October 25, 2021

Volume XI, Number 298

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October 22, 2021

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Colorado Public Utilities Commission (CPUC) Sides with Colorado Natural Gas, Inc. and Grants 10.95% ROE in Rate Case

On October 16, 2013, the Colorado Public Utilities Commission (CPUC) upheld the September 3, 2013 decision by an Administrative Law Judge that approved a $3.8 million rate increase for Colorado Natural Gas, Inc. (CNG) in a contested rate case docket. The rate increase was accompanied by the CPUC’s authorization of a 10.95% return on equity (ROE) which is the highest authorized ROE approved by the CPUC in several years. The approved ROE had been opposed by the CPUC’s Trial Staff, which filed exceptions to the September 3, 2013 decision that led to the CPUC affirming the decision in full.

The Administrative Law Judge acknowledged the unique characteristics of CNG in approving the ROE, noting that the approved ROE is based upon general economic conditions and financial market trends and reflects the maturity of CNG as a regulated utility.

The other issues in the docket were resolved by settlement among the parties and included a consolidation of rate areas (a move toward single-tariff pricing), a change from volume-based to therm-based rates for the Eastern Colorado Division, an adjustment for rate case expenses, and a 3-year stay-out before filing a new base rate case.

©2021 All Rights Reserved. Lewis Roca Rothgerber LLPNational Law Review, Volume III, Number 295
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About this Author

Mark Davidson, public utilities, energy, attorney, Lewis Roca Rothergerber
Special Counsel

Mr. Davidson's approach to practicing in public utilities law has been ‎developed by having represented all facets of utility regulation ‎including utilities, their customers, and the agency that regulates ‎them. He has practiced before regulatory agencies in Colorado, ‎Louisiana, Washington and Wyoming. As the country moves toward ‎more renewable energy alternatives, his representation of solar and ‎wind energy service providers will be at the forefront of our energy ‎economy both in Colorado and across the nation.‎

303-628-9577
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