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2651 ORD REVISING FUEL ADJUSTMENT CLAUSE OF TX POWER AND LIGHT COMPANY IN COP
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2651 ORD REVISING FUEL ADJUSTMENT CLAUSE OF TX POWER AND LIGHT COMPANY IN COP
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11/21/2017 4:04:39 PM
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CITY CLERK
CITY CLERK - Date
9/13/1982
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> with the maintenance of the credit <br /> <br /> arrangement and, at times when Texas <br /> <br /> Utilities Company has no short-term <br /> indebtedness outstanding, the interest rate <br /> <br /> will be equal to the rate published daily in <br /> <br /> the Wall Street Journal for "high grade <br /> <br /> unsecured notes sold through dealers by major <br /> corporations for thirty days;" <br /> <br /> (2) The cost of natural gas and fuel oil acquired <br /> <br /> by TUFCO from non-affiliated interests and <br /> consumed in the operation of the TUFCO system <br /> <br /> of pipelines or in electric power generating <br /> <br /> plants which produce power for the Campanies; <br /> and <br /> <br /> (3) Depreciation and depletion charges on <br /> <br /> producing wells computed on successful <br /> <br /> efforts method incurred by TUFCO on behalf of <br /> DP&L, TP&L, and TESCO in developing natural <br /> <br /> gas resources and attributable to such <br /> <br /> Company's share of production thereform. <br /> Unsuccessful exploration and development <br /> <br /> costs shall not be passed through the fuel <br /> <br /> adjustment clause. <br /> <br /> (B) The Commission shall in such Order provide <br /> the opportunity for each Company to recover those <br /> <br /> actual Gosts incurred for fuel and fuel-related <br /> <br /> services found reasonable by the Commission up to <br /> the date of implementation of the prices <br /> <br /> established hereunder through their fuel cost <br /> <br /> factor tariff schedules to the extent that the <br /> Commission finds it appropriate to charge these <br /> <br /> costs through the fuel adjustment clause. <br /> <br /> 6. Companies may, pending further order of the Commission, <br /> charge to and collect from their ratepayers those fuel <br /> <br /> and fuel related expenses incurred from non-affiliated <br /> <br /> <br /> -5- <br />
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