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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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5/22/2012 1:03:48 PM
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CITY CLERK
CITY CLERK - Date
9/13/1982
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<br /> <br /> <br /> <br /> <br /> <br /> <br /> interests and also those which are described in <br /> <br /> Subparagraphs (1), (2), and (3) of paragraph 5(A) <br /> <br /> above. In subsequent rate cases and other proceedings <br /> <br /> involving such matters, the companies shall have the <br /> burden of proving the amounts so charged and collected <br /> <br /> are reasonable. All amounts so charged and collected <br /> <br /> shall be refunded except to the extent that they are <br /> found reasonable and in accordance with this procedure. <br /> <br /> 7. Within twenty-five (25) days after the end of each <br /> <br /> calendar quarter, Companies shall determine whethl~r or <br /> not the established prices as charged for such <br /> <br /> calendar quarter exceeded or were less than the actual <br /> <br /> prices incurred by TUFCO and/or TUGCO for all such fuel <br /> related services for such quarter. Zf the actual <br /> <br /> prices of fuel related services rendered during said <br /> <br /> quarter be less than the price so established by the <br /> <br /> Commission for such calendar quarter, then <br /> the Companies shall report same to the Commission <br /> <br /> and shall refund to their customers the overrecovery <br /> <br /> resulting from the difference between such actual <br /> prices and the prices so established, such refund to be <br /> <br /> .applied to the fuel cost factors for the billing months <br /> <br /> corresponding with the second succeeding calendar <br /> quarter following the overrecovery. In the event <br /> <br /> that the prices established and charged for such <br /> <br /> calendar quarter be less than the actual price <br /> <br /> of fuel related services provided to such Companies <br /> by TUFCO and/or TUGCO, resultinq in an underrecovery <br /> <br /> of the actual cost incurred for such fuel related <br /> <br /> services, then in such event, the Companies shall <br /> be entitled to recover through their fuel cost factor <br /> <br /> schedules in each of the billing months corresponding <br /> <br /> with the second succeeding calendar quarter the <br /> underrecovery resulting from the difference between <br /> <br /> the actual prices and the prices as established, but <br /> <br /> <br /> -6- <br />
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