Fuel adjustment clause definition

Fuel adjustment clause means any mechanism which allows a public utility or electric generating cooperative to automatically adjust its charges above or below the base amount included in its rates, based upon changes in costs of fuel for generation of electricity, purchased power, or purchased gas, and shall include purchased gas adjustment clauses.

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Fuel adjustment clause means any mechanism which allows a

Fuel adjustment clause means a provision of a rate schedule which provides for increases or decreases or both, without prior hearing, in rates reflecting increases or decreases or both in costs incurred by an electric or gas utility for fuel and purchased energy due to changes in the unit cost of fuel and purchased energy.

Examples of Fuel adjustment clause in a sentence

• The Parties agree that upon NorthWestern joining SPP, all revenues from the sale of energy and all expenses from purchases of energy through SPP will be included in the Delivered Cost of Fuel adjustment clause along with all other items currently included.

• Including the full amount of ▇▇▇▇▇▇▇▇▇ now will mitigate the need for a future rate case and associated costs to litigate as well as bring substantial energy cost benefits to customers, including associated production tax credits (“PTCs”) through the Delivered Cost of Fuel adjustment clause.

• Although NorthWestern does not currently engage in non-asset based margin activities, if NorthWestern engages in such activities in the future, any positive non-asset based margins will be shared with customers (70% to shareholders; 30% to customers) through the Delivered Cost of Fuel adjustment clause.

• The Parties agree that South Dakota customers will be credited 100% of asset based margins in the Delivered Cost of Fuel adjustment clause.

• No actions, suits or other proceedings are pending or, to the Knowledge of the Company, threatened that the Company or any of the Company Subsidiaries is infringing, misappropriating or otherwise violating the rights of any Person with regard to any Intellectual Property Right, except for matters that, individually or in the aggregate, have not had and would not reasonably be expected to have a Company Material Adverse Effect.

• The Parties agree that South Dakota customers will be credited 100% of asset-based margins in the Delivered Cost of Fuel adjustment clause.

• Including the full amount of ▇▇▇▇▇▇▇▇▇ now will mitigate the need for a future rate case and associated costs to litigate as well as bring substantial energy cost benefits to customers, including associated production tax credits (PTCs) through the Delivered Cost of Fuel adjustment clause.

More Definitions of Fuel adjustment clause

Fuel adjustment clause means any mechanism which allows a public utility or electric generating cooperative or an electric

Fuel adjustment clause means a provision of a rate

Fuel adjustment clause means the applicable cost recovery rate provision, as approved by PREB from time to time pursuant to Applicable Law, which is made up of the estimated charges related to the purchase, transportation, testing and delivery of fuel for the Legacy Generation Assets for the next quarterly period, along with any prior period cost reconciliations.