Florida Public Service Commission native order document 03530-2026

FILED 6/15/2026
DOCUMENT NO. 03530-2026
FPSC 	- COMMISSION CLERK
BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION
In re: Proposed amendment of Rules 25-
30. 115, Uniform System of Accounts for
Water and Wastewater Utilities; 25-30.033,
Application for Original Certificate of
Authorization and Initial Rates and Charges;
25-30.037, Application for Authority to
Transfer; 25-30.0372, Alternative Procedure
for Establishing Rate Base Value of Acquired
Utility System; 25-30.1 10, Records and
Reports, Annual Reports; 25-30.140,
Depreciation; 25-30.433, Rate Case
Proceedings; 25-30.444, Utility Reserve Fund;
and 25-30.445, General Information and
Instructions Required of Water and
Wastewater Utilities in an Application for a
Limited Proceeding. _
DOCKET NO. 20260022-WS
ORDER NO. PSC-2026-0214-NOR-WS
ISSUED: June 	15, 2026
The following Commissioners participated in the disposition of this matter:
GABRIELLA PASSIDOMO SMITH, Chairman
GARY F. CLARK
MIKE LA ROSA
BOBBY PAYNE
ANA ORTEGA
NOTICE OF PROPOSED RULES
BY THE COMMISSION:
NOTICE 	is hereby given 	that pursuant 	to 	Section 	120.54, 	Florida 	Statutes, 	the 	Florida
Public Service Commission, has proposed the amendment of the following Rules:
25-30.1 15, F.A.C.,
25-30.033, F.A.C.,
25-30.037, F.A.C.,
25-30.0372, F.A.C.,
25-30.110, F.A.C.,
25-30.140, F.A.C.,
Uniform System of Accounts for Water and Wastewater Utilities
Application 	for 	Original 	Certificate 	of Authorization 	and 	Initial
Rates and Charges
Application for Authority to Transfer
Alternative 	Procedure 	for 	Establishing 	Rate 	Base 	Value 	of
Acquired Utility System
Records and Reports; Annual Reports
Depreciation

ORDER NO. PSC-2026-0214-NOR-WS
DOCKET NO. 20260022- WS
PAGE 2
25-30.433, F.A.C.,
25-30.444, F.A.C.,
25-30.445, F.A.C.,
Rate Case Proceedings
Utility Reserve Fund; and
General 	Information 	and 	Instructions 	Required 	of 	Water 	and
Wastewater Utilities in an Application for a Limited Proceeding
The attached Notice of Proposed Rules appeared 	in the June 	15, 2026 	edition (Vol. 	52,
Number 115) of the Florida Administrative Register.
If timely requested, a hearing will be held 	at a time and place to be announced in a future
notice.
Requests 	for 	hearing 	on 	the 	proposed 	rules, 	information 	regarding 	the 	statement 	of
estimated regulatory costs, or proposals for a lower cost regulatory alternative 	must be provided
in writing and received by the Office of Commission Clerk, Florida Public Service Commission,
2540 Shumard Oak Boulevard., Tallahassee, FL 32399-0862, no 	later than July 	7, 2026.
By ORDER of the Florida Public Service Commission this 15th day of June, 2026 	.
Mi—Commission Clerk
Florida PublicService Commission
2540 Shumard Oak Boulevard
Tallahassee, Florida 32399
(850)413-6770
www.floridapsc.com
Copies 	furnished: A 	copy 	of 	this 	document 	is
provided 	to 	the 	parties 	of record 	at 	the 	time 	of
issuance and, 	if applicable, interested persons.
JLA

ORDER NO. PSC-2026-0214-NOR-WS
DOCKET NO. 20260022-WS
PAGE 3
Notice of Proposed Rule
PUBLIC SERVICE COMMISSION
RULE NOS.: RULE TITLES:
25-30.033 	Application for Original Certificate of Authorization and Initial Rates and
Charges
25-30.037 	Application for Authority to Transfer
25-30.0372 	Alternative Procedure for Establishing Rate Base Value of Acquired Utility
System
25-30.110 	Records and Reports; Annual Reports
25-30.115 	Uniform System of Accounts for Water and Wastewater Utilities
25-30.140 	Depreciation
25-30.433 	Rate Case Proceedings
25-30.444 	Utility Reserve Fund
25-30.445 	General Information and Instructions Required of Water and Wastewater Utilities
in an Application for a Limited Proceeding
PURPOSE AND EFFECT: To update and clarify the rules, including to incorporate current
Uniform System of Accounts references, as well as to effectuate the statutory rule review
mandated by 120.5435, F.S.
Docket No. 20260022-WS
SUMMARY: These proposed amended rules incorporate and implement the current National
Association of Regulatory Utility Commissioners Uniform System of Accounts for Water
Utilities and the National Association of Regulatory Utility Commissioners Uniform System of
Accounts for Wastewater Utilities (collectively, NARUC USOA), update the Commission forms
which reference the NARUC USOA and which are incorporated by reference in the rules, update
the reference to a current version of a Code of Federal Regulations provision, and provide
necessary updates to conform to Commission practice and procedure.
SUMMARY 	OF 	STATEMENT 	OF 	ESTIMATED 	REGULATORY 	COSTS 	AND
LEGISLATIVE RATIFICATION:
The Agency has determined that this will not have an adverse impact on small business or likely
increase directly or indirectly regulatory costs in excess of $200,000 in the aggregate within one
year after the implementation of the rule. A SERC has been prepared by the Agency.
The 	SERCs 	can 	be 	viewed 	in 	their 	entirety 	on 	the 	Commission’s 	website 	at
https://www.floridapsc.com/pscfiles/library/filings/2026/03316-2026/03316-2026.pdf. 	The
SERCs examined the factors required by Section 120.541(2), F.S., and concluded that the
proposed rules will not likely increase regulatory costs, including any transactional costs or have
an adverse impact on business competitiveness, productivity, or innovation in excess of $1
million in the aggregate within five years of implementation. The proposed rules would have no
impact on small business, would have no implementation cost to the Commission or other state
and local government entities, and would have no impact on small cities or counties.

ORDER NO. PSC-2026-0214-NOR-WS
DOCKET NO. 20260022-WS
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The Agency has determined that the proposed rule is not expected to require legislative
ratification based on the statement of estimated regulatory costs or if no SERC is required, the
information expressly relied upon and described herein: based upon the information contained in
the SERC.
Any person who wishes to provide information regarding a statement of estimated regulatory
costs, or provide a proposal for a lower cost regulatory alternative must do so in writing within
21 days of this notice.
RULEMAKING 	AUTHORITY: 	350.127(2), 	367.081(2)(c), 	367.0811(11), 	367.0812(5),
367.121, 367.121(1), 367.121(1)(a), 367.121(1)(b), 367.121(1)(f), 367.1213, 367.0814, F.S.
LAW IMPLEMENTED: 350.115, 350.127(2), 367.031, 367.045, 367.071, 367.081, 367.081(2),
367.081(2)(c), 367.0811, 367.0812, 367.0812(1), 367.0814, 367.0822, 367.121, 367.121(1),
367.121(1)(a), 367.121(b), 367.1213, 367.145(2), 367.156(1), F.S.
IF REQUESTED WITHIN 21 DAYS OF THE DATE OF THIS NOTICE, A HEARING WILL
BE SCHEDULED AND ANNOUNCED IN THE FAR.
THE PERSON TO BE CONTACTED REGARDING THE PROPOSED RULE IS: Jennifer
Augspurger, Office of General Counsel, 2540 Shumard Oak Boulevard, Tallahassee, FL 32399-
0850, (850)413-6199, jaugspur@psc.state.fl.us.
THE FULL TEXT OF THE PROPOSED RULE IS:
25-30.033 Application for Original Certificate of Authorization and Initial Rates and
Charges.
(1) Each applicant for an original certificate of authorization and initial rates and charges
must shall file with the Commission Clerk the information set forth in paragraphs (a) through (q).
Form PSC 1001 (06/26) (12/15), entitled “Application for Original Certificate of Authorization
for a Proposed or Existing System Requesting Initial Rates and Charges,” which is incorporated
by reference in this rule and is available at https://flrules.org/Gateway/reference.asp?No=Ref-
19629 http://www.flrules.org/Gateway/reference.asp?No=Ref-06237, is an example application
that may be completed by the applicant and filed with the Office of Commission Clerk to comply
with this subsection. This form is also available on the Commission’s website at Web site,
www.floridapsc.com.
(a) through (c) No change.
(d) The nature of the utility’s business organization, i.e., corporation, limited liability
company, partnership, limited partnership, sole proprietorship, or association. The applicant must
provide 	documentation 	from 	the Florida 	Department 	of 	State, 	Division 	of 	Corporations,
showing:
1. The utility’s business name and registration/document number for the business, unless
operating as a sole proprietor, and,
2. No change.
(e) No change.
(f) No change.

