{"id":2427,"date":"2020-01-14T17:15:01","date_gmt":"2020-01-15T03:15:01","guid":{"rendered":"https:\/\/hawaii.carpentermediagroup.com\/tgiclassifieds\/state-legals-public-notices\/meetings-state-legals-public-notices\/0001254171-01\/"},"modified":"2020-01-14T17:15:01","modified_gmt":"2020-01-15T03:15:01","slug":"0001254171-01","status":"publish","type":"post","link":"https:\/\/hawaii.carpentermediagroup.com\/tgiclassifieds\/state-legals\/meetings-state-legals-public-notices\/0001254171-01\/","title":{"rendered":"0001254171-01"},"content":{"rendered":"<p align=\"center\">\n<font face=\"FranklinGothic-MedCnd\" size=\"2\" color=\"#000000\"><b><u>AMENDED NOTICE OF PUBLIC MEETING<\/p>\n<p><\/b><\/u>APPLICATION OF YOUNG BROTHERS, LLC <br \/>\nFOR APPROVAL OF A GENERAL RATE INCREASE <br \/>\nAND CERTAIN TARIFF CHANGES<\/p>\n<p><b><u>Docket No. 2019-0117<\/p>\n<p><\/b><\/u><\/font><\/p>\n<p><font size=\"2\" color=\"#000000\"> The STATE OF HAWAII PUBLIC UTILITIES COMMISSION (&quot;Commission&quot;), HEREBY<\/font><font size=\"2\" color=\"#000000\"> <\/font><font size=\"2\" color=\"#000000\">GIVES NOTICE that it will hold a public meeting relating to the Application of YOUNG<\/font><font size=\"2\" color=\"#000000\"> BROTHERS, LLC (&#8220;Young Brothers&#8221;), filed on September 25, 2019, for approval of a general rate increase and certain tariff changes&#058;<\/p>\n<p><\/font><font size=\"2\" color=\"#000000\"> The Commission will hold a public meeting as follows&#058;<br \/>\n<\/font><font size=\"2\" color=\"#000000\"> <\/font><font size=\"2\" color=\"#000000\"><b>Thursday, January 16, 2020, 4&#058;30 p.m.<br \/>\n<\/b><\/font><font size=\"2\" color=\"#000000\"> Lihue State Office Building<br \/>\n Conference Rooms 209 B &amp; C<br \/>\n 3060 Eiwa Street<br \/>\n Lihue, Hawaii  96766<\/p>\n<p> The Commission will investigate whether the proposed revenue increases, <\/font><font size=\"2\" color=\"#000000\">changes in rate schedules and rules, and other matters proposed in Young Brothers&#8217;<\/font><font size=\"2\" color=\"#000000\"> Application are just and reasonable. <br \/>\n Young Brothers is a water carrier authorized to transport property by barge <\/font><font size=\"2\" color=\"#000000\">between the islands of Oahu, Hawaii, Kauai, Maui, Molokai, and Lanai. Young Brothers<\/font><font size=\"2\" color=\"#000000\"> seeks approval of a rate increase of $26,997,928, which represents a 34.27% increase over intrastate revenues at currently effective rates, which is projected to be $78,783, 326 (which incorporates a requested return on equity of 10.70%) for the 2020 test year.<br \/>\n In the Application, Young Brothers states that the &#8220;purpose for the requested increase is to sustain Young Brothers&#8217; financial viability to ensure the provision of <\/font><font size=\"2\" color=\"#000000\">safe, adequate, economical, and efficient service at reasonable rates in conformance<\/font><font size=\"2\" color=\"#000000\"> with the Hawaii Water Carrier Act&#8221; and is &#8220;based on the following main drivers&#058; (1) increased rate base; (2) increased operating expenses; (3) continuing decline in intrastate cargo volume; and (4) an increase in the proposed cost of capital.&#8221;<br \/>\n At the public meeting, the Commission will receive in-person comments from the general public regarding the Application and the proposed rate increases and revised rate schedules and rules. <br \/>\n The purpose of these public meeting is to listen to the views expressed by the general public. All interested persons are invited to attend the public meeting to <\/font><font size=\"2\" color=\"#000000\">state their views on the Application, orally, in writing, or both. So that all in attendance<\/font><font size=\"2\" color=\"#000000\"> will have the opportunity to speak at the public meeting, the Commission may impose time limits for each person&#8217;s comments. <br \/>\n  The foregoing is a summary of the proposals in Young Brothers&#8217; Application. Copies of Young Brothers&#8217; Application are available for public review through the Commission&#8217;s electronic Document Management System, accessible at <\/font><font size=\"2\" color=\"#000000\">http&#058;&#047;&#047;dms.puc.hawaii.gov&#047;dms&#047;. In addition, copies of Young Brothers&#8217; Application<\/font><font size=\"2\" color=\"#000000\"> are also available for review by contacting Young Brothers&#8217; Legal Counsel, Watanabe Ing, LLP [(808) 544-8300], the Commission&#8217;s Honolulu Office [(808) 586-2020], or the Division of Consumer Advocacy [(808) 586-2800].<br \/>\n<\/font><font size=\"2\" color=\"#000000\"> Additionally, written comments may be mailed to the Public Utilities Commission,<\/font><font size=\"2\" color=\"#000000\"> 465 South King Street, Room No. 103, Honolulu, Hawaii, 96813, or sent by electronic mail to Hawaii.PUC@hawali.gov. All written comments should <\/font><font size=\"2\" color=\"#000000\">reference <\/font><font size=\"2\" color=\"#000000\">Docket No. 2019-0117. Special accommodations for persons with disabilities can be made if requested reasonably in advance by contacting the Commission&#8217;s Honolulu Office. <\/p>\n<p>_______________________<br \/>\nJames P. Griffin<br \/>\nChair<br \/>\n(TGI1254171     12&#047;26&#047;19, 1&#047;2, 1&#047;9, 1&#047;15&#047;20)<\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AMENDED NOTICE OF PUBLIC MEETING APPLICATION OF YOUNG BROTHERS, LLC FOR APPROVAL OF A GENERAL RATE INCREASE AND CERTAIN TARIFF CHANGES Docket No. 2019-0117 The STATE OF HAWAII PUBLIC UTILITIES COMMISSION (&quot;Commission&quot;), HEREBY GIVES NOTICE that it will hold a public meeting relating to the Application of YOUNG BROTHERS, LLC (&#8220;Young Brothers&#8221;), filed on September [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[251],"tags":[],"class_list":["post-2427","post","type-post","status-publish","format-standard","hentry","category-meetings-state-legals-public-notices"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>0001254171-01 - 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