Section 407-850-2 - Records RequiredA.Contents. Every public utility seeking recovery of Regulatory Proceeding Expenses shall maintain records containing a detailed description and accounting of all Regulatory Proceeding Expenses of which it seeks recovery. Such records shall identify, by proceeding, the hours spent and fees charged by all persons whose salaries, fees or charges constitute Regulatory Proceeding Expenses.B.Filing1.Timing. In accordance with, Chapter 120, § 5(C), every public utility seeking recovery of Rate Case Expenses shall file the applicable records required by § 2(A) of this rule in every filing for a general increase in rates as defined in 35-A M.R.S. §307. Whenever a utility seeks to adjust the Rate Case Expenses incurred during the test period, it must file the records required by § 2(A) of this chapter of all actual and estimated expenses which are relied on for purposes of making an adjustment to the test year. This filing shall be made in accordance with the filing requirements set forth in Chapter 120, § 5(C) of the Commission's Rules.2.Capitalized Expenses. If Regulatory Proceeding Expenses are capitalized, the utility must maintain records which identify the Regulatory Proceeding Expenses, subject to the requirements of 2(A). That record must be filed at the time the utility seeks recovery of expenses of those proceedings.65-407 C.M.R. ch. 850, § 2