PUC Annual ReportâFiscal Year 2011-12 - Public Utilities Commission

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Public Utilities Commission Annual Report 2011-12 State of Hawaii Page 49 On May 6, 2011, Young Brothers re-filed its Application for approval of a general rate increase and certain tariff changes. Included within the Application, Young Brothers offers two scenarios for the Commission’s consideration. Young Brothers states that “With Pasha Impact Reflected,” it will need to increase its revenues by $16,986,000, i.e., approximately 28.68 percent over revenues at present rates in the amount of $59,216,236, and a proposed rate of return of 14.12 percent on the water carrier’s average depreciated rate base (for its intrastate water carrier operations). Young Brothers alternatively notes that “Without Pasha Impact Reflected,” it will need an increase in revenues in the amount of $13,591,000, or approximately 22.50 percent over revenues at present rates in the amount of $60,397,356, with a projected rate of return of 11.97 percent. On May 6, 2011, Young Brothers re-filed its application, exhibits, and direct testimonies. Specifically, Young Brothers seeks the Commission’s approval to increase its revenues by $14,195,000, and not more than $14,404,000, the rate increase requested in its original application filed on December 22, 2011, or by approximately 23.97 percent over revenues at present rates, based on a 2011 calendar test year and a proposed rate of return of 14.12 percent, but with an effective rate of return of 11.68 percent given Young Brothers’ proposed reduction of revenue requirements, on the water carrier’s average depreciated rate base (for its intrastate water carrier operations). For specific cargo types, Young Brothers proposes rate increases ranging from 14 to 38.7 percent, as follows: dry containers (including flatracks and platforms), 15 percent; reefer containers, 18 percent; automobiles and rollon/roll-off cargo, 14 percent; and G-vans, pallets, and mixed cargo, 38.7 percent. As part of its application, Young Brothers also proposes certain other changes to its tariff. On December 16, 2011, the Commission filed a Decision and Order approving an increase in intrastate revenues of $10,574,932, or approximately 16.58 percent over intrastate revenues at present rates based on a rate of return of 10.25 percent and a total intrastate revenue requirement of $74,342,455. Specifically, the Commission approves (1) rate increases as follows: dry container, 11 percent; reefer container, 15 percent; flatracks/platforms, 11 percent; automobile, 14 percent; roll-on/roll-off cargo, 14 percent; G-Vans and other less than container load cargo, 26 percent; (2) other changes to Young Brothers’ tariff; and (3) use of the Five-Four-Four quarterly schedule.
Public Utilities Commission Annual Report 2011-12 State of Hawaii Page 50 One Call Center Proceedings As mandated by Act 141, SLH 2004, the Commission was required to establish and begin administration of a One Call Center to coordinate the location of subsurface installations and provide advance notice to subsurface installation operators of proposed excavation work. The One Call center began operating in January 2006. The following proceeding pertains to the One Call Center: • Assess the excavation activities of pest control operators— Docket No. 2012-0043 The Commission opened this investigatory docket in March 2012 to assess the excavation activities of pest control operators and to determine whether they should be allowed partial relief from the requirements of HRS Section 269-E One Call Center; Advance Warning to Excavators. This docket was opened as a response to Senate and House bills introduced during the 2012 Hawaii Legislative Session. The parties have all submitted their Statement of Positions, and if the parties determine that Reply Statement of Positions are unnecessary, they will need to notify that Commission that the proceeding is ready for decision making.
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PUC Annual ReportâFiscal Year 2011-12 - Public Utilities Commission