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HomeMy WebLinkAboutORD 1977-02 - Board 1 ORDINANCE N O. 77 Q --- of de TRUCKEE-DONNER PUBLIC UTILITY DISTRICT ESTABLISHI14G A FUEL CLAUSE ADJUSTMENT BE IT ENACTED by the Board of Directors of the Truckee-Donner Public Utility District as follows • The monthly charges for service otherwise app- licable under each of the District ' s rate schedules shall be increased or decreased in accordance with increases or decreases in the amount charged by the District ' s wholesale supplier of power and energy due to such supplier ' s cost of fuel . The adjustment amount shall apply to all kilowatt-hours used during the billing period and shall consist of the suit of (1) an amount equal to the fuel cost adjustment of the supplier estimated by the District for the billing period, and (2) an amount equa l "to previous under-recovered or over-recovered fuel costs. 1. The District ' s Fuel Clause Adjustment Factor for the billing period shall be computed as follows - The supplier ' s estimated fuel clause adjustment per kWh for the District ' s billing period shall be divided by the ratio of the District ' s estimated kilowatt-hour sales to the estimated kilowatt-hours purchased for the billing period and rounded to the nearest ($0 * 00001) 1 2 . The amount of under-recovered or over-- recovered fuel costs for the billing period shall be determined and applied as follows -- The actual fuel adjustment costs charged by the supplier for the billing period will be subtracted from the fuel adjustment costs billed by the District during the billing period. The resulting balance shall be charged or credited to a special subaccount under Account 186 , Miscellaneous Deferred Debits, and the offsetting entry made to .Account 557, Other Supply Expenses. The balance in the subaccount (Account 18 6) at the end of the billing period shall be divided by the District ' s estimated applicable kilowatt hour sales for the billing period following the current billing period and rounded to the nearest ($0 . 00001) . L,ew Offices of Steven E. Grumer Page 1 1 d - jai.. t 3. The Adjustment per kilowatt-hour shall be reviewed every billing period and become effective on the first day of the billing period. It shall consist of the District ' s estimated Fuel Clause Adjustment Factor for the current billing period as determined in paragraph'' 1 plus the adjustment for under-recovered or over-recovered fuel 1 costs from the preceding billing period as determined by paragraph 2 . This Ordinance shall become effective on the 1st day of the month after the lapse of thirty (30) days from the date of adoption. The Clerk of the District shall immediately cause a copy of this Ordinance to be published once in the local newspaper and copies shall be posted in at least three (3) public places within the District. Passed and adopted -by the Board of Directors of the TRUCKEE-DONNER PUBLIC UTILITY DISTRICT at a regular meeting thereof duly called and held in the District on the day of �. 1977 , by the following roll call vote: 1AYES: � r r iew . NOES: ABSENT: , TRUCKEE--DONNER PUBLIC UTILITY DISTRICT ATTEST. By: JOHN /_S1 CRAiG Pre s i dent C16rk Thereof Page 2 Law Offices of Steven E. Grumer