Hearing - W-01427A-25-0126 - Liberty Utilities (Litchfield Park Water and Sewer) Corp. SW-01428A-25-0127 et al

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Arizona Corporation Commission 6h 15m 8 agenda items transcribed 2 days ago official recording ↗

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Transcript generated automatically by AI and may contain errors.

What opening remarks and appearances are made at the start of the hearing?

Unknown 0:00

And let's go ahead and go on the record. This is the time set for the continuation of the hearing for Liberty at Litchfield Park for their rate applications for their water and wastewater divisions and for approval of the financing application. And good morning. Welcome, everybody. At this time, I'd like to take appearances here today on behalf of the company.

Tim Savo 0:21

Good morning, Your Honor. Tim Savo and Stephen Amede.

Unknown 0:24

Thank you. On behalf of RUCO.

Sarah Barrios-Cool 0:26

Good morning, your honor Sarah barrios cool and with me is chief counsel Dan possess key

Unknown 0:31

right and for staff good morning, your honor Bridget Humphrey and Maureen Scott on behalf of staff. Thank you okay before we start let's see if there are any procedural housekeeping otherwise matters from anybody this morning. I have one housekeeping matter. Yes, ma'am. We had asked at the pre-hearing conference for a break at 11. Oh, that's right. For a break at 11 with the schedule that was agreed to last night. We no longer need to take that break today. So we're free time-wise. Okay. Thank you for reminding me about it already because I forgot. In case you're going to do it again. All right. Nothing else? Just

Sarah Barrios-Cool 1:14

one small thing. I've mislaid my cell phone. I think it's back in the office. No, no, it's okay. If it rings and I'm incorrect that it's over there, I do apologize. I don't think it's here. I don't see it. So I think we're fine, but if it rings, I just beg your forgiveness.

Unknown 1:35

That's all right. I'll just throw something at you.

Unknown 1:45

All right. Mr. Savo.

Tim Savo 1:49

Thank you. Good morning, Your Honor, and good morning, Ms. Rao. Go ahead and stand up for

Unknown 1:56

the... Be sworn in by the court reporter.

Unknown 2:05

Good morning. Please raise your right hand. Do you solemnly swear or affirm that the testimony you're about to give will be the truth, the whole truth, and nothing but the truth? I do. Thank you. Go ahead and be seated. And Mr. Staple.

Tim Savo 2:17

Thank you. Ms. Rao, can you state your name and business address for the record?

Monsa Rao 2:22

My name is Monsa Rao. My business address is 9750 Washburn Road, Downey, California, 90241.

Tim Savo 2:33

And by whom are you employed and in what capacity?

Monsa Rao 2:37

I'm employed by Liberty Utilities Services Corp. as the Senior Director of Rates and Regulatory Affairs for our West Region. In my role, I'm responsible for regulatory matters such as... Closer. Regulatory matters such as rate cases, regulatory compliance filings for our regulated operations in California, Arizona, and Texas.

Tim Savo 3:02

Thank you. Did you prepare or cause to be prepared direct rebuttal and settlement testimony in this case?

Monsa Rao 3:10

I did.

Tim Savo 3:12

Are your education and qualifications as set forth in your direct testimony?

Monsa Rao 3:16

Yes.

Tim Savo 3:17

And I know there's a bunch of exhibits up there. Can you go to volume two of the Liberty binder at tab 16, the document marked as exhibit A-16?

Monsa Rao 3:32

I'm there.

Tim Savo 3:33

And is that your direct testimony?

Monsa Rao 3:37

It is.

Tim Savo 3:38

And then at the next tab, tab 17, the document marked exhibit A-17, is that your rebuttal testimony?

Monsa Rao 3:47

It is.

Tim Savo 3:48

And then at tab 18, the document marked as exhibit A-18, is that your settlement testimony?

Monsa Rao 3:57

Yes.

Tim Savo 3:58

And do you have any corrections or modifications to these documents?

Monsa Rao 4:02

No.

Tim Savo 4:03

Do you adopt Exhibits A16, 17, and 18 as part of your sworn testimony here today? I

Monsa Rao 4:11

do.

Tim Savo 4:12

And then back to the first volume, Volume 1, the Exhibit A3.

Monsa Rao 4:31

I'm sorry.

Tim Savo 4:32

And is that the financing application that was submitted by the company?

Monsa Rao 4:37

It is.

Tim Savo 4:41

Now let's turn to Exhibit A20. That's back in Volume 2. There's a lot of binders, yeah.

Monsa Rao 4:53

You said A20?

Tim Savo 4:55

Yeah, 2-0. I'm

Monsa Rao 4:59

there.

Tim Savo 5:01

And that should be the settlement agreement that was signed in this case, is that right?

Monsa Rao 5:07

Correct.

Tim Savo 5:08

And does your settlement testimony that we had just talked about detail the various adjustments included in the settlement agreement and the rationale for each?

Monsa Rao 5:20

Yes.

Tim Savo 5:21

And then could you turn in that same document to Attachment A?

Tim Savo 5:43

Oh, I'm sorry. In your A18, your settlement testimony?

Tim Savo 5:56

Okay. Attachment A?

Monsa Rao 5:58

Yes, I'm there.

Tim Savo 5:59

And that should be a series of charts, one for water, one for wastewater, and one for combined. Do you see those? I do. And do those compare the company's direct position, the staff direct, the RUCO direct, without formula rate, and the settlement agreement?