RES 82480 - Laserfiche WebLink

.~;. PRELIMINARY STATEMENT (~n~) P~T B F~Vi~ed Cal. P.U.C~Shcet=No~ 7176-E Canoeling Revised Ca]. P.U.C Sheet No, 6965-~ · · · · I.. !_."' Behnc~g I~te The Balancing Rate per ki]owatt hour sold shall be determined by dividing (1) the balance in the Energy Cost Adjustment Account at the ~nd of the latest available month at the time of the computation being made under the provisions hereof, by (2) the Record Period kilowatt hours of applicable ju- risdictional sales.* 10. Energy Cost Adjusmaent Account Effective April 1, 1976, the Utility shall maintain an Energy Cost Adjust- ment Account. Entries shall be made to this account at the end of each month as follows: (a) A debit entry equal to, if positive (credit entry, if negative): (1) the actual fuel expense during the month for the generation of electricity, actual purchased energy expense during the month ex. eluding operation and maintenance payments and the Eureka Energy fuel service charge during the month for projects approved by the Commission, less (2) the mount of revenne billed during the month under the Offset Rate (not including the adjustment for franchise and unsolleetible accounts expense ), less (3) the amount equal to the volume of energy. sold during the month to mvh~ch the Adjustment hie is applicable multiplied by the Base Weighted Rate for Fuel and Purchased Energy, less (4) the mount of revenue billed during the month to the California De- partment of Water Resources under present contracts, less (5) the mount of revenue, if any, billed during the mouth for the fuel and purchased energy component of inter-system transactions based on incremental or replacement fuel costs, less (6) the recorded fuel ex]~ense during the month associated ~ith fuel re- ceipts in payment for electric service but not to exceed the expense for fuel actually used to provide such service. (b) A credit entry equal to the amount elf revenue billed during the mouth under the Balancing Rate (not including the adjustment for franchise and uncollectible aceouts expense) if positive (debit entry, if negative). (c) If the Utility receives from any of its gas or geothermal or purchased energy suppliers cash refunds, including any associated interest, on and after the date this Energy Cost Adjustment Clause becomes effective, the amount thereof associated with sales of electricity shall be recorded as a credit to the Utility 's Energy. Cost Adjustment Account. Cash refunds associated mvith purchases of coal, oil, or nuclear fuel shall be recorded as a credit to the appropriate inventory account. An appropriate ad- justment shall he made to reflect any sale of fuel. (d) A debit entry equal to interesi on the average of the balance in this account at the beginning of lhe month end the balance in thi~ account after entries (a), (b) and (c) above. if avenge balance is debit (credit entry, if average is credit). at a rule equal to 1/12 the interest rate on commercial paper (prime, 3 months) for the previous month as reported in the Federal Reserve Statistical Release. G.13. or its succes.~or. Advice Letter No, 788-E ])eciM~n No. 91269 Issued by W. M. Gallsvan Viee-President~Rates and Valuation (continued DateFiledFebruarv 13, Effective aanuarV Resolution No.