Kentucky Public Service Commission

Final Order Entered: 1. The findings contained in the Commission Staff’s Report are adopted and modified and are incorporated by reference into this Order. 2. The water service rates proposed by Nicholas District are denied. 3. Phase 1 rates set forth in Appendix B to this Order are approved for services rendered by Nicholas District on and after the date of this Order. 4. Phase 2 rates set forth in Appendix B to this Order are approved for services rendered by Nicholas District one year following the date of this Order. 5. Within 20 days of the date of service of this Order, Nicholas District shall file with this Commission, using the Commission’s electronic Tariff Filing System, new tariff sheets setting forth the rates and charges approved herein and their effective date, and stating that the rates and charges were authorized by this Order. 6. Nicholas District shall use the midpoint of the depreciable lives of the NARUC ranges, as proposed in the application and agreed upon by Staff, to depreciate water plant assets for accounting purposes in all future reporting periods. No adjustment to accumulated depreciation or retained earnings should be made to account for this change in the accounting estimate. 7. This case is closed and removed from the Commission’s docket.

Response to Staff Report

David Foster Nicholas County Water District

Staff Report

NCWD Response to RFI 3

David Foster Nicholas County Water District

Order Entered: 1. The procedural schedule issued on January 18, 2022, and amended on May 10, 2022, is replaced with the procedural schedule attached as Appendix A to this Order. 2. The information requested in Appendix B to this Order is due by the date set forth in Appendix A.

Order Entered: 1. The May 10, 2022 procedural due date to file a Commission Staff’s Report, in accordance with the January 18, 2022 procedural schedule is stricken and replaced with a procedural due date of May 20, 2022, to file the Commission Staff’s Report. 2. No later than May 20, 2022, Commission Staff shall file with the Commission and serve upon all parties of record a written report containing its findings regarding Nicholas District’s requested rate adjustment. 3. All provisions of the Commission’s Order of January 18, 2022, as amended not in conflict with the provisions of this Order, shall remain in effect.

Response to Second Request for Information

David Foster Nicholas County Water District

Data Request

Response to RFI #1

David Foster Nicholas County Water District

Order Entered: 1. Nicholas District’s motion for extension of time is granted. 2. Nicholas District shall file its response to Commission Staff’s First Request for Information on or before February 22, 2022. 3. The procedural events scheduled for February 22, 2022, and March 8, 2022, as set forth in the procedural schedule attached as an Appendix to the Commission’s January 18, 2022 Order are stricken. 4. All other procedural dates set forth previously will remain as scheduled. 5. Nothing contained in this Order shall prevent the Commission from entering further Orders in this matter.

Motion for Extension of Time

David Foster Nicholas County Water District

Order Entered: 1. The procedural schedule set forth in Appendix A to this Order shall be followed. 2. On or before the date set forth in the procedural schedule, Nicholas District shall file its responses to the Commission Staff’s First Request for Information, attached to this Order as Appendix B. 3. No later than the date set forth in the procedural schedule, Commission Staff shall file with the Commission and serve upon all parties of record a written report (Staff Report) containing its findings and recommendations regarding Nicholas District’s requested rate adjustment.

20220113_PSC Deficiency Cured Letter.pdf

Response to Filing Deficiency - Debt Instruments

David P. Foster Nicholas County Water District

20211217_PSC Deficiency Letter.pdf

ARF Application

David P. Foster Nicholas County Water District

20211207_PSC Acknowledgment Letter.pdf

Nicholas County Water District Notice of Intent to File an Application for a Rate Adjustment pursuant to 807 KAR 5:076 Using Electronic Filing Procedures