Res 1981-011 - Laserfiche WebLink

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object to the rate schedules sUbmitted during the ordinary course of the tariff approval process. CONCLUSIONS OF LAW 1. The Commission has jurisdiction over this rate change application pursuant to Sections 17(e) and 43 of the Public Utilits Regulatory Act, Texas Revised Civil Statutes Annotated Article 1446c (SuPp. 1980). However, the rates set herein shall be applicable only to those customers lying outside the incorporated municipalities served at retail by the Lower Colorado River Authority, i.e., those customers outside the Cities of San Marcos, Kerrville, and San Saba. 2. Lower Colorado River Authority has the burden of proof to establish its revenue deficiency under its present rates and to establish the amount of such deficiency that will be collected under its proposed rates pursuant to Section 40(b) of the Public Utility Regulatory Act. 3. Lower Colorado River Authority has proved that it is entitled, to additional annual revenues in the am'ount of $1,845,255. 4. The rates pr~escribed her~ein will allow Lower Colorado River Authority to recover its operating expenses, together with a reasonable return on its invested capital, pursuant to the provisions of Section 39 of the Public Utility Regulatory Act. 5. The rates prescribed herein will yield no more than a fair return upon the adjusted value of the invested capital used and useful by Lower Colorado River Authority in rendering service to the public, as provided by Section 40(a) of the Public Utility Regulatory Act. 6. The rate structures as set out in Finding of Fact No. 9 above are just and reasonable and are not unreasonably preferential, prejudicial, or discriminatory, as provided by Section 38 of the Public Utility Regulatory A~t. 7. The rates set forth in Finding of Fact No. 9 above are based upon the adjusted value of property used and useful in providing service, as provided in Section 41(a) of the Public Utility Regulatory Act. -4-