ORDER NO. PSC-2026-0214-NOR-WS
DOCKET NO. 20260022-WS
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(g) A statement indicating whether the application is for water, wastewater, or both. If the
applicant is applying for water or wastewater only, the statement must shall include how the
other service is provided;
(h) To demonstrate the necessary financial ability of the applicant to provide service to the
proposed service area, the applicant must shall provide:
1. A detailed financial statement (balance sheet and income statement), audited if available,
of the financial condition of the applicant, which shows all assets and liabilities of every kind
and character. The financial statements must shall be for the preceding calendar or fiscal year.
The financial statement must shall be prepared in accordance with Rule 25-30.115, F.A.C. If
available, a statement of the sources and uses of funds must shall also be provided; and,
2. A list of all entities, including affiliates, upon which the applicant is relying to provide
funding to the utility and an explanation of the manner and amount of such funding. The list need
not include any person or entity holding less than 5 percent ownership interest in the utility. The
applicant must shall provide copies of any financial agreements between the listed entities and
the utility and proof of the listed entities’ ability to provide funding, such as financial statements;
(i) To demonstrate the technical ability of the applicant to provide service, the applicant must
shall provide:
1. through 2. No change.
3. A copy of the most recent DEP and/or county health department sanitary survey, compliance inspection
report, and secondary standards drinking water report; and,
4. No change.
(j) To describe the proposed service area, the applicant must shall provide:
1. No change.
2. A detailed system map showing the existing and proposed lines and treatment facilities, with the territory
proposed to be served plotted thereon, consistent with the legal description provided in subparagraph (j)1. above.
The map must shall be of sufficient scale and detail to enable correlation with the description of the territory
proposed to be served; and,
3. No change.
(k) To demonstrate the need for service in the proposed area, the applicant must shall
provide:
1. The number of customers currently being served and proposed to be served, by customer
class and meter size, including a description of the types of customers currently being served and
anticipated to be served, i.e., single family homes, mobile homes, duplexes, golf course
clubhouse, or commercial. If the development will be in phases, this information must shall be
separated by phase;
2. No change.
3. The current land use designation of the proposed service territory as described in the local
comprehensive plan at the time the application is filed. If the proposed development will require
a revision to the comprehensive plan, describe the steps taken and to be taken to facilitate those
changes, including changes needed to address the proposed need for service; and,
4. No change.
(l) No change.

ORDER NO. PSC-2026-0214-NOR-WS
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(m) Documentation of the utility’s right to access and continued use of the land upon which
the utility treatment facilities are or will be located. Documentation of continued use must shall
be in the form of a recorded warranty deed, recorded quit claim deed accompanied by title
insurance, recorded lease (such as a 99-year lease), or recorded easement. To satisfy this
requirement, the The applicant may submit an unrecorded copy of the instrument granting the
utility’s right to access and continued use of the land upon which the utility treatment facilities
are or will be located, provided the applicant files a recorded copy within the time required in the
order granting the certificate;
(n) A description of the separate capacities of the existing and proposed lines and treatment
facilities in terms of equivalent residential connections (ERCs) and gallons per day estimated
demand per ERC for water and wastewater and the basis for such estimate. If the development
will be in phases, this information must shall be separated by phase;
(o) No change.
(p) To support the proposed rates and charges, the applicant must shall provide:
1. The existing and projected cost of the system(s) and associated depreciation by year until
design capacity is reached using the NARUC USOA National Association of Regulatory Utility
Commissioners (NARUC) 1996 Uniform System of Accounts (USOA), which is incorporated by
reference in Rule 25-30.115, F.A.C. The applicant must shall identify the year that 80 percent of
design capacity is anticipated. If the utility will be built in phases, this applies shall apply only to
the first phase;
2. 	The 	existing 	and 	projected 	annual 	contributions-in-aid-of-construction 	(CIAC) 	and
associated amortization by year, including a description of the assumptions regarding customer-
growth customer growth projections, using the same projections used in subparagraph (1)(k)1.
above, for the proposed service area. The projected CIAC must shall identify cash and property
contributions and amortization at 100 percent of design capacity and identify the year when 80
percent of design capacity is anticipated. The projected CIAC must shall be consistent with the
service-availability service availability policy and the charges in the proposed tariff provided in
paragraph (q), below, the schedule provided in subparagraph (1)(p)6., below, and the CIAC
guidelines in Rule 25-30.580, F.A.C. If the utility will be built in phases, this applies shall apply
only to the first phase;
3. A schedule showing the projected capital structure including the methods of financing the
construction and operation of the utility until the utility reaches 80 percent of the design capacity
of the system. If the utility will be built in phases, this applies shall apply only to the first phase;
4. The current annual operating expenses and the projected annual operating expenses at 80
percent of design capacity using the NARUC USOA, incorporated by reference in Rule 25-
30.115, F.A.C. If the utility will be built in phases, this applies shall apply only to the first phase;
5. No change.
6. A schedule showing how the proposed service availability policy and charges were
developed, including meter installation, main extension, and plant capacity charges, and
proposed donated property; and,

ORDER NO. PSC-2026-0214-NOR-WS
DOCKET NO. 20260022-WS
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7. A schedule showing how the customer deposits and miscellaneous service charges were
developed, 	including 	initial 	connection, 	normal 	reconnection, 	violation 	reconnection, 	and
premises visit fees, consistent with Rules 25-30.311 and 25-30.460, F.A.C.; and,
(q) A tariff containing all rates, classifications, charges, rules, and regulations which must
shall be consistent with Chapter 25-9, F.A.C. Form PSC 1010 (06/26) (12/15), entitled “Water
Tariff,” 	which 	is 	incorporated 	by 	reference 	in 	this 	rule 	and 	is 	available 	at
http://flrules.org/Gateway/reference.asp?No=Ref-19634,
http://www.flrules.org/Gateway/reference.asp?No=Ref-06247 	and 	Form 	PSC 	1011 	(06/26)
(12/15), entitled “Wastewater Tariff,” which is incorporated by reference in this rule and is
available 	at 	http://flrules.org/Gateway/reference.asp?No=Ref-19635
http://www.flrules.org/Gateway/reference.asp?No=Ref-06248, are example tariffs that may be
completed by the applicant and included in the application. These forms may also be obtained
from the Commission’s website at, www.floridapsc.com.
(2) The base facility and usage rate structure, (as defined in subsection 25-30.437(5), F.A.C.,)
must shall be utilized for metered service, unless an alternative rate structure is supported by the
applicant and authorized by the Commission.
(3) A return on common equity must shall be established using the current equity leverage
formula established by order of this Commission pursuant to Section 367.081(4), F.S., unless
there is competent substantial evidence supporting the use of a different return on common
equity.
(4) Utilities obtaining original certificates of authorization pursuant to this rule are authorized
to accrue allowance for funds used during construction (AFUDC) for projects found eligible
pursuant to subsection 25-30.116(1), F.A.C.
(a) The applicable AFUDC rate will shall be determined as the utility’s projected weighted
cost of capital as demonstrated in its application for original certificate and initial rates and
charges.
(b) A discounted monthly AFUDC rate calculated in accordance with subsection 25-
30.116(3), F.A.C., will shall be used to ensure insure that the annual AFUDC charged does not
exceed authorized levels.
(c) The date the utility begins shall begin to charge the AFUDC rate must shall be the date
the certificate of authorization is issued to the utility so that such rate can apply to the initial
construction of the utility facilities.
Rulemaking Authority 350.127(2), 367.121, 367.1213 FS. Law Implemented 367.031, 367.045, 367.1213 FS. History–New 1-27-
91, Amended 11-30-93, 1-4-16, 	.
25-30.037 Application for Authority to Transfer.
(1) This rule applies to any application for the transfer of an existing water or wastewater
utility, regardless of whether service is currently being provided. The application for transfer
may result in the transfer or cancellation of the seller’s existing certificate, amendment of the
buyer’s existing certificate or granting of an original certificate to the buyer, or a transfer of
majority organizational control of the utility.

