• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Petroleum Prices
  • Rental Office
  • News & Notices
Island Regulatory & Appeals Commission

Island Regulatory & Appeals Commission

Prince Edward Island

  • About
    • About the Commission
    • Our Commissioners
    • Publications
    • Public Disclosure Reports
    • Job Opportunities
    • Storm Closures
    • Contact
  • Appeals
    • Planning Appeals
    • Rental Appeals
    • Environmental Appeals
    • Heritage Appeals
    • Tax Appeals
  • Regulation
    • Auto Insurance
    • Electricity
    • Lands Protection
    • Municipal
    • Petroleum
    • Waste Management
    • Water & Sewer
  • Hearings
    • Public Hearing Schedule
  • Policies
    • Rules of Practice & Procedure
    • Scheduling Rental Appeal Hearings, Rescheduling Requests and Requests for Adjournments
    • Practice Direction on Appeal Records
  • SEARCH ORDERS
  • Twitter

Filing Guidelines

You are here: Home / Water & Sewer / Filing Guidelines
Print Friendly, PDF & Email

Sewer/Water Utility Rate Application

Issued: May 2022

In accordance with Sections 9 and 15 of the Water and Sewerage Act, utilities are required to submit written proposals to the Commission for any rate changes. Following is a list of suggested items to include when preparing a rate submission:

  1. General background information on the Utility (i.e. year established, description of system, current number of customers), and the overall reason(s) for the request for a rate change;
  2. A description of any proposed capital projects or significant expenditures
    anticipated in the next few years (i.e. main extensions/extensions or equipment purchases);
  3. Information on projected depreciation expenses for any future capital costs (i.e. Utility’s NET amount, depreciation rate and depreciation amount). Any projected depreciation amounts to be included in the statement of revenues and expenditures prepared under #5 below;
  4. Information on any projected long-term debt (i.e. loan amounts, terms, interest rates and interest amounts). Any projected interest amounts to be included in the statement of revenues and expenditures prepared under #5 below;
  5. Statement of revenue and expenditures providing the two most current years of actual data and at least two years of forecasted data. Two versions of the statement should be prepared – one statement should show the impact with no increased revenues; and the other one should indicate the impact with increased revenues based on the proposed rate changes. Expenditures should reflect any additional anticipated costs*;
  6. Comments on any revenue and expenditure accounts that have increased or decreased substantially, including a brief explanation of why they’ve changed;
  7. A breakdown of the Utility’s customers, including the type and number of
    customers and the proportionate units billed (customer names not to be
    included);
  8. The forecast number of new customers expected to be billed over the next 2-3 years (both the number of customers and the number of proportionate units to be shown);
  9. The proposed amortization period to recover any accumulated deficit;
  10. The Utility’s current rate, the proposed rate and the proposed effective date;
  11. Information on any prior communication by the Utility to its ratepayers on the proposed rate changes;
  12. Any other information relevant to the rate filing;

    In addition, the following documents must be provided:
  13. Minutes from the Utility Board of Directors giving authorization to prepare the rate application;
  14. A copy of the Utility’s Bylaw, created pursuant to either Section 38.1 of the former Municipalities Act or Sections 180 and 183 of the Municipal Government Act; and
  15. A copy of the Utility’s most recent audited financial statements.

Filings can be submitted by mail or electronically and will be published on the Commission’s website.

Questions should be directed water-sewerinquiries@irac.pe.ca to or call 902-892-3501 (toll free: 1-800-501-6268)

Primary Sidebar

Search Orders Water & Sewer Utility

Water & Sewer Contacts

Sam Clow, Senior Regulatory Officer

water-sewerinquiries@irac.pe.ca  | 902-892-3501

Water & Sewer Regulation

  • Water & Wastewater Regulation
  • Utility Rates
  • Legislation & Regulations
  • Water & Sewer FAQs

Water & Sewer Utilities

  • About Utility Rate Filings
  • Filing Guidelines
  • Rate Filing Information
  • Forms
  • Accounting Information

Footer

Contact Us

Office Location

5th Floor, Suite 501
National Bank Tower
134 Kent Street
Charlottetown, PE

 Contact

Tel 902-892-3501
PEI toll-free 1-800-501-6268
Fax 902-566-4076

Copyright © 2025 · Website by TechnoMedia and NorthEastStudio · Log in