Big Stone AQCS Sample Clauses

Big Stone AQCS. The Parties agree that it is consistent with South Dakota law and the Commission’s rules and orders to include all committed capital costs and AFUDC through project in service for the Big Stone AQCS. Because the Big Stone AQCS is a significant capital addition that will be placed in service after the implementation of interim rates on July 1, 2015, the Parties agree to include the revenue requirement of this project in rates when the Big Stone AQCS is placed in service (expected to be December 1, 2015). The difference between the increase in rates including Big Stone AQCS and the increase in rates excluding Big Stone AQCS for the time period between July 1, 2015 and the in service date of Big Stone AQCS shall be refunded to customers through the calculation of the interim rate refund. This will be in addition to the refund of the difference between interim rates and the approved final rates, as discussed below in Paragraph 5. Final rates will be implemented following the in service date of Big Stone AQCS. The revenue deficiency including Big Stone AQCS, shown above, includes the investments and related depreciation through September 30, 2015, and forecasted expenditures through November 30, 2015. Capital expenditures for other capital investments completed between August 1, 2015, and October 1, 2015, are also excluded from rates until the Big Stone AQCS is placed in service.
Sample 1
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Big Stone AQCS. The Parties agree that it is consistent with South Dakota law and the Commission’s rules and orders to include all committed capital costs and AFUDC through project in service for the Big Stone AQCS. Because the Big Stone AQCS is a significant capital addition that will be placed in service after the implementation of interim rates on July 1, 2015, the Parties agree to include the revenue requirement of this project in rates when the Big Stone AQCS is placed in service (expected to be November 1, 2015). The difference between the increase in rates including Big Stone AQCS and the increase in rates excluding Big Stone AQCS for the time period between July 1, 2015 and the in service date of Big Stone AQCS shall be refunded to customers through the calculation of the interim rate refund. This will be in addition to the refund of the difference between interim rates and the approved final rates, as discussed below in Paragraph 6. Final rates will be implemented following the in service date of Big Stone AQCS.
Sample 1

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