ORDER NO. PSC-2026-0214-NOR-WS
DOCKET NO. 20260022-WS
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(a) If a transfer occurs prior to Commission approval, the utility must shall submit an
application for authority to transfer no later than 90 days after the sale closing date.
(b) 	When 	a 	utility 	applies 	for 	any 	of 	the 	following 	transfer 	authorizations 	by 	the
Commission, it must shall provide its application as prescribed in the appropriate subsection
below:
1. A transfer of a regulated utility to another regulated utility must shall be pursuant to
subsection (2), below;
2. A transfer of an exempt entity to a regulated utility must shall be pursuant to subsection
(3), below;
3. A transfer of a utility in a nonjurisdictional county to a regulated utility that results in a
system whose service transverses county boundaries must shall be pursuant to subsection (3),
below;
4. A change of majority organizational control of a regulated utility must shall be pursuant to
subsection (4), below; or
5. A transfer of a regulated utility to an exempt entity other than a governmental authority
must shall be pursuant to subsection (5), below.
(c) Form PSC 1005 (06/26) (12/15), entitled “Application for Transfer of Certificates or
Facilities from a Regulated Utility to Another Regulated Utility,” which is incorporated by
reference in this rule and which is available at http://flrules.org/Gateway/reference.asp?No=Ref-
19630 http://www.flrules.org/Gateway/reference.asp?No=Ref-06242, Form PSC 1006 (06/26)
(12/15), entitled “Application for Transfer of an Exempt Entity to a Regulated Utility, or
Transfer of a Utility in a Non-jurisdictional County to a Regulated Utility That Results in a
System Whose Service Transverses County Boundaries,” which is incorporated by reference in
this 	rule 	and 	which 	is 	available 	at 	http://flrules.org/Gateway/reference.asp?No=Ref-19631
http://www.flrules.org/Gateway/reference.asp?No=Ref-06243, Form PSC 1007 (06/26) (12/15),
entitled “Application for a Transfer of Majority Organizational Control of a Regulated Utility,”
which 	is 	incorporated 	by 	reference 	in 	this 	rule 	and 	which 	is 	available 	at
http://flrules.org/Gateway/reference.asp?No=Ref-19632
http://www.flrules.org/Gateway/reference.asp?No=Ref-06244, 	and 	Form 	PSC 	1008 	(06/26)
(12/15), entitled “Application for Transfer of Facilities from a Regulated Utility to an Exempt
Entity Other Than a Governmental Authority,” which is incorporated by reference in this rule
and 	which 	is 	available 	at 	http://flrules.org/Gateway/reference.asp?No=Ref-19633
http://www.flrules.org/Gateway/reference.asp?No=Ref-06245, 	are 	example 	applications 	that
may be completed by the applicant and filed with the Office of Commission Clerk to comply
with subsection (2), (3), (4), or (5), below, respectively. These forms may also be obtained from
the Commission’s website at, www.floridapsc.com.
(2) Transfer of a regulated utility to another regulated utility. Each applicant for transfer of
certificate of authorization, facilities or any portion thereof from a regulated utility to another
regulated utility must shall file with the Commission Clerk the information set forth in
paragraphs (a) through (v), below.
(a) through (b) No change.

ORDER NO. PSC-2026-0214-NOR-WS
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(c) The certificated name, address, telephone number, certificate number(s), authorized
representative, and, if available, the email address and fax number of the utility/seller;
(d) 	The 	complete 	name, 	address, 	telephone 	number, 	Federal 	Employer 	Identification
Number, authorized representative and, if available, the email address and fax number of the
buyer(s) and the new name of the utility if the buyer plans to operate under a different name;
(e) The name, address, telephone number, and if available, the email address and fax number
of the person in possession of the books and records when the application is filed;
(f) The nature of the buyer’s business organization, i.e., corporation, limited liability
company, partnership, limited partnership, sole proprietorship, or association. The buyer must
provide 	documentation 	from 	the Florida 	Department 	of 	State, 	Division 	of 	Corporations,
showing:
1. The utility’s/buyer’s business name and registration/document number for the business,
unless operating as a sole proprietor, and,
2. No change.
(g) through (h) No change.
(i) A copy of the contract for sale and all auxiliary or supplemental agreements. If the sale,
assignment, or transfer occurs prior to Commission approval, the contract must shall include a
provision stating that the contract is contingent upon Commission approval;
(j) The buyer must provide the following documentation of the terms of the transfer:
1. through 7. No change.
8. A statement that the utility’s books and records will be maintained using the NARUC
USOA 1996 National Association of Regulatory Utilities Commissioners (NARUC) Uniform
System of Accounts (USOA), incorporated by reference in Rule 25-30.115, F.A.C.; and,
9. No change.
(k) No change.
(l) To demonstrate the financial ability of the buyer to maintain and operate the acquired
utility, the buyer must shall provide:
1. A detailed financial statement (balance sheet and income statement), audited if available,
of the financial condition of the applicant, that shows all assets and liabilities of every kind and
character. The financial statements must shall be for the preceding calendar or fiscal year. The
financial statement must shall be prepared in accordance with Rule 25-30.115, F.A.C. If
available, a statement of the sources and uses of funds must shall also be provided; and,
2. A list of all entities, including affiliates, upon which the buyer is relying to provide
funding to the utility and an explanation of the manner and amount of such funding. The list need
not include any person or entity holding less than 5 percent ownership interest in the utility. The
applicant must shall provide copies of any financial agreements between the listed entities and
the utility and proof of the listed entities’ ability to provide funding, such as financial statements;
(m) To demonstrate the technical ability of the buyer to provide service, the buyer must shall
provide:
1. An explanation of the buyer’s experience in the water or wastewater industry; and,
2. No change.

ORDER NO. PSC-2026-0214-NOR-WS
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(n) No change.
(o) The proposed net book value of the system as of the date of the proposed transfer, and a
statement setting out the reasons for the inclusion of an acquisition adjustment, if one is
requested. If rate base has been established by this Commission, the buyer must provide the
docket, and the order number and. In addition, provide a schedule of all subsequent changes to
rate base;
(p) A statement from the buyer that it has obtained or will obtain copies of all of the federal
income tax returns of the seller from the date the utility was first established or the rate base was
last established by the Commission, whichever is later. If the tax returns have not been obtained,
the buyer must provide a description of the steps taken to obtain the tax returns;
(q) A statement from the buyer that after reasonable investigation, the system being acquired
appears to be in satisfactory condition and in compliance with all applicable standards set by the
Department of Environmental Protection (DEP) or, if the system is in need of repair or
improvement, has any outstanding Notice of Violation of any standard set by the DEP or any
outstanding consent orders with the DEP, the buyer must shall provide a description of the
repairs or improvements that have been identified, the governmental authority that required the
repairs or improvements, if applicable, the approximate cost to complete the repairs or
improvements, and any agreements between the seller and buyer regarding who will be
responsible for any identified repairs or improvements;
(r) The applicant must shall provide the following documents:
1. through 2. No change.
3. A copy of all of the utility’s correspondence with the DEP, county health department, and
water management district, including consent orders and warning letters, and the utility’s
responses to the same, for the past five years; and,
4. No change.
(s) Documentation of the utility’s right to access and continued use of the land upon which
the utility treatment facilities are located. Documentation of continued use must shall be in the
form of a recorded warranty deed, recorded quit claim deed accompanied by title insurance,
recorded lease (such as a 99-year lease), or recorded easement. To comply with this requirement,
tThe applicant may submit an unrecorded copy of the instrument granting the utility’s right to
access and continued use of the land upon which the utility treatment facilities are or will be
located, provided that the applicant files a recorded copy within the time required in the order
granting the transfer;
(t) No change.
(u) Tariff sheets reflecting any changes resulting from the transfer. Form PSC 1010 (06/26)
(12/15), entitled “Water Tariff,” and Form PSC 1011 (06/26) (12/15), entitled “Wastewater
Tariff,” which are incorporated by reference in Rule 25-30.033, F.A.C., are example tariffs that
may be completed by the applicant and included in the application. These forms are also
available on the Commission’s website at, www.floridapsc.com; and,
(v) No change.

