Test Year (TY) 2025 A.24-09-010Docket 

On September 20, 2024, Liberty Utilities (CalPeco Electric) LLC filed TY 2025 GRC Application A.24-09-010 requesting authority to increase its authorized revenues for electric service, establish marginal costs, allocate revenues, and design rates as of January 1, 2025. Based on the application, Liberty seeks approval of a proposed Test Year 2025 base revenue requirement of $247.920 million (reflecting an overall revenue increase of $39.773 million or 19.1 %), a rate of return on rate base of 8.568 %, a 11.0 % return on equity (ROE), and a capital structure of 47.5 % debt and 52.5 % equity, among other requests. Liberty’s proposed revenue would result in a 20.6 % bill increase, or approximately $37.51 per month, for an average-use residential customer.

  

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