Can a company change their rates without filing a tariff revision?
No, and according to Rule 25-24.485(1)(i): “Companies shall charge only the rates contained in their tariff. If a company desires to charge rates or charges at a lower level than is contained in an existing tariff and wishes to charge those lower rates only temporarily and afterwards return to the existing tariff level, it may, instead of filing two tariff revisions to decrease and then later increase the rate, file a single tariff change reflecting the conditions of the temporary tariff change.
Related Questions
- What if our company no longer writes Workers’ Compensation in Kentucky and we wish to stop filing Quarterly Premium Reports?
- How does the company measure the required rates of return of investors or the opportunity cost of capital?
- What would occur if the United States increased its tariff rates and adopted stricter import quotas?
