Examples of Reconciliation Period in a sentence
The Reconciliation Period may include interim and final calculation and payment of rebates.
The process that I just270 described to determine the CFR Adjustment is how ComEd calculates the forecasted costs271 it will incur to procure CMCs during the Reconciliation Period.
In order to be entitled to a reconciliation, Merchant must make a written request via email to reconciliations@cambridgefundingsource.com and provide bank statements from the Account, as well as any other reasonably requested documentation to evidence the Merchant’s actual receipts during the Reconciliation Period.
Combining this amount with the Reconciliation Period variance results in a total over-collection of $119,376 to be applied in this GCA as a decrease in the estimated net cost of gas.
I discuss both the277 Balancing Amount and the CFRMR Factor in more detail below, however, neither amount278 was applicable to customers’ bills during the Reconciliation Period.