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(3) For tTransfer of an exempt entity to a regulated utility, or transfer of a utility in a
nonjurisdictional county to a regulated utility that results in a system whose service transverses
county boundaries,. eEach applicant must shall file with the Commission the information set
forth in paragraphs (a) through (f), below:.
(a) through (b) No change.
(c) The requirements of paragraphs (2)(c) through, (d), (e), (f), (g), (h), (i), (j), (k), (l), (m),
(n), (o), (p), (q), (r), (s), (t), (u), and (v), above;
(d) No change.
(e) An explanation of when and under what authority the current rates and charges of the
exempt entity or utility in a nonjurisdictional county were established, if applicable; and,
(f) No change.
(4) A transfer of majority organizational control of a regulated utility. Each applicant for a
transfer of majority organizational control must shall file with the Commission the information
set forth in paragraphs (a) through (d), below:.
(a) through (b) No change.
(c) The requirements of paragraphs (2)(c), (d), (f), (i), (j), (k), (l), (m), (q), (t) and (u), above;
and,
(d) No change.
(5) A transfer of a regulated utility to an exempt entity other than a governmental authority.
Each applicant for a transfer of ownership of a regulated utility to an exempt entity other than a
governmental authority must shall file with the Commission Clerk the information set forth in
paragraphs (a) through (e), below:.
(a) through (b) No change.
(c) The requirements of paragraphs (2)(c), (d), (k), (l), (m), and (r), above;
(d) Documentation of the following terms of the transfer:
1. A copy of the contract for sale and all auxiliary or supplemental agreements. If the sale,
assignment, or transfer occurs prior to Commission approval, the contract must shall include a
provision stating that the contract is contingent upon Commission approval;
2. No change.
3. A statement regarding the disposition of customer deposits and interest thereon; and,
4. A statement regarding the disposition of any outstanding regulatory assessment fees, fines,
refunds, or annual reports; and,
(e) No change.
Rulemaking Authority 350.127(2), 367.121, 367.1213 FS. Law Implemented 367.071, 367.1213 FS. History–New 1-27-91,
Amended 11-30-93, 1-4-16, 	.
25-30.0372 Alternative Procedure for Establishing Rate Base Value of Acquired Utility
System.
(1) Definition. For the purposes of this rule, “Licensed Appraiser,” as referenced in Section
367.0811(4)(a), F.S., means a person who meets all the following criteria:
(a) Has certification as an Accredited Senior Appraiser by the American Society of
Appraisers (ASA), designation as a Certified Valuation Analyst by the National Association of

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Certified Valuators and Analysts (NACVA), designation as a Certified Business Appraiser by
the Institute of Business Appraisers (IBA), or designation as Accredited in Business Valuation
by the American Institute of Certified Public Accountants (AICPA), and
(b) Is in good standing with the ASA, NACVA, IBA, or AICPA.
(2) Appraisals.
(a) No change.
(b) The Executive Director of the Florida Public Service Commission, or their designee, will
randomly select choose the three licensed appraisers from the list of licensed appraisers
referenced in paragraph (2)(d) of this rule using computationally-generated random numbers. No
two of the selected appraisers may be employed by the same entity.
(c) through (d) No change.
(e) A licensed appraiser will be included on the Commission’s list of approved licensed
appraisers by submitting all of the following by email to appraiserlist@psc.state.fl.us or by mail
to the Office of the Commission Clerk, Florida Public Service Commission, 2540 Shumard Oak
Boulevard, Tallahassee, FL 32399-0850:
1. No change.
2. The name of any company with which the licensed appraiser is employed or associated;
and
3. Proof of the information required by subsection (1) above; and.
4. The expiration date of the certification or designation required by paragraph (1)(a) above.
(f) It is the responsibility of the licensed appraiser to ensure that correct and updated
information remains on file with the Commission. The licensed appraiser must submit updated
information by email to appraiserlist@psc.state.fl.us, or by mail to the Office of the Commission
Clerk, Florida Public Service Commission, 2540 Shumard Oak Boulevard, Tallahassee, FL
32399-0850, within 30 days of any change of information. If the Commission determines that a
person no longer meets the requirements to be a licensed appraiser on the Commission’s list, that
person will be removed from the list. Upon request and upon providing proof that the
requirements listed in subsection (1) above are met, a person will be added back to the list.
(g) The licensed appraiser can be removed from the list by submitting a request for removal
by email in writing to appraiserlist@psc.state.fl.us or by mail to the Office of the Commission
Clerk, Florida Public Service Commission, 2540 Shumard Oak Boulevard, Tallahassee, FL
32399-0850.
(3) Petition. Section 367.0811(5), F.S., sets forth the filing requirements a petition to
establish the rate base value must contain.
(a) through (b) No change.
(c) Form PSC 1035 (03/24), entitled “Water and/or Wastewater Cumulative Present Value of
the Revenue Requirements for Alternate Rate Base Worksheet” (CPVRR), which is incorporated
by 	reference 	in 	this 	rule 	and 	available 	at 	may 	be 	obtained 	from
http://www.flrules.org/Gateway/reference.asp?No=Ref-16589, must be included in the petition
to show the 5-year projected rate impact required by Section 367.0811(5)(e), F.S. The form can
also be found at www.floridapsc.com, or be obtained from the Office of the Commission Clerk,

ORDER NO. PSC-2026-0214-NOR-WS
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Florida Public Service Commission, 2540 Shumard Oak Boulevard, Tallahassee, Florida 32399-
0850.
(d) No change.
(e) The information filed under Section 367.0811(5)(e), F.S., must include the acquiring
utility’s proposed journal entries anticipated to result from the acquisition, including tax entries
and account numbers in conformance with the 1996 NARUC USOA Uniform System of
Accounts, which is incorporated by reference in Rule 25-30.115, F.A.C.
(f) No change.
(4) No change.
(5) Notice. At the time the petition is filed with the Commission, the acquiring utility must
provide a draft notice for review by Commission staff. Commission staff will review the draft
notice within 7 days. Once staff has approved the notice, the acquiring utility must provide
notice by U.S. Mail regular mail to the Office of Public Counsel and by either U.S. Mail regular
mail or personal service to each customer and owner of property located within the service area
for both the acquiring utility and the utility being acquired, to the extent the utilities’ customers
are within the Commission’s jurisdiction. The notice required by this rule may be combined with
the notice of Application for Authority to Transfer issued pursuant to Rule 25-30.030, F.A.C., or
for existing customers, the notice may be included in their next bill. The notice must contain:
(a) through (h) No change.
Rulemaking Authority 367.0811(11), FS. Law Implemented 367.0811, FS. History–New 5-15-24, Amended 	.
25-30.110 Records and Reports; Annual Reports.
(1) Records.
(a) Each utility must preserve its records in accordance with the National Association of
Regulatory Utility Commissioners “Regulations to Govern the Preservation of Records of
Electric, Gas and Water Utilities” as issued by the National Association of Regulatory Utility
Commissioners, as (revised October 2007), which is incorporated by reference in into this rule.
“Regulations to Govern the Preservation of Records of Electric, Gas and Water Utilities” is
copyrighted and may be inspected and examined at no cost at the Florida Public Service
Commission, 2540 Shumard Oak Boulevard, Tallahassee, Florida 32399-0850 or at the Florida
Department of State, R.A. Gray Building, 500 South Bronough Street, Tallahassee, Florida
32399. A copy may be obtained from the NARUC Store at www.naruc.org National Association
of Regulatory Utility Commissioners, 1101 Vermont Avenue, N.W., Suite 200, Washington,
D.C. 20005.
1. through 2. No change.
(b) through (c) No change.
(2) No change.
(3) Annual Reports: Filing Extensions. Each utility must file with the Commission annual
reports on the applicable form in subsection (4) of this rule. The obligation to file an annual
report for any year will apply to any utility which is subject to this Commission’s jurisdiction as

ORDER NO. PSC-2026-0214-NOR-WS
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of December 31 of that year, whether or not the utility has actually applied for or been issued a
certificate.
(a) The Commission will, by January 15 of each year, email a blank copy of the appropriate
annual report form to each utility company. A utility may request a hard copy of the forms in
subsection (4) of this rule from the Commission’s Division of Accounting and Finance. The
failure of a utility to receive a report form will not excuse the utility from its obligation to timely
file the annual report. The annual reports must be filed with the Commission, either by mail or
by email, on or before March 31 for the preceding year ending December 31. Annual reports
filed by email must be sent to AnnualReport@psc.state.fl.us. Annual reports filed by mail must
be sent to the Florida Public Service Commission, Division of Accounting and Finance, 2540
Shumard Oak Boulevard, Tallahassee, FL 32399-0850. to the Commission’s Division of
Accounting and Finance in Tallahassee.
(b) Annual reports are considered filed if they are properly addressed and emailed or mailed
with sufficient postage and postmarked, by no later than the due date. For annual reports sent by
registered mail, the date of the registration is the postmark date. For annual reports sent by
certified mail, the date on the receipt is the postmark date. The postmark is evidence that an
annual report was mailed delivered. However, Iif a utility’s annual report is not actually received
by the Commission’s Division of Accounting and Finance in Tallahassee, that utility must resend
it upon request, despite any prior presumption of delivery.
(c) No change.
(4) Annual Reports; Contents. The appropriate annual report form required from each utility
will be determined by using the same three classes of utilities used by the National Association
of Regulatory Utility Commissioners for publishing its system of accounts: Class A (those
having annual water or wastewater operating revenues of $1,750,000 $1,000,000 or more); Class
B (those having annual water or wastewater revenues of $350,000 $200,000, or more, but less
than $1,750,000 $1,000,000); and Class C (those having annual water or wastewater revenues of
less than $350,000 $200,000). The class to which a utility belongs will be determined by using
the higher of the average of its annual water or wastewater operating revenues for each of the last
three preceding years.
(a) Class A and B utilities must file the annual report on Commission Form PSC-1032
(06/26) (5/22), entitled “Class “A” or “B” Water and/or Wastewater Utilities (Gross Revenue
Revenues of More Than $350,000 Each $200,000 and more) Annual Report,” which is
incorporated 	by 	reference 	in 	into 	this 	rule 	and 	available 	at
http://flrules.org/Gateway/reference.asp?No=Ref-19636. 	This 	form 	is 	also 	available 	on 	the
Commission’s 	website 	at 	www.floridapsc.com 	may 	be 	obtained 	from
http://www.flrules.org/Gateway/reference.asp?No=Ref-15172.
(b) Class C utilities must file the annual report on Commission Form PSC 1033 (06/26)
(5/22), entitled “Class “C” Water and/or Wastewater Utilities (Gross Revenue Revenues of Lless
Tthan $350,000 $200,000 Eeach) Annual Report,” which is incorporated by reference in into this
rule and available at http://flrules.org/Gateway/reference.asp?No=Ref-19637. This form is also

