29 Response: - 30 (a) This is correct. The growth factor is estimated as the average of the approved forecast 31 growth rates from the GRA and the most current actual year over year growth rate. - 32 (b) In submitting this forecast for pur...
AI summary The Utility explains its approach to forecasting growth rates for a flow through application, balancing the need for accuracy with the desire to expedite rate adjustments. It uses a compromise method that averages approved growth rates from the GRA with recent actual data, avoiding a full forecast analysis which would be costly and time-consuming.