N.C. Utilities Commission Issues Order Involving Northwestern Mutual Life Insurance of Durham - Insurance News | InsuranceNewsNet

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June 14, 2017 Newswires
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N.C. Utilities Commission Issues Order Involving Northwestern Mutual Life Insurance of Durham

Targeted News Service

RALEIGH, N.C., June 13 -- The North Carolina Utilities Commission issued the following order involving Northwestern Mutual Life Insurance of Durham, North Carolina:

In the Matter of Notification by The Northwestern Mutual Life Insurance Company, d/b/a Trinity Commons, 2530 Erwin Road, Durham, North Carolina 27705, of Revised Rates and Fees for Charging for Water and/or Sewer Utility Service in Trinity Commons at Erwin Apartments in Durham County, North Carolina

ORDER APPROVING TARIFF REVISION

BY THE COMMISSION: On May 31, 2017, The Northwestern Mutual Life Insurance Company, d/b/a Trinity Commons (Applicant), filed with the Commission a notification of revised rates and fees for charging for water and/or sewer service to its customers in Trinity Commons at Erwin Apartments in Durham County, North Carolina, the increased cost of purchasing water and sewer service from the City of Durham.

Based upon the filings of the Applicant, the Public Staff has recommended approval of an Administrative Fee of $4.96 (consisting of $3.75 for the Applicant's meter reading, billing, and collecting costs plus a pass through of Durham's $1.21 base charge for water and sewer service). Based upon 4,000 gallons per month usage and rates of $4.14 per 1,000 gallons for water and $5.44 per 1,000 gallons for sewer, the total monthly bill will be $43.28 ($38.32 usage charge and $4.96 administrative fee).

Based upon the foregoing, the Commission is of the opinion that the Public Staff's recommended rates should be approved. The Commission is also of the opinion that, if Durham's base charge should be reduced for any reason, the Applicant should be required to notify the Commission immediately for a tariff revision.

IT IS, THEREFORE, ORDERED as follows:

1. That The Northwestern Mutual Life Insurance Company, d/b/a Trinity Commons, is granted a tariff revision for Trinity Commons at Erwin Apartments in Durham County, North Carolina, as set forth herein.

2. That the Schedule of Rates, attached as Appendix A, is approved and deemed to be filed with the Commission pursuant to G.S. 62-138. Said Schedule of Rates is authorized to become effective for service rendered on and after the date of this Order.

3. That, if Durham's base charge should be reduced for any reason, the Applicant shall notify the Commission immediately for a tariff revision.

4. That a copy of this Order and the Schedule of Rates, attached as Appendix A, shall be mailed with sufficient postage or hand delivered by the Applicant to all its customers in Trinity Commons at Erwin Apartments contemporaneously with the next billing of customers.

5. That, if the service area is sold or the ownership changes, the Applicant and the new owner shall file an Application for Transfer of Authority (Form WR2 may be found on the Commission's website - www.ncuc.net). Failure to do so may result in revocation of the certificate of authority and suspension of rates.

ISSUED BY ORDER OF THE COMMISSION.

This the 13th day of June , 2017.

NORTH CAROLINA UTILITIES COMMISSION

Janice H. Fulmore, Deputy Clerk.

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