interest and Preferred Dividends\n\nComputer Leases\n\nObsolete Inventory Amortization\n\nNonoperating Expenses\n\nFuel Handling Expense\n\nWest Virginia State Income Taxes\n\nInterest on Customer Deposits\n\nAdvertising Expense\n\nMiscellaneous\n\nCharitable Donations\n\nTotal Other Miscellaneous Adjustments\n\nCompany Proposed Revenue Requirement\n\nCOMPANY NAME\n\nLEAD/LAG CASH WORKING CAPITAL CALCULATION - ADJUSTED\n\nFOR THE YEAR ENDED --/--/--\n\nSUPPORTING COLUMN -- OF SCHEDULE --\n\nExhibit No.:____\n\nWitness:_______\n\nSchedule 27\n\n(1)\n\n(2)\n\n(3)\n\n(4)\n\n(5)\n\n(6)\n\n(7)\n\n(8)\n\nVirginia Juris. Per Books Amounts\n\nRulemaking Adjustments\n\nAmounts After Adj.\n\nAverage Daily Amount\n\nExpense (Lead)/Lag Days\n\nRevenue Lag\n\nNet (Lead)/Lag Days\n\nWorking Capital (Provided)/ Required\n\nOPERATING EXPENSES\n\nO\u0026M Expenses:\n\nAccount # - Fuel Clause\n\nAccount # - Fuel Clause\n\nAccount # - Fuel Clause\n\nAccount # - Deferred Fuel\n\nPayroll Expense\n\nBenefits and Pension Expense\n\nOPEB Expense\n\nRegulatory Asset Amortization Expense\n\nUncollectible Expense\n\nStores Issues\n\nStored Undistributed\n\nAccrued Vacation Expense\n\nPrepaid Insurance Amortization Expense\n\nWorker's Compensation Expense\n\nDirectors' Deferred Compensation Exp.\n\nStorm Damage Expense\n\nTransition Cost Expense\n\nRestructuring Expense\n\nContingent Liabilities\n\nOther O\u0026M Expenses\n\nDepreciation Expense:\n\nDepreciation Expense\n\nAmortization Expense\n\nAmortization Expense\n\nAmortization of Regulatory Assets\n\nFederal Income Taxes:\n\nCurrent\n\nDeferred\n\nDFIT on items excluded from Rate Base\n\nDeferred ITC\n\nState Income Tax Expense\n\nTaxes Other Than Income:\n\nProperty Tax Expense\n\nValuation Tax Expense\n\nBusiness and Occupation Tax Expense\n\nPayroll Tax Expense\n\nOther Taxes\n\nAFUDC\n\nGain/Loss of Disposition of Property\n\nCharitable Donations\n\nInterest on Customer Deposits\n\nOther Expense/Income (A-t-l)\n\nOther Income/Expense (B-t-l)\n\nInterest Expense\n\nPreferred Dividends\n\nJDC Expense\n\nIncome Available for Common Equity\n\nTotals\n\nPlus: Customer Utility Taxes\n\nBALANCE SHEET ITEMS\n\nTOTAL CASH WORKING CAPITAL\n\nCOMPANY NAME\n\nBALANCE SHEET ANALYSIS – ADJUSTED\n\nAS OF --/--/--\n\nExhibit No.:\n\nWitness:___\n\nSchedule 28\n\nFirst Month\n\nSecond Month\n\nThird Month\n\nFourth Month\n\nFifth Month\n\nSixth Month\n\nSeventh Month\n\nEighth Month\n\nNinth Month\n\nTenth Month\n\nEleventh Month\n\nTwelfth Month\n\nThirteen Month Average\n\nAdditional Uses of Cash Working Capital\n\nAccount\n\nNumber\n\nAccount Title\n\nIndividual Uses of Cash Working Capital\n\nIndividual Uses of Cash Working Capital\n\nIndividual Uses of Cash Working Capital\n\nIndividual Uses of Cash Working Capital\n\nTotal Additional Uses of