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Session Laws, 1999
Volume 796, Page 106   View pdf image
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the total of the gross operating revenues derived from intrastate utility AND
ELECTRICITY SUPPLIER operations for all public service companies that are billed
under this section over that period.

(5) The minimum bill for a public service company shall be $10.

(6) The public service company;

(i) shall pay the bill on or before the next July 15th; or

(ii) may elect to make partial payments on the 15th days of July,
October, January, and April.

(7) A partial payment shall equal 25% of the bill and may not be less than

$10.

(8) During any State fiscal year, the Chairman may change the estimate
of costs and expenses of the Commission.

(9) (i) If the estimate is changed, the Commission shall send a revised
bill to each public service company that has elected to make partial payments.

(ii) The change shall be apportioned equally against the remaining
payments for the fiscal year.

(10) (i) On or before September 15th of each year, the Chairman shall
compute the actual costs and expenses of the Commission for the preceding fiscal year.

(ii) After deducting the amounts recovered under § 2-111(a) of this
subtitle, on or before October 15th, the Chairman shall send to any public service
company that is affected a statement that shows the amount due or the amount to the
credit of the public, service company.

(11) (i) A public service company shall pay an amount due within 30
days after the statement is received.

(ii) At the option of the public service company, an amount to the
credit of a public service company shall be refunded or applied against any succeeding
payment due.

(12) The total amount that may be charged to a public service company
under this section for a State fiscal year may not exceed:

(i) 0.17% of the public service company's gross operating revenues
derived from intrastate utility AND ELECTRICITY SUPPLIER'S operations in the
preceding calendar year, or other 12-month period that the Chairman determines, for
the costs and expenses of the Commission other than that of the Office of People's
Counsel; plus

(ii) 0.05% of those revenues for the costs and expenses of the Office of
People's Counsel.


 

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Session Laws, 1999
Volume 796, Page 106   View pdf image
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