Common use of Blended Replacement Fuel Cost Clause in Contracts

Blended Replacement Fuel Cost. Blended replacement fuel costs are determined monthly by the AGENT and are defined as the weighted average cost, escalated for the current dispatch period, of fuel receipts for the previous month (both long-term contract and spot market receipts) and the projected fuel receipts for the current month.

Blended Replacement Fuel Cost. Blended replacement fuel costs are determined monthly by the AGENT and are defined as the weighted average cost, escalated for the current dispatch period, of fuel receipts for the previous month (both long-term contract and spot market receipts) and the projected fuel receipts for the current month, or as otherwise agreed to by the OPERATING COMPANIES.