ORDER NO. PSC-2026-0214-NOR-WS
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available 	on 	the 	Commission’s 	website 	at 	www.floridapsc.com 	may 	be 	obtained 	from
http://www.flrules.org/Gateway/reference.asp?No=Ref-15174.
(c) No change.
(5) As part of the annual report, each utility must verify the following in writing by the
utility’s chief executive officer and chief financial officer:
(a) Whether the utility is in substantial compliance with the NARUC USOA, incorporated by
reference in Uniform System of Accounts as prescribed by Rule 25-30.115, F.A.C.;
(b) through (d) No change.
(6) Delinquent Reports.
(a) No change.
(b) The penalty for delinquent reports will accrue based on the utility’s classification
established under subsection (4) of this rule, in the following manner for each day the report is
delinquent:
1. No change.
2. $13.50 per day for Class B utilities; and,
3. No change.
(c) No change.
(7) Incomplete Reports.
(a) No change.
(b) A report is incomplete if any of the schedules required by the following forms of this rule
are not completed:
1. Form PSC 1032 (06/26) (5/22) for Class A and B utilities;
2. Form PSC 1033 (06/26) (5/22) for Class C utilities.
(c) No change.
(8) No change.
Rulemaking Authority 350.127(2), 367.121 FS. Law Implemented 367.121, 367.156(1), 367.161 FS. History–New 9-12-74,
Amended 1-18-83, 2-25-85, 10-27-85, Formerly 25-10.25, 25-10.025, Amended 11-10-86, 12-22-86, 3-11-91, 11-13-95, 5-1-96,
12-14-99, 2-15-23, 	.
25-30.115 Uniform System of Accounts for Water and Wastewater Utilities.
Water and wastewater utilities must shall, effective January 1, 2027 1998, maintain their
accounts and records in conformity with the National Association of Regulatory Utility
Commissioners 1996 NARUC “Uniform System Systems of Accounts for Water Utilities”
(adopted October 8, 2024; corrected January 24, 2025) and the “Uniform System of Accounts for
Wastewater Utilities” (adopted November 13, 2024; corrected April 4, 2025 and August 27,
2025) (collectively, NARUC USOA), adopted by the National Association of Regulatory Utility
Commissioners, which is incorporated by reference in this rule. All inquiries related to the
interpretation of the NARUC USOA must these uniform systems of accounts shall be submitted
to the Commission’s Division of Accounting and Finance in writing. Copies of the NARUC
USOA may be inspected and examined at no cost at the Florida Public Service Commission,
2540 Shumard Oak Boulevard, Tallahassee, Florida 32399 or at the Florida Department of State,
R.A. Gray Building, 500 South Bronough Street, Tallahassee, Florida 32399. Note: The National

ORDER NO. PSC-2026-0214-NOR-WS
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Association 	of 	Regulatory 	Utility 	Commissioners 	published 	separate 	uniform 	systems 	of
accounts for three classes of water and wastewater utilities: Class A (defined as those having
annual water or wastewater operating revenues of $1,000,000 or more); Class B (defined as those
having annual water or wastewater operating revenues of $200,000 or more but less than
$1,000,000); Class C (defined as those having annual water or wastewater revenues of less than
$200,000). Copies of the NARUC USOA these systems of accounts may be purchased online
from the NARUC Store at www.naruc.org. the office of said Association, Publications, National
Association of Regulatory Utility Commissioners, 1101 Vermont Avenue, N.W., Suite 200,
Washington, D.C. 20005, at (202)898-2200, or at http://www.naruc.org/about.cfm?c=staff.
Rulemaking Authority 367.121(1)(b), (f) FS. Law Implemented 367.121(1)(b) FS. History–New 2-3-70, Amended 9-12-74, 1-2-
79, 8-21-79, 9-25-85, Formerly 25-10.04, 25-10.004, Amended 8-17-96, 	.
25-30.140 Depreciation.
(1) For the purpose of the rule, the following definitions apply:
(a) Account – Water and wastewater plant accounts are defined in the NARUC USOA,
incorporated by reference in Uniform System of Accounts adopted by Rule 25-30.115, F.A.C.
(b) through (e) No change.
(f) Average Service Life Depreciation Rate - The depreciation rate based on the expected
average service to be experienced by the investment or account in question.
A.S.L. Rate = 100% ‒ Average Net Salvage %
Average Service Life 	.
A.S.L. Rate = 100% ‒ Average Net Salvage %
Average Service Life
(g) Capitalization – Measures of the propriety of capitalization versus expensing as follows:
1. No change.
2. Any replacement with a retirement unit that materially enhances the value, use, life
expectancy, strength or capacity of the asset prior to replacement must shall be capitalized.
3. The cost of incidental repairs that neither materially add to the value of the property nor
appreciably prolong its life and that were made to keep the property in an ordinary efficient
operating condition must shall be accounted for as a maintenance expense.
(h) No change.
(i) Continuing Property Record (CPR) – A perpetual collection of records required by the
NARUC USOA, incorporated by reference in Rule 25-30.115, F.A.C., Uniform System of
Accounts showing the detailed original costs, quantities, and locations of plant in service.
Generally, a CPR should contain 1) an inventory of property record units which can be readily
checked for proof of physical existence, 2) the association of costs with such property record
units to ensure accurate accounting for retirements, and 3) the dates of installation and removal
of plant to provide data for use in connection with depreciation studies.
(j) through (l) No change.
(m) Depreciable Group – A homogeneous grouping of assets expected to experience similar
life and salvage patterns. Unless otherwise ordered by the Commission, depreciable groups are

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the accounts defined in the NARUC USOA, incorporated by reference in Uniform System of
Accounts adopted by Rule 25-30.115, F.A.C.
(n) through (cc) No change.
(2) The average service life and salvage components for each class of utility are as follows:
(a) through (b). No change.
(c) For the purposes of paragraphs (2)(a) and (b), the following apply:
1. through 4. No change.
5. 5 Franchise costs must shall be amortized over a period of 40 years unless a specific time
period is designated in the utility franchise agreement.
(3)(a) Average service life depreciation rates based on guideline lives and salvages must shall
be used in any Commission proceeding in which depreciation rates are addressed, except for
those utilities using depreciation rates in accordance with the requirements listed in subsections
(6) and (7) of this rule. A utility must shall also implement the applicable guideline rates for any
new plant to be placed in service.
(b) A utility may implement applicable guideline rates without specific approval by the
Commission. Guideline rates, if implemented for any account, must be implemented for all
accounts. If a utility implements applicable guideline rates outside of a rate proceeding, the
utility must shall provide written notification to the Director of Economics within 30 days of
such implementation.
(c) If guideline depreciation rates have been implemented, the rates must shall not be
changed unless approved by the Commission.
(4)(a) All Class A and B utilities must shall maintain depreciation rates and reserve activity
data by account as prescribed by this Commission.
(b) All Class C utilities must shall maintain depreciation rates and reserve activity data by
total depreciable plant, function or account as prescribed by this Commission.
(5) Computation of depreciation expense. Regulatory book depreciation expense must shall
be computed on a monthly basis in conformity with group depreciation accounting procedures.
(6)(a) At the time a utility applies for a change in its revenue rates and charges, it may also
petition for average service life depreciation rates different from those in the above schedule if it
can justify the service lives that the utility is proposing in lieu of the guideline lives. That
justification should be in the form of historic data, technical information or utility planning for
the affected accounts or sub-accounts. Common causes of need for different depreciation rates
include composition of account, adverse environmental conditions, high growth or regulatory
changes.
(b) A utility filing for such a revision of depreciation rates must shall submit six copies of the
filing to the office of the Office of Commission Clerk.
(c) For each account or function of depreciable plant addressed in the filing, the following
must shall be included:
1. A comparison of current and proposed depreciation rates and service lives. The proposed
effective date of the new rates must shall be identified.

