According to request filed by attorneys at law Hannah and Hanna PLLC back in August, Black Diamond Power admits to overcharging customers $1,686,338 admits to collecting over a five year period.
The document indicates that the company serves about 4,300 so that’s about $385 per customer.
The company proposes to refund $488, 307 to customers over a five year period which would come through a rate reduction. But Black Diamond Power wants to treat the remaining money, treat the remaining $1.198 million as a “customer contribution.”
It appears that the Staff of the Public Service Commission filed recommendations on October 1. In that document, the staff of PSC recommends about $900,000 be recorded as a customer contribution and a reduction of rate base.