Section 6.02. Definitions.

 

(1)  "Holding company" has the meaning set forth in s. 196.795 (1) (h) , Stats.

(2)  "Nonutility affiliate" has the meaning set forth in s. 196.795 (1) (j) , Stats.

(3)  "Public utility affiliate" has the meaning set forth in s. 196.795 (1) (l) , Stats.

(4)  "Holding company system" has the meaning set forth in s. 196.795 (1) (i) , Stats.

(5)  "Cost of any increase in regulation of any public utility affiliate" means the total of commission expenditures which are in excess of the commission expenditures which are properly assessable for utility regulation under s. 196.85 , Stats., and ch. PSC 5 and which expenditures are directly or indirectly attributable to the commission's implementation and enforcement of s. 196.795 , Stats., as set forth in s. PSC 6.03 .

(6)  "Direct assessments" are charges made by the commission to holding companies or nonutility affiliates or both for the activities and expenditures set forth in s. PSC 6.05 .

(7)  "Remainder assessments" are charges made by the commission to holding companies or nonutility affiliates or both for the expenditures set forth in s. PSC 6.06 . They are calculated by subtracting direct assessments from the commission's total holding company regulation expenditures to arrive at a remainder.

(8)  "Advance payment of a remainder assessment" means payment, in advance, of remainder assessments which have been projected for the current fiscal year but have not yet been totally incurred by the commission. This payment is calculated by adding 10% to the remainder assessment for the prior fiscal year. Payment for remainder assessment expenditures incurred in the prior fiscal year by the commission, when such payment is made during the current fiscal year, is not within the definition of "advance payment of remainder assessment."

History: Cr. Register, November, 1986, No. 371 , eff. 12-1-86.