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2. A comparison of depreciation expenses resulting from current rates with those produced
by the proposed rates. Plant balances used in this calculation must shall be those as of the
effective date of the proposed rates.
3. through 4. No change.
(7)(a) A Class A, B, or C utility may apply for guidelines for a proposal for implementation
of remaining life depreciation rates if the utility has maintained both plant activity data by
account and accumulated provision for depreciation (reserve) data by account, function or total
depreciable plant generally in accord with the applicable Uniform System of Accounts for either
at least ten years or since the inception of the utility, whichever is less.
(b) No change.
(8) No change.
(9)(a) Beginning with the year ending December 31, 2003, all Class A and B utilities must
shall maintain separate sub-accounts for: (1) each type of Contributions-in-Aid-of-Construction
(CIAC) charge collected including, but not limited to, plant capacity, meter installation, main
extension or system capacity; (2) contributed plant; (3) contributed lines; and (4) other
contributed plant not mentioned previously. Establishing balances for each new sub-account may
require an allocation based upon historical balances. Each CIAC sub-account must shall be
amortized in the same manner that the related contributed plant is depreciated. Separate sub-
accounts for accumulated amortization of CIAC must shall be maintained to correspond to each
sub-account for CIAC.
(b) Beginning with the year ending December 31, 2003, for Class C utilities, where adequate
CIAC records are maintained in sub-accounts, by type of charge or contributed plant, CIAC
amortization rates must shall be applied separately to each sub-account. Where CIAC records are
not kept by sub-account, a composite depreciation rate for total plant, excluding general plant,
must shall be applied to the entire CIAC account.
(c) Any composite rate used must shall be recalculated each year based on the applicable
plant balances and depreciation rates.
Rulemaking Authority 350.127(2), 367.121(1) FS. Law Implemented 350.115, 367.081(2), 367.121(1) FS. History–New 3-22-84,
Formerly 25-10.32, 25-10.032, Amended 11-10-86, 5-8-88, 11-21-95, 12-4-03, 5-29-08, 	.
25-30.433 Rate Case Proceedings.
In a rate case proceeding, the following provisions shall apply:.
(1) The Commission in every rate case will shall make a determination of the quality of
service provided by the utility by evaluating the quality of utility’s product (water) and the
utility’s attempt to address customer satisfaction (water and wastewater). In making this
determination, the Commission will shall consider:
(a) through (d) No change.
(e) Any utility testimony and responses to the information provided in paragraphs (1)(a)-(d),
above.
(2) In order to ensure safe, efficient, and sufficient service to utility customers, the
Commission will shall consider whether the infrastructure and operational conditions of the plant

ORDER NO. PSC-2026-0214-NOR-WS
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PAGE 19
and facilities are in compliance with Rule 25-30.225, F.A.C. In making this determination, the
Commission will shall consider:
(a) No change.
(b) Inspections, including sanitary surveys for water systems and compliance evaluation
inspections for wastewater systems, and; citations, violations and consent orders issued to the
utility;
(c) Any testimony, complaints and comments of the utility’s customers and others with
knowledge of the infrastructure and operational conditions of the utility’s plant and facilities;
and,
(d) Any utility testimony and responses to the information provided in paragraphs (2)(a)-(c),
above.
(3) Working capital for Class A utilities must shall be calculated using the balance sheet
approach. Working capital for Class B and C utilities must shall be calculated using the formula
method (one-eighth of operation and maintenance expenses).
(4) Used and useful debit deferred taxes must shall be offset against used and useful credit
deferred taxes in the capital structure. Any resulting net debit deferred taxes must shall be
included as a separate line item in the rate base calculation. Any resulting net credit deferred
taxes must shall be included in the capital structure calculation. No other deferred debits must
shall be considered in rate base when the formula method of working capital is used.
(5) The averaging method used by the Commission to calculate rate base and cost of capital
will shall be a 13-month average for Class A utilities and the simple beginning and end-of-year
average for Class B and C utilities.
(6) Non-used and useful adjustments will shall be applied to the applicable depreciation
expense. Property tax expense on non-used and useful plant will shall not be allowed.
(7) Charitable contributions will shall not be recovered through rates.
(8) Income tax expense will shall not be allowed for subchapter S corporations, partnerships
or sole proprietorships.
(9) Non-recurring expenses will shall be amortized over a 5-year period unless a shorter or
longer period of time can be justified.
(10) 	The 	amortization 	period 	for 	forced 	abandonment 	or 	the 	prudent 	retirement, 	in
accordance with the NARUC USOA, incorporated by reference in Rule 25-30.115, F.A.C.,
National Association of Regulatory Utility Commissioners Uniform System of Accounts, of
plant assets prior to the end of their depreciable life will shall be calculated by taking the ratio of
the net loss (original cost less accumulated depreciation and contributions-in-aid-of-construction
(CIAC) plus accumulated amortization of CIAC plus any costs incurred to remove the asset less
any salvage value) to the sum of the annual depreciation expense, net of amortization of CIAC,
plus an amount equal to the rate of return that would have been allowed on the net invested plant
that would have been included in rate base before the abandonment or retirement. This formula
will shall be used unless the specific circumstances surrounding the abandonment or retirement
demonstrate a more appropriate amortization period.

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(11) A utility is required to have the right of access and continued use of the land upon which
the utility treatment facilities are located. Documentation of continued use must shall be in the
form of a recorded warranty deed, recorded quit claim deed accompanied by title insurance,
recorded lease (such as a 99-year lease), or recorded easement.
(12) In establishing an authorized rate of return on common equity, a utility, in lieu of
presenting evidence, may use the current leverage formula adopted by Commission order. The
equity return established must shall be based on the equity leverage order in effect at the time the
Commission decides the case.
(13) No change.
(14) Interest expense to be included in the calculation of income tax expense must shall be
the amount derived by multiplying the amount of the debt components of the reconciled capital
structure times the average weighted cost of the respective debt components. Interest expense
must shall include an amount for the parent debt adjustment in those cases covered by Rule 25-
14.004, F.A.C. Interest must shall also be imputed on deferred investment tax credits in those
cases covered by 26 CFR Part 1, s. 1.46-6(b)(2)(i), (3) and (4)(ii) (April 7, 2008), incorporated
by 	reference 	herein 	and 	which 	may 	be 	accessed 	at
https://flrules.org/Gateway/reference.asp?No=Ref-19640 issued May 22, 1986, and effective for
property constructed or acquired on or after August 15, 1971.
Rulemaking Authority 350.127(2), 367.0812(5), 367.0814, 367.121, 367.1213 FS. Law Implemented 367.081, 367.0812(1),
367.0814, 367.0822, 367.1213 FS. History–New 11-30-93, Amended 12-14-93, 7-11-18, 	.
25-30.444 Utility Reserve Fund.
(1) PROJECT ELIGIBILITY. The following considerations must shall be applied in
determining whether a future infrastructure repair or replacement project of existing distribution
and collection infrastructure that is nearing the end of its useful life or is detrimental to water
quality or reliability of service is eligible for advance funding through a utility reserve fund and
whether a utility reserve fund is the most appropriate methodology to address the requested
project.
(a) The following projects are shall be eligible for a utility reserve fund:
1. Projects to repair or replace existing utility infrastructure that is nearing the end of its
useful life or is detrimental to water quality or reliability of service that is recorded in the
National Association of Regulatory Utility Commissioners (NARUC) Uniform System of
Accounts (NARUC USOA), water utility plant account numbers 304, 305, 306, 307, 308, 309,
310, 311, 320, 330, 331, 333, 334, 335, 336, 337, and 339, and wastewater utility plant account
numbers 354, 355, 360, 361, 362, 363, 364, 365, 366, 367, 368, 370, 371, 374, 375, 380, 381,
382, and 389, incorporated by reference in Rule 25-30.115, F.A.C.;
2. Future expenditures related to land or land rights recorded in NARUC USOA water utility
plant account number 303 or wastewater utility plant account number 353, incorporated by
reference in Rule 25-30.115, F.A.C., if the expenditure is necessary to the successful completion
of an eligible repair or replacement project;,
3. Upgrades or enhancements of existing facilities if it can be demonstrated that the upgrade
or enhancement is necessary to comply with federal, state, or local regulatory requirements, or