Average Cash Working Capital\n\nAdditional Sources of Average Cash Working Capital\n\nAccount\n\nNumber\n\nAccount Title\n\nThirteen Month Average\n\nIndividual Sources of Cash Working Capital\n\nIndividual Sources of Cash Working Capital\n\nIndividual Sources of Cash Working Capital\n\nIndividual Sources of Cash Working Capital\n\nTotal Additional Sources of Cash Working Capital\n\nNet (Source)/Use of Cash Working Capital\n\nCOMPANY NAME\n\nJURISDICTIONAL COST OF SERVICE STUDY\n\n(METHODOLOGY) COST ALLOCATION STUDY\n\nCASE NO. PUE------\n\nExhibit No.:\n\nWitness:___\n\nSchedule 40 A and B\n\n(1)\n\n(2)\n\n(3)\n\nLine No.\n\nDescription\n\nTotal System\n\nVirginia Non-Juris.\n\nVirginia Per Books Amount\n\n(1)-(2)\n\n10\n\nOperating Revenues\n\n20\n\n30\n\nOperating and Maintenance Expense\n\n40\n\nDepreciation Expense\n\n50\n\nAmortization\n\n60\n\nFederal Income Taxes\n\n70\n\nState Income Taxes\n\n80\n\nTaxes Other than Income\n\n90\n\n100\n\nTotal Operating and Maintenance Expense\n\n110\n\n120\n\nNet Operating Income\n\n130\n\n140\n\nAdjustments to Operating Income\n\n150\n\n160\n\nAdd:\n\nAFUDC\n\n170\n\nLess:\n\nCharitable Donations\n\n180\n\nInterest Exp. - Customer Dep.\n\n190\n\n200\n\nAdjusted Net Operating Income\n\n210\n\n220\n\nRate Base\n\n230\n\n240\n\nROR Earned on Rate Base\n\nCOMPANY NAME\n\nCLASS COST OF SERVICE STUDY (METHODOLOGY) COST ALLOCATION STUDY\n\nCASE NO. PUE------\n\nExhibit No.:\n\nWitness:\n\nSchedule 40C\n\n(1)\n\n(2)\n\n(3)\n\n(4)\n\n(5)\n\n(6)\n\n(7)\n\nLine No.\n\nDescription\n\nVirginia Juris.\n\nClass\n\nClass\n\nClass\n\nClass\n\nClass\n\nAllocation Basis\n\n10\n\nOperating Revenues\n\n20\n\n30\n\nOperating Expense\n\n40\n\nDepreciation Expense\n\n50\n\nAmortization\n\n60\n\nFederal Income Taxes\n\n70\n\nState Income Taxes\n\n80\n\nTaxes Other than Income\n\n90\n\n100\n\nTotal Operating and Maintenance Expense\n\n110\n\n120\n\nNet Operating Income\n\n130\n\n140\n\nAdjustments to Operating Income\n\n150\n\n160\n\nAdd:\n\nAFUDC\n\n170\n\nLess:\n\nCharitable Donations\n\n180\n\nInterest Exp. - Customer Dep.\n\n190\n\n200\n\nAdjusted Net Operating Income\n\n210\n\n220\n\nRate Base\n\n230\n\n240\n\nROR Earned on Rate Base","path":["Title 20. Public Utilities And Telecommunications","Agency 5. State Corporation Commission","Chapter 201. Rules Governing Utility Rate Applications and Annual Informational Filings of Investor-owned Water Utilities"],"source_url":"https://law.lis.virginia.gov/admincode/title20/agency5/chapter201/section110/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:53:24Z","sha256":"2697e86c6f09addb2dd50c6d94589914feef2476894889ba78c55c850d99ac37","source_id":"us-va-vac","stale":false,"prev":"us-va/20vac5-201-100","next":"us-va/20vac5-202-10"},"notice":"GroundRules: Original legal text. Not legal advice."}