393.1009. As used in sections 393.1009 to 393.1015, the followingterms mean:
(1) "Appropriate pretax revenues", the revenues necessary to producenet operating income equal to:
(a) The gas corporation's weighted cost of capital multiplied by thenet original cost of eligible infrastructure system replacements, includingrecognition of accumulated deferred income taxes and accumulateddepreciation associated with eligible infrastructure system replacementswhich are included in a currently effective ISRS; and
(b) Recover state, federal, and local income or excise taxesapplicable to such income; and
(c) Recover all other ISRS costs;
(2) "Commission", the Missouri public service commission;
(3) "Eligible infrastructure system replacements", gas utility plantprojects that:
(a) Do not increase revenues by directly connecting theinfrastructure replacement to new customers;
(b) Are in service and used and useful;
(c) Were not included in the gas corporation's rate base in its mostrecent general rate case; and
(d) Replace or extend the useful life of an existing infrastructure;
(4) "Gas corporation", every corporation, company, association, jointstock company or association, partnership and person, their lessees,trustees or receivers appointed by any court whatsoever, owning, operating,controlling, or managing any gas plant operating for public use underprivilege, license, or franchise now or hereafter granted by the state orany political subdivision, county, or municipality thereof as defined insection 386.020, RSMo;
(5) "Gas utility plant projects" may consist only of the following:
(a) Mains, valves, service lines, regulator stations, vaults, andother pipeline system components installed to comply with state or federalsafety requirements as replacements for existing facilities that have wornout or are in deteriorated condition;
(b) Main relining projects, service line insertion projects, jointencapsulation projects, and other similar projects extending the usefullife or enhancing the integrity of pipeline system components undertaken tocomply with state or federal safety requirements; and
(c) Facilities relocations required due to construction orimprovement of a highway, road, street, public way, or other public work byor on behalf of the United States, this state, a political subdivision ofthis state, or another entity having the power of eminent domain providedthat the costs related to such projects have not been reimbursed to the gascorporation;
(6) "ISRS", infrastructure system replacement surcharge;
(7) "ISRS costs", depreciation expense and property taxes that willbe due within twelve months of the ISRS filing;
(8) "ISRS revenues", revenues produced through an ISRS exclusive ofrevenues from all other rates and charges.
393.1009. As used in sections 393.1009 to 393.1015, the followingterms mean:
(1) "Appropriate pretax revenues", the revenues necessary to producenet operating income equal to:
(a) The gas corporation's weighted cost of capital multiplied by thenet original cost of eligible infrastructure system replacements, includingrecognition of accumulated deferred income taxes and accumulateddepreciation associated with eligible infrastructure system replacementswhich are included in a currently effective ISRS; and
(b) Recover state, federal, and local income or excise taxesapplicable to such income; and
(c) Recover all other ISRS costs;
(2) "Commission", the Missouri public service commission;
(3) "Eligible infrastructure system replacements", gas utility plantprojects that:
(a) Do not increase revenues by directly connecting theinfrastructure replacement to new customers;
(b) Are in service and used and useful;
(c) Were not included in the gas corporation's rate base in its mostrecent general rate case; and
(d) Replace or extend the useful life of an existing infrastructure;
(4) "Gas corporation", every corporation, company, association, jointstock company or association, partnership and person, their lessees,trustees or receivers appointed by any court whatsoever, owning, operating,controlling, or managing any gas plant operating for public use underprivilege, license, or franchise now or hereafter granted by the state orany political subdivision, county, or municipality thereof as defined insection 386.020, RSMo;
(5) "Gas utility plant projects" may consist only of the following:
(a) Mains, valves, service lines, regulator stations, vaults, andother pipeline system components installed to comply with state or federalsafety requirements as replacements for existing facilities that have wornout or are in deteriorated condition;
(b) Main relining projects, service line insertion projects, jointencapsulation projects, and other similar projects extending the usefullife or enhancing the integrity of pipeline system components undertaken tocomply with state or federal safety requirements; and
(c) Facilities relocations required due to construction orimprovement of a highway, road, street, public way, or other public work byor on behalf of the United States, this state, a political subdivision ofthis state, or another entity having the power of eminent domain providedthat the costs related to such projects have not been reimbursed to the gascorporation;
(6) "ISRS", infrastructure system replacement surcharge;
(7) "ISRS costs", depreciation expense and property taxes that willbe due within twelve months of the ISRS filing;
(8) "ISRS revenues", revenues produced through an ISRS exclusive ofrevenues from all other rates and charges.
393.1009. As used in sections 393.1009 to 393.1015, the followingterms mean:
(1) "Appropriate pretax revenues", the revenues necessary to producenet operating income equal to:
(a) The gas corporation's weighted cost of capital multiplied by thenet original cost of eligible infrastructure system replacements, includingrecognition of accumulated deferred income taxes and accumulateddepreciation associated with eligible infrastructure system replacementswhich are included in a currently effective ISRS; and
(b) Recover state, federal, and local income or excise taxesapplicable to such income; and
(c) Recover all other ISRS costs;
(2) "Commission", the Missouri public service commission;
(3) "Eligible infrastructure system replacements", gas utility plantprojects that:
(a) Do not increase revenues by directly connecting theinfrastructure replacement to new customers;
(b) Are in service and used and useful;
(c) Were not included in the gas corporation's rate base in its mostrecent general rate case; and
(d) Replace or extend the useful life of an existing infrastructure;
(4) "Gas corporation", every corporation, company, association, jointstock company or association, partnership and person, their lessees,trustees or receivers appointed by any court whatsoever, owning, operating,controlling, or managing any gas plant operating for public use underprivilege, license, or franchise now or hereafter granted by the state orany political subdivision, county, or municipality thereof as defined insection 386.020, RSMo;
(5) "Gas utility plant projects" may consist only of the following:
(a) Mains, valves, service lines, regulator stations, vaults, andother pipeline system components installed to comply with state or federalsafety requirements as replacements for existing facilities that have wornout or are in deteriorated condition;
(b) Main relining projects, service line insertion projects, jointencapsulation projects, and other similar projects extending the usefullife or enhancing the integrity of pipeline system components undertaken tocomply with state or federal safety requirements; and
(c) Facilities relocations required due to construction orimprovement of a highway, road, street, public way, or other public work byor on behalf of the United States, this state, a political subdivision ofthis state, or another entity having the power of eminent domain providedthat the costs related to such projects have not been reimbursed to the gascorporation;
(6) "ISRS", infrastructure system replacement surcharge;
(7) "ISRS costs", depreciation expense and property taxes that willbe due within twelve months of the ISRS filing;
(8) "ISRS revenues", revenues produced through an ISRS exclusive ofrevenues from all other rates and charges.
