Public Service Commission of the District of Columbia Issues Order Assessing Public Utilities

Strategic Insights -

The Public Service Commission of the District of Columbia has issued an order assessing public utilities, including Verizon, Washington, DC Inc, for their share of the Office of the People's Counsel's fiscal year 2023 budget. The assessment is based on a reimbursement fee formula established by the Commission and set forth in the District of Columbia Municipal Regulations. The order requires Verizon, Washington, DC Inc to deposit its share within 30 days of the date of the order, along with submitting specific information about the payment.

Key Takeaways:

  • The Public Service Commission of the District of Columbia has issued an order assessing public utilities, including Verizon, Washington, DC Inc, for their share of the Office of the People's Counsel's fiscal year 2023 budget.
  • The assessment is based on a reimbursement fee formula established by the Commission and set forth in the District of Columbia Municipal Regulations.
  • The reimbursement fee formula is established in Subsection 1301.1 of Title 15 of the District of Columbia Municipal Regulations, which sets forth the method for calculating the assessment rate.
  • Verizon, Washington, DC Inc has a calendar year 2022 gross revenue of [Redacted] and is subject to the reimbursement fee requirement.
  • The 2022 calendar year gross revenues of all public utilities and alternative providers total $2,018,155,239.86.
  • The FY 2023 assessed budget for the Office of the People's Counsel is $11,117,100.00.
  • Verizon, Washington, DC Inc is directed to deposit its share within 30 days of the date of the order, along with submitting specific information about the payment.
  • Failure to comply with the order may result in a penalty.
  • The Commission has determined Verizon, Washington, DC Inc's share of the OPC's assessed budget to be [Redacted].

Statistics:

  • The 2022 calendar year gross revenues of all public utilities and alternative providers total $2,018,155,239.86.
  • The FY 2023 assessed budget for the Office of the People's Counsel is $11,117,100.00.
  • The calendar year 2022 gross revenue for Verizon, Washington, DC Inc is [Redacted].
  • Verizon, Washington, DC Inc is subject to the reimbursement fee requirement.
  • The Commission has refunded or credited unused assessed funds to companies assessed in FY 2022.

Sources:

  • PUBLIC SERVICE COMMISSION OF THE DISTRICT OF COLUMBIA, Order No. 21659, ASSESSING PUBLIC UTILITIES, August 15, 2023.
  • D.C. Code § 34-912(b)(1).
  • 15 DCMR § 1301.1 (2020).
  • 15 DCMR § 1306.1 (2019).
  • 15 DCMR § 1306.2 (2019).
  • 15 DCMR § 1303.6 (2016).
  • D.C. Code § 34-912(b)(3)(B).