Section 20.25.730. Commission's determination of regulatory cost charges for geothermal wells.  


Latest version.
  • 	(a)  After the later of the beginning of a fiscal year or the date of enactment of an appropriation for the operating costs of the commission for that fiscal year, the commission will provide to persons subject to a regulatory cost charge under AS 41.06.055 written notice of the proposed regulatory cost charges for geothermal wells to be imposed on persons subject to regulatory cost charges for geothermal wells for that fiscal year and the basis for the charges, in accordance with 20 AAC 25.720.  
    	(b)  No later than 30 days after notice is issued under (a) of this section, a person subject to a regulatory cost charge for geothermal wells may submit comments on, or request a revision to, the regulatory cost charges imposed for geothermal wells by the commission. A request for a revision must be accompanied by an explanation of the basis for the requested revision, and evidence in support of the request. Before a hearing is held under (c) of this section, the commission will provide all persons subject to a regulatory cost charge for geothermal wells with copies of comments and requests for revision received by the commission or with notice of the persons' right to inspect those comments and requests for revision.  
    	(c)  No later than 60 days after notice is issued under (a) of this section, the commission will hold a public hearing in accordance with 20 AAC 25.540 on the proposed regulatory cost charges for geothermal wells.  
    	(d)  No later than 90 days after notice is issued under (a) of this section, the commission will issue an order determining the regulatory cost charges for geothermal wells to be paid and the dates by which the charges must be paid. The commission will provide written notice to each person subject to a regulatory cost charge for geothermal wells of the person's regulatory cost charge for geothermal wells and payment dates.  
    	(e)  The commission will not determine or adjust previously determined regulatory cost charges for geothermal wells based on fluid volume reports that are filed or amended, or on other fluid volume corrections that are made, after the deadline under (b) of this section for responding to the commission's notice of proposed regulatory cost charges for geothermal wells, except if the commission finds that  
    		(1) a person has grossly under-reported the person's Vgop, as defined in 20 AAC 25.720(a);  
    		(2) under-reporting as described in (1) of this subsection caused or will cause others' regulatory cost charges for geothermal wells to be materially excessive; and  
    		(3) correcting the excessive regulatory cost charges for geothermal wells is in the public interest.  
    

Authorities

41.06.005;41.06.035;41.06.040;41.06.050;41.06.055

Notes