GOVERNMENT OF THE VIRGIN ISLANDS

OF THE UNITED STATES



Public Services Commission



IN RE:



INVESTIGATION OF VITELCO ) Docket No. 628

DEPRECIATION SCHEDULE _) Order No. 41/2014

)



ORDER



WHEREAS, the most recent rate case for VITELCO d/b/a Innovative Telephone was

Docket 578; and



WHEREAS, in that Docket Innovative Telephone was directed to file for a new

depreciation schedule and advised that it would not be able to rely on the existing depreciation

schedule for any new rate proceedings; and



WHEREAS, in December 2009, Innovative Telephone filed a depreciation study with

the Commission, which then opened Docket 598 (now renumbered as Docket 628); and



WHEREAS, as the technical consultants to the Commission, Georgetown Consulting

Group issued discovery requests regarding the depreciation study; and



WHEREAS, in September 2012, Innovative Telephone requested suspension of the

depreciation investigation and closure of Docket 598; and



WHEREAS, in 2010 the Commission approved a Transfer of Control Agreement for

Innovative Telephone and Innovative Cable, which provided for a four year rate freeze; and



WHEREAS, that four year rate freeze has now expired and prior to the initiation of a

new rate case a new depreciation schedule is essential to have accurate and consistent financial

information; and



WHEREAS, on June 23, 2014, the Commission met in regular session at its both offices

on St. Croix and St. Thomas; and



WHEREAS, upon review and deliberation the Commission voted to reopen the

Investigation of VITELCO Depreciation Schedule as Docket 628 and appoint Attorney Lorin M.

Kleeger as Hearing Examiner to preside over the proceedings in Docket 628; and



NOW THEREFORE, the Commission finds and ORDERS that:

1, The Investigation of VITELCO Depreciation Schedule be reopened as Docket 628.