2010 Pennsylvania Code
Title 66 - PUBLIC UTILITIES
Chapter 17 - Accounting and Budgetary Matters
1705 - Budgets of public utilities.

     § 1705.  Budgets of public utilities.
        (a)  Proposed budgets; adjustments; determination.--The
     commission may, by regulation, require any class of public
     utilities, except common carriers, to file proposed budgets with
     the commission on or before the first day of each budgetary
     period, showing the amount of money which each public utility
     within such class, will in its judgment, expend during the
     budgetary period for payment of salaries of executive officers,
     donations, advertising, lobbying expenses, entertainment,
     political contributions, expenditures, and major contracts for
     the sale or purchase of facilities, and all items covering or
     contemplating any payment to any affiliated interest for advice,
     auditing, associating, sponsoring, engineering, managing,
     operating, financing, legal, or other services. Adjustments or
     additions to any such budget may be made from time to time by
     filing supplementary budgets with the commission. When any such
     budget or supplemental budget has been filed, the commission may
     examine into and investigate the same to determine whether any
     or all of the contemplated expenditures are unreasonable or
     contrary to the public interest and if after reasonable notice
     and hearing, it shall so determine, it shall make its findings
     and order in writing rejecting the same or any part thereof.
        (b)  Rejected budgets.--Upon such rejection, the public
     utility concerned shall not make further expenditures or
     payments under the budget or part thereof rejected, and no
     expenditures at any time made under such rejected budget, or
     part thereof, shall be allowed as an operating expense, or
     capital expenditure in any rate or valuation proceeding, or in
     any other proceeding or hearing before the commission, unless
     and until the propriety thereof shall have been established to
     the satisfaction of the commission, and any such finding or
     order shall remain in full force and effect, unless and until
     such finding or order shall be vacated, modified or set aside by
     the commission, or upon an appeal, as provided in this part.
        (c)  Use of budgets.--The filing of any budget, its
     examination, investigation, or determination by the commission,
     under this section, shall not bar or estop the commission from
     determining, in any rate valuation or other proceeding, whether
     any or all of the expenditures made under any budget or
     supplemental budget are reasonable or commensurate with the
     service or facilities received.