Briton Baxter
speaker
3,030 appearances
30 recordings
1 series
first heard Sep 2025
last heard 10 Sep
Briton Baxter’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 28 in all, peaking in Apr 2026 with 5.
Appearances
I think we're gonna be
if we're at the four and five percent as we've historically seen and they're getting increases to to get them up to the nine point five, nine point seven five.
Um, I I think it's at that point in time where we'll have built the data to be able to do a better analysis and see exactly how much the risk has been reduced.
I understand where you're going and I think my response would be one of the reasons there's several of why we believe this should go before the commission every year for approval.
is because at any point in time if we're seeing something like that where this is reducing the risk a lot more, we can as staff recommend that the commission order the company to file a full rate case and then do the analysis and say, Yeah, your risk is reduced.
twenty five percent or whatever the math shows.
Um, your ROE needs to be adjusted to reflect that.
I also believe the commission can determine
Even though we've got a POA and a a template in which to use.
they can at any point in time when it goes before them say yes, no, or it should be something else.
So I think the commission has the authority to do that when the company seeks to request a formula rate.
The way these are being structured, I don't know that they can necessarily without doing a forty two fifty two to reopen the original decision.
in an implementation request say
Your risk has been reduced fifty basis points and therefore going forward.
We're gonna calculate it at a nine point two five with the fifty basis point deadband.
Um, I I think there are ways the commission can get there, either file another full rate case of forty two fifty two, or have some amendments to the formula rate implementation that would reduce the revenue that would be collected through that surcharge.
It's okay, your honor, keeps me on my toes.
Um while you're thinking of your next question, I know you asked about an emergency water augmentation for Bermuda.
If I could just add some color around how that mechanism came about.
Please.
Showing 861–880 of 3,030 · page 44 of 152
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