BOROUGH OF SAINT CLAIR

 

PURCHASED POWER ADJUSTMENT CLAUSE (C)*

 

A purchased power cost adjustment shall be applied to each kilowatthour supplied under this tariff.  This purchased power cost adjustment, determined to the nearest 0.01 mill in accordance with the formula set forth below shall be applied to all kilowatthours billed in the month following that in which the power purchase adjustment was made by the supplier.

 

                            A    =    ( C – B )

                    

Where	A	Adjustment in mills per kilowatt-hour to be applied to each kilowatthour billed.
	C	The current purchased power cost in mills per kilowatt-hour, determined by dividing the month’s total of Account 7,420,000 Power Purchased for Re-Sale by the kilowatt-hours sold.
	B	Base purchased power costs of 28.56 mills per k.w.h.

            

The “C” and “B” factors are to be determined for the calendar month proceeding the billing month.

 

Minimum bills shall not be reduced by reason of this purchased power cost adjustment clause.  This purchased power cost adjustment clause shall be applied to all kilowatt-hours billed and such charge shall be in addition to any minimum applicable.

 

At least ten  (10) days prior to the beginning of each billing month, the Company will file with Pennsylvania Public Utility Commission in such form as the Commission shall have prescribed, 

(a)    a copy of the computation of the fuel cost adjustment or purchased power adjustment to be applied during such month, and

(b)    such other information pertaining thereto as the Commission may require.

 

The application of this clause shall be subject to continuous review and to audit by the Commission at such intervals as the Commission shall determine.  The Commission shall continuously review the reasonableness and lawfulness of the amounts of the surcharges produced by the fuel adjustment clause and the charges included therein.

 

If from such audit it shall be determined, by final order entered after notice and hearing, that this clause has been erroneously or improperly utilized, the Company will rectify such error or impropriety, and apply credits against future fuel cost adjustments or purchased power adjustments for such revenues as shall have been erroneously or improperly collected.  The Commission’s Order shall be subject to the right of Appeal.

 

 

 

  

The Actual Cost Adjustment (ACA), to reflect Automatic Adjustment Clause under or over collections, shall be computed by taking the applicable cost for the determination period, and subtracting therefrom an amount equal to (1) the base cost of fuel for the determination period subject to automatic adjustment and (2) the automatic adjustment clause revenues recorded on the books of the Company during the reporting period; and subtracting or adding the previous reporting period’s net over or under collection from the application of the ACA.  The derived amount is hereafter represented by the symbol “A”.  Symbol “D” is equal to the kilowatt-hours sold during the reporting period.  The Actual Cost Adjustment shall be computed to the nearest one-hundredth cent for the reporting period.

          Actual Cost Adjustment             ( ACA  =    )

The resulting unit rate per kilowatt hour shall be applied for twelve months commencing with the April application period.

The determination period is the earlier period of time which is the basis of the costs applicable to the reporting period.

The Commission has designated the reporting period for electric utilities to be the twelve months ended January 31.

Statement 1307 (e) for the twelve months ending each January 31, shall be filed within thrity days following the end of such twelve month period.  The statement for such period shall specify

(1) the total revenues received pursuant to the automatic adjustment clause

(2) the total amount of theat expense or class of expenses incurred which is the basis of the automatic adjustment clause and

(3) the difference between the amounts specified by  (1) and (2).