Ohio Administrative Code
Title 4901:1 - Utilities
Chapter 4901:1-14 - Uniform Purchased Gas Adjustment Clause
Section 4901:1-14-05 - Gas cost recovery rate
Universal Citation: OH Admin Code 4901:1-14-05
Current through all regulations passed and filed through March 18, 2024
(A) The gas cost recovery rate equals:
(1) The gas or natural gas company's expected
gas cost for the upcoming quarter, or other period as approved by the
commission, pursuant to paragraph (K) of rule
4901:1-14-01 of the
Administrative Code, plus or minus;
(2) The supplier refund and reconciliation
adjustment, which reflects:
(a) Refunds
received from the gas or natural gas company's interstate pipeline suppliers or
other suppliers or service providers plus ten per cent annual interest;
and
(b) Adjustments ordered by the
commission following hearings held pursuant to rule
4901:1-14-08 of the
Administrative Code, plus ten per cent annual interest, plus or
minus;
(3) The actual
adjustment, which compensates for differences between the previous quarter's,
or other commission-approved period's, expected gas cost and the actual cost of
gas during that period, plus or minus; and
(4) The balance adjustment, which compensates
for any under- or overcollections which have occurred as a result of prior
adjustments, plus or minus.
(B) The gas cost recovery rate shall be calculated on a companywide basis, except as provided in paragraph (C) of this rule, in accordance with the appendix to this rule.
(C) The commission may, upon the request of any party or upon its own initiative, permit the company to calculate different gas cost recovery rates for different geographical areas. In determining whether to do so, the commission may consider:
(1) Whether the geographical areas involved
are contiguous;
(2) Whether the
cost of obtaining gas for each of the geographical areas involved can be
separately identified;
(3) The
manner in which the geographical areas involved have been treated in the past;
and
(4) Such other factors as the
commission considers appropriate.
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