23 CAR § 458-402. Duct/conduit rate formula

(a) When the parties fail to reach a voluntarily negotiated written agreement regarding the duct/conduit rate and the Arkansas Public Service Commission’s complaint procedures under Subpart 5 of this part are invoked, the Arkansas Public Service Commission will apply the formula in Appendix A of this part for determining the maximum just and reasonable rate. (b) The investments and expenses used in the duct/conduit rate formula shall be based on historical or original cost. (c) In the calculation of the percentage of conduit capacity occupied, if no inner-duct is installed in the conduit, the number of inner-ducts is presumed to be two (2).