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23-17-408. Regulatory framework for electing companies.
Arkansas Code — all titles (historical 2020) · legal_authorities
23-17-408. Regulatory framework for electing companies.
(a) The earnings of an electing company shall not be subject to rate of return or rate-base monitoring or regulation, and the Arkansas Public Service Commission shall not consider rate of return, rate base, or the earnings of an electing company in connection with rate changes made pursuant to this section or § 23-17-407.
(b) An electing company is authorized to determine and account for its investments, revenues, and expenses, including depreciation expenses, pursuant to generally accepted accounting principles.
(c)(1) An electing company may increase or decrease its rates for telecommunications services other than basic local exchange service and switched-access services and establish rates for new services by filing a tariff or a price list with the commission.
(2) The rates shall not require commission approval.
(3) The tariff or price list shall be effective upon filing or at a future time as the electing company shall designate.
(4) So long as rates for services are in accordance with this section and § 23-17-407, the rates are deemed just and reasonable.
(5) Any service that is not a telecommunications service is not subject to commission regulation, and rates for the services need not be filed with the commission.
(d) An electing company may package any of its services with any other service it or its affiliates offer, with or without a discount, provided that services whose rates are capped under § 23-17-407 may be purchased separately at the rate which is capped in accordance with § 23-17-407.
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-17-408
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. A text match is a research starting point; applicability is not established.
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Record provenance
Stable record: arkansas_code:legal_authorities:23-17-408
Source file: gov.ar.code.title.23.odt
Pages: Not recorded – Not recorded
Passage SHA-256: 5df4f676a01068caf6dcbbd3280d191df0fc5797698e24c7516ef2664e971fb6
Source location: content.xml paragraph 12809
Stored source content
23-17-408. Regulatory framework for electing companies.
(a) The earnings of an electing company shall not be subject to rate of return or rate-base monitoring or regulation, and the Arkansas Public Service Commission shall not consider rate of return, rate base, or the earnings of an electing company in connection with rate changes made pursuant to this section or § 23-17-407.
(b) An electing company is authorized to determine and account for its investments, revenues, and expenses, including depreciation expenses, pursuant to generally accepted accounting principles.
(c)(1) An electing company may increase or decrease its rates for telecommunications services other than basic local exchange service and switched-access services and establish rates for new services by filing a tariff or a price list with the commission.
(2) The rates shall not require commission approval.
(3) The tariff or price list shall be effective upon filing or at a future time as the electing company shall designate.
(4) So long as rates for services are in accordance with this section and § 23-17-407, the rates are deemed just and reasonable.
(5) Any service that is not a telecommunications service is not subject to commission regulation, and rates for the services need not be filed with the commission.
(d) An electing company may package any of its services with any other service it or its affiliates offer, with or without a discount, provided that services whose rates are capped under § 23-17-407 may be purchased separately at the rate which is capped in accordance with § 23-17-407.
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Arkansas Code — all titles (historical 2020) · legal_authorities
23-17-407. Regulation of rates for basic local exchange service and switched-access service of electing companies — Definition.
(a)(1) The rates for basic local exchange service and switched-access services that were in effect in the date twelve (12) months prior to the date of filing of a notice of election by a local exchange carrier pursuant to § 23-17-406 shall be the maximum that the electing local exchange carrier may charge for the services for a period of three (3) years after the date of filing, excluding rate increases ordered by the Arkansas Public Service Commission pursuant to § 23-17-404.
(2)(A) An electing company may decrease or, subsequent to a decrease, increase up to the rate that was effective at the time of election pursuant to this section.
(B) The rate changes shall be effective immediately, without commission approval, by filing a tariff or notice with the commission.
(b)(1) After the expiration of the three-year period, the rates for basic local exchange services and switched-access services, excluding the intrastate carrier common line charge, may be adjusted by the electing company filing a price list with the commission, as long as:
(A) The rates remain at or below the inflation-based rate cap; or
(B) The rate increase results from the provision of extended area services required as the result of customer election under commission rules.
(2) Inflation shall be measured by the year-over-year percent change in the gross domestic product price index calculated by the United States Department of Commerce, or any successor to the index.
(3) The electing company is authorized to adjust the rate cap for each basic local exchange service and switched-access service by seventy-five percent (75%) of this inflation measure, adjusted for
Source: Arkansas Code — historical release 78 (November 6, 2020) · 23-17-407
Stored review status: Historical 2020-11-06 source release; later amendments not reconciled; machine-extracted, not independently legally reviewed; source heading status: text_in_historical_source. The source passage cites 23-17-407. This identifies an authority to review, not proof of applicability.