ORDER NO. PSC-2026-0214-NOR-WS
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provides a more cost-effective or more reliable alternative than an identical replacement, and that
the upgrade or enhancement is not designed solely to address future customer growth;,
4. through 5. No change.
(b) The following projects are shall not be eligible for a utility reserve fund:
1. Projects to repair or replace general plant that is not directly associated with the physical
operation of the utility’s water or wastewater systems that are recorded in NARUC USOA water
utility plant account numbers 340, 341, 342, 343, 344, 345, 346, 347, and 348, and wastewater
utility plant account numbers 390, 391, 392, 393, 394, 395, 396, 397, and 398, incorporated by
reference in Rule 25-30.115, F.A.C.;
2. Expenditures related to NARUC USOA water utility plant accounts 301 and 302, and
wastewater utility plant accounts 351 and 352, incorporated by reference in Rule 25-30.115,
F.A.C., which cover organization and franchise related expenditures;,
3. Expenditures related to land or land rights recorded in NARUC USOA water utility plant
account number 303 or wastewater utility plant account number 353, incorporated by reference
in Rule 25-30.115, F.A.C., if the expenditure is necessary solely to meet future customer
growth;, or
4. No change.
(c) When evaluating whether the utility’s request to create a utility reserve fund is the most
appropriate 	methodology 	to 	address 	the 	utility’s 	eligible 	future 	infrastructure 	repair 	and
replacement projects, the following additional factors will be considered:
1. 	Whether 	the 	anticipated 	completion 	date 	of 	the 	project 	allows 	sufficient 	time 	to
accumulate the funds necessary to fund the project;,
2. Whether the anticipated completion date is within 24 months of the end of the historic test
year used in a jointly filed rate application, if applicable, thereby making the project eligible for
consideration as a pro forma project in the rate proceeding pursuant to Section 367.081(2)(a)2.,
F.S.;,
3. Whether the contributions-in-aid-of-construction that will result from the utility reserve
fund will cause the utility to exceed the service availability policy guidelines provided in Rule
25-30.580, F.A.C.;,
4. Whether any of the eligible projects included in the utility reserve fund will result in the
complete elimination of either the water or wastewater treatment process;,
5. Whether it has been more than seven years since the utility’s last rate case, if the request is
filed as a stand-alone application or in conjunction with a limited proceeding;, or
6. No change.
(2) UTILITY RESERVE FUND FILING REQUIREMENTS. Each applicant that requests
approval to create a utility reserve fund must shall provide the following information to the
Commission. The request may be filed as a stand-alone application or in conjunction with an
application for rate increase filed pursuant to Section 367.081(2)(a), 367.0814, or 367.0822, F.S.
If the request is filed in conjunction with an application for rate increase that also requires the
applicant’s general information, paragraphs (2)(a), (b), and (c), may be omitted from the utility
reserve fund portion of the joint application. A utility that qualifies for staff assistance as

ORDER NO. PSC-2026-0214-NOR-WS
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provided by subsection 25-30.455(1), F.A.C., may also request assistance with the utility reserve
fund process.
(a) through (d) No change.
(e) A capital improvement plan that includes: a general description of the age and condition
of the utility’s facilities; a description of all infrastructure repair or replacement projects that the
utility anticipates will be necessary within the next five years, at a minimum, even if some
projects will not be included in the utility reserve fund; and the following information for each
infrastructure repair or replacement project that the utility requests be included in the utility
reserve fund:
1. A description of each plant asset that will be repaired or replaced, including the NARUC
USOA account number for each asset, incorporated by reference in Rule 25-30.115, F.A.C.;
2. The date each asset was originally placed into service or an estimate of the age of the plant
asset(s) as reflected in the utility’s depreciation records if the original service date is unknown;,
3. A detailed description of the reason(s) each repair or replacement project is necessary to
maintain or improve the quality or reliability of the water or wastewater service, including
whether any asset will be replaced prior to the end of its average service life as provided by Rule
25-30.140, F.A.C.;,
4. If the repair or replacement project is required by a governmental or regulatory agency,
include a copy of the rule, regulation, order, or other regulatory directive that requires the repair
or replacement;,
5. The projected cost to repair or replace each asset, and documentation that supports the
utility’s calculation of the projected cost. The utility must shall make all reasonable efforts to
obtain at least three comparative cost estimates for each requested project. Acceptable forms of
projected cost documentation are: an estimate by a professional engineer or other person
knowledgeable in design and construction of water and wastewater plants; a bid from a vendor or
service provider that includes a description of all work to be completed and an itemized list of all
costs associated with the project; vendor information regarding the purchase price of plant
components that will be purchased directly by the utility and labor estimates for work that will be
performed on the project by a utility employee or contractual service provider, along with a
statement that confirms that the employee’s or contractual service provider’s work on the project
is not included in their normal duties; or other information that shows a detailed and verifiable
estimate of the projected cost. If the utility is unable to obtain three cost estimates for each
project, the utility must shall provide a statement explaining what steps the utility took to obtain
the estimates, why the utility was unable to obtain three estimates, and any responses received
from any contractors solicited;,
6. Detailed specifications for each asset that can be used to verify the projected repair or
replacement cost, such as type, size, quantity, or quality of the materials used to complete the
repair or replacement of the asset. If the type, size, quantity, or quality of the components used to
make the repair or replacement will be materially different than the plant asset(s) being repaired
or replaced, describe the specific differences and why the change is either necessary or provides
a better resolution for the repair or replacement;,

ORDER NO. PSC-2026-0214-NOR-WS
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7. If the repair or replacement will change the design of the system, include a statement
explaining how the design of the system will change and why the change is either necessary or
will provide a better resolution for the repair or replacement;,
8. A description of any alternatives to the proposed infrastructure repair or replacement
project that the utility considered, such as new technologies or interconnection with another
utility system, and why the proposed project was determined to be the most cost-effective option
or will provide a better resolution for the repair or replacement;,
9. If the infrastructure that is being replaced was subject to a non-used and useful adjustment
in the utility’s last rate proceeding, include a statement explaining whether the utility considered
reducing the size of the replacement infrastructure to better match the utility’s capacity needs and
the results of that analysis;,
10. A description of any expense increases or decreases that the utility anticipates will occur
following completion of the infrastructure repair or replacement project; and,
11. No change.
(f) through (h) No change.
(i) Revised tariff sheets incorporating the utility reserve fund surcharge into the tariff. The
utility must shall show the utility reserve fund surcharge as a separate charge in its tariff and on
its customer bills.
(j) through (m) No change.
(3) REPORTING REQUIREMENTS. Any utility that receives approval from or is required
by the Commission to create a utility reserve fund must keep an accurate and detailed account of
all monies and report to the Commission all monies it receives from the utility reserve fund
surcharge. The reporting requirement must shall begin when the utility’s reserve fund surcharge
tariff becomes effective. The utility must file periodic reports as follows:
(a) The utility must shall file a report with the Commission Clerk’s office no later than the
20th of every month indicating the monthly and total amount of money deposited into, and
monthly and total amount of disbursements made from the utility reserve fund as of the end of
the preceding month. If the utility bills its customers less frequently than once a month, this
reporting requirement may be modified to match the utility’s normal billing frequency. A copy
of a bank statement that separately identifies the utility reserve fund deposits and disbursements
may serve as the monthly report.
(b) At least once every six months, the utility must shall also report the status of all eligible
projects included in the utility reserve fund for which work was performed during the last six
months, including the actual start date, the estimated or actual completion date, the costs incurred
during the last six months, and the total cost for any projects completed during the last six
months.
(c) The reports must shall continue as long as the utility reserve fund is in effect and until all
funds have been disbursed either to pay for completed eligible projects or as refunds to
customers.
(d) No change.

