On September 7, 2017, the Board issued an Order rejecting tariff revision and approving proposed customer notice with modification in the Liberty Utilities’ natural gas rate increase case, Docket No. RPU-2016-0003. On June 16, 2017, Keokuk filed a Petition for Judicial Review in Polk County District Court seeking review of the Board’s June 9 and April 28 Orders.
The Office of Consumer Advocate (OCA) also intervened in support of Keokuk’s Petition for Judicial Review.
On June 9, 2017, the Board issued an order denying the motion for rehearing.
On May 16, 2017, Keokuk filed a motion asking the Board to grant rehearing on the question of whether Liberty’s rate case expenses approved by the Board were reasonable and just under Iowa Code § 476.6(5).
On April 28, 2017, the Board issued an “Order Approving Settlement with Reporting Requirement, Denying Motion to Strike, and Addressing Rate Case Expense” (Final Order). In the Final Order, the Board disallowed $25,000 of Liberty’s reported actual rate case expenses and approved Liberty’s recovery over a seven-year period of $814,643 of rate case expense through the use of a rider (the Regulatory Expense Surcharge). In the rate case proceeding, Liberty explained it intended to contact all of its customers before October 2017 about the rate increase under the Settlement. The Board directed Liberty to prepare a written notice form to be delivered to its customers and to file with the Board a proposed form of notice not less than 30 days before sending the notice to customers.
On February 20, 2017, the Board issued an "Order" regarding a proposed settlement in Liberty Utilities’ request for an increase in its natural gas rates.
On February 17, 2017, Liberty, the Office of Consumer Advocate (OCA), a division of the Iowa Department of Justice, and intervening parties the City of Keokuk (Keokuk) and Roquette America filed a joint unanimous settlement which resolved all issues among all parties except for the amount of rate case expense to be recovered by Liberty.
On July 25, 2016, Liberty Utilities (Midstates Natural Gas) Corp., d/b/a Liberty Utilities (Liberty), filed with the Utilities Board (Board) an application to increase its annual Iowa natural gas revenues by approximately $1 million and to change its rate design.
The Board held a hearing in Keokuk on February 22, 2017.