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(a) A local service rate adjustment allowed under 3 AAC 53.010 - 3 AAC 53.100 may not exceed a six percent increase in any 12-month period or a cumulative 15 percent increase in a three-year period. For a cost company, the allowed adjustments exclude adjustments for changes in jurisdictional cost allocation factors processed under 3 AAC 53.110 - 3 AAC 53.130.
(b) For good cause shown, the commission will, in its discretion, revoke or deny a local exchange carrier's permission to use simplified rate filing procedures or its authority to adjust rates under the procedures in 3 AAC 53.030 - 3 AAC 53.100.
(c) A local exchange carrier that uses the procedures of 3 AAC 53.010 - 3 AAC 53.140 is not precluded from filing a general rate case under 3 AAC 43.275(a).
History: Eff. 4/8/93, Register 126
Authority: AS 42.05.141
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Last modified 7/05/2006