ORDER NO. PSC-2026-0214-NOR-WS
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PAGE 24
(e) The utility must shall also separately identify the utility reserve fund in its annual report
filed with the Commission each year pursuant to Rule 25-30.110, F.A.C.
(f) The utility must shall file an updated capital improvement plan with the Commission at
least once every three years for as long as the utility reserve fund remains active.
(4) DISBURSEMENT OF FUNDS. A utility requesting disbursement of funds from an
escrow account or authorization to use funds secured by an irrevocable letter of credit must shall
file the following information and supporting documentation:
(a) through (d) No change.
(e) Other documentation that demonstrates the project was completed, such as photographs
of the completed work, may be submitted, but is not required.
(f) A utility may request the disbursement of funds from a utility reserve fund to assist with
making an emergency repair or replacement of existing distribution and collection infrastructure
that is nearing the end of its useful life or is detrimental to water quality or reliability of service
that is critical to the operation of the utility facilities and resulted from events that were out of the
utility’s control, such as weather related damage, accidents, or defective parts. The utility’s
request for an emergency disbursement must include the following information:
1. through 2. No change.
3. A statement explaining how the utility will reimburse the utility reserve fund for the
emergency disbursement through future funding sources, such as, government assistance,
insurance benefits, manufacturer warranties, bank loans, or utility investment. If no funding
sources will be available for reimbursement of the utility reserve fund, the utility must shall
either provide a statement describing how the utility reserve fund project(s) or timeline may be
modified to address the project funding needs without modifying the amount of the utility
reserve fund surcharge, or provide the information required in subsection (5), below, to request a
modification of the utility reserve fund surcharge.
(5) UTILITY RESERVE FUND MODIFICATIONS. A utility that must undertake a project
that was not anticipated when the utility reserve fund was created or that must make significant
modifications to a previously approved project may request a modification of the utility reserve
fund at any time following creation of the fund or in the utility’s next rate proceeding by filing
the following information:
(a) No change.
(b) The information required in paragraph (2)(e) or (m), and paragraphs (f), (g), (h), and (i),
if the utility is requesting a change in the utility reserve fund surcharge. Also, if the utility
reserve fund is secured through an irrevocable letter of credit, the utility must shall provide an
updated irrevocable letter of credit prior to implementation of the utility reserve fund surcharge
increase.
(6) FINAL DISPOSITION OF UTILITY RESERVE FUND.
(a) The utility reserve fund surcharge must shall be discontinued after all approved eligible
projects(s) have been completed, sufficient funds have been collected in the utility reserve fund
to cover the cost of the approved eligible project(s), and the final disbursement has been made
from the utility reserve fund. During the utility’s next rate proceeding, the utility’s rate base,

ORDER NO. PSC-2026-0214-NOR-WS
DOCKET NO. 20260022-WS
PAGE 25
capital structure, operating expenses, and rates must shall be adjusted as needed to reflect the
completed projects. The amount of the new plant assets that are funded through a utility reserve
fund must shall be offset with an equal addition to contributions-in-aid-of-construction.
(b) Any monies that remain in the utility reserve fund following the last disbursement for the
completed eligible project(s) must shall be refunded to the customers with interest in accordance
with Rule 25-30.360, F.A.C.
(c) All monies collected and held in the utility reserve fund should remain with the utility
regardless of any changes in utility ownership. If a utility’s ownership changes through a transfer
or abandonment, the Commission will shall determine whether the utility reserve fund should be
continued as follows:
1. In the event that the utility’s ownership changes through a transfer as provided in Rule 25-
30.037, F.A.C., the transfer agreement must shall include provisions that state: that the utility
reserve fund will shall remain with the utility following the close of the sale; that the seller must
shall provide copies of all documents related to the utility reserve fund to the buyer, including
the approved capital improvement plan, financial records, and status reports; whether the buyer
requests to continue the utility reserve fund following the transfer; and whether the buyer will
assume responsibility for the escrow account or obtain an irrevocable letter of credit to secure the
utility reserve fund. If the buyer does not request to continue the utility reserve fund or does not
provide sufficient documentation to guarantee the continued security of the utility reserve fund
and compliance with the provisions set forth in this rule, all monies held in the utility reserve
fund must shall be refunded to the customers with interest in accordance with Rule 25-30.360,
F.A.C., and the utility reserve fund surcharge and utility reserve fund must shall be discontinued.
However, if the transfer of ownership is requested pursuant to subsection 25-30.037(5), F.A.C.,
and will result in the transfer of ownership to an exempt entity other than a governmental utility,
the buyer will shall not be required to obtain an escrow account or an irrevocable letter of credit.
2. In the event that the utility is abandoned as provided in Rule 25-30.090, F.A.C., all monies
held in the utility reserve fund and all documents related to the utility reserve fund must shall
remain with the utility and be turned over to the court-appointed receiver. If the utility remains
under Commission jurisdiction following the abandonment, the court-appointed receiver must
shall be responsible for managing the utility reserve fund in accordance with this rule and all
applicable Commission Orders.
(d) If the utility fails to follow through with the eligible project(s) covered by the utility
reserve fund or comply with the security, fund maintenance, or reporting requirements set forth
in this rule, the Commission will shall initiate a review of the utility reserve fund and surcharge
to determine whether the utility reserve fund and surcharge should be discontinued and whether
all monies in the reserve fund should be refunded to the customers with interest in accordance
with Rule 25-30.360, F.A.C.
Rulemaking Authority 350.127(2), 367.081(2)(c), 367.121 FS. Law Implemented 367.081(2)(c) FS. History–New 6-20-17,
Amended 	.
25-30.445 General Information and Instructions Required of Water and Wastewater
Utilities in an Application for a Limited Proceeding.

ORDER NO. PSC-2026-0214-NOR-WS
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(1) Each applicant for a limited proceeding must provide the following general information
to the Commission:
(a) The name of the applicant as it appears on the applicant’s certificate and the address of
the applicant’s principal place of business;.
(b) The type of business organization under which the applicant’s operations are conducted;
if the applicant is a corporation, the date of incorporation; the names and addresses of all persons
who own 5 percent or more of the applicant’s stock; or the names and addresses of the owners of
the business;.
(c) The number(s) of the Commission order(s), if any, in which the Commission most
recently considered the applicant’s rates for the system(s) involved;.
(d) The address within the service area where the application is available for customer
inspection during the time the rate application is pending; and.
(e) No change.
(2) In a limited proceeding application:
(a) Each schedule must be cross-referenced to identify related schedules;.
(b) Except for handwritten official company records, all data in the petition and application
must be typed; and.
(c) No change.
(3) No change.
(4) The following minimum filing requirements must be filed with the utility’s application
for limited proceeding for a Class A or B water or wastewater utility:
(a) through (c) No change.
(d) If the utility’s application includes a request for recovery of plant in service, accumulated
depreciation and depreciation expense, supporting detail must be provided by primary account as
defined by the NARUC USOA Uniform System of Accounts, incorporated by reference in
accordance with Rule 25-30.115 25-30.110, F.A.C.
(e) No change.
(f) If the utility is requesting recovery of operating expenses, the following information must
be provided:
1. No change.
2. The total cost by primary account pursuant to the NARUC USOA, incorporated by
reference in Rule 25-30.115, F.A.C. Uniform System of Accounts;
3. through 4. No change.
(g) through (l) No changes.
(m) If the limited proceeding is being requested to change the current rate structure, provide a
copy of all workpapers and calculations used to calculate requested rates and allocations between
each customer class. The test year must be the most recent 12-month period. In addition, the
following schedules from Form PSC 1028 (12/20), entitled “Class A Water and/or Wastewater
Utilities Financial, Rate and Engineering Minimum Filing Requirements,” which is incorporated
by reference in Rule 25-30.437, F.A.C., must be provided:.
1. No change.

ORDER NO. PSC-2026-0214-NOR-WS
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2. Schedule E-14, entitled “Billing Analysis Schedules.” Only an original orginal and one
copy is required.
(n) No change.
(o) A water utility’s application for limited proceeding must also include:
1. A copy of all customer complaints that the utility has received regarding DEP secondary
water quality standards during the past five years; and,
2. No change.
(5) In addition to the requirements stated in subsections (1) through (3), the following
minimum filing requirements must be filed with the utility’s application for limited proceeding
for a Class C water or wastewater utility:
(a) through (b) No changes.
(c) A schedule that provides the specific rate base components for which the utility seeks
recovery, if known. Supporting detail must be provided for each item requested, including:
1. through 2. No change.
3. Any corresponding adjustments, if known, that are required as a result of adding or
removing the requested component(s) from rate base, which may include retirement entries; and,
4. No change.
(d) through (h) No change.
(6) through (7) No change.
Rulemaking Authority 350.127(2), 367.121(1)(a) FS. Law Implemented 367.081, 367.0812, 367.0822, 367.121(1)(a), 367.145(2)
FS. History–New 3-1-04, Amended 5-30-17, 5-16-22, 	.
NAME OF PERSON ORIGINATING PROPOSED RULE: Amber Norris
NAME OF AGENCY HEAD WHO APPROVED THE PROPOSED RULE: Florida Public
Service Commission
DATE PROPOSED RULE APPROVED BY AGENCY HEAD: June 2, 2026
DATE NOTICE OF PROPOSED RULE DEVELOPMENT PUBLISHED IN FAR: March 26,
2026 (Volume 52, Number 59).