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This document is a verified application submitted by Knightstown Utilities to the Indiana Utility Regulatory Commission for approval of changes in fuel cost adjustment charges for electricity service.
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How to fill out verified application and affidavit
How to fill out Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment
01
Obtain the Verified Application and Affidavit forms from the relevant regulatory authority.
02
Read the instructions provided with the forms thoroughly.
03
Fill out your contact information accurately, including name, address, and phone number.
04
Clearly indicate the reason for the request to change the fuel cost adjustment/tracker factor.
05
Provide any necessary supporting documentation that substantiates your request.
06
Ensure all financial calculations are accurate and clearly presented.
07
Review the filled application for completeness and accuracy.
08
Sign and date the affidavit to certify that all the information provided is true and correct.
09
Submit the completed application and affidavit to the designated authority by the deadline.
Who needs Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment?
01
Utility companies seeking to adjust their fuel cost adjustment/tracker factor.
02
Regulated entities that operate in industries affected by fuel cost changes.
03
Any organization or individual who needs to request a formal change in fuel cost adjustments.
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People Also Ask about
What is a fuel adjustment?
The Fuel Adjustment is the part of your electric bill that directly reflects the fluctuating cost of generating power.
What is a fuel adjustment?
The Fuel Adjustment is the part of your electric bill that directly reflects the fluctuating cost of generating power.
Why am I getting a fuel charge on my electric bill?
Fuel surcharges are a way for utilities to manage the volatility of fuel prices while ensuring they can continue to provide reliable electricity. Customers can typically see these charges itemized on their bills, providing transparency regarding the factors influencing their electricity costs.
What is the fuel adjustment charge?
The fuel adjustment clause (FAC) is a charge on your utility bill that accounts for the fluctuating fuel costs of energy generation.
What is fuel cost adjustment?
The Fuel Cost Adjustment (FCA) may increase or decrease your bill. It is based on the difference between forecasted fuel prices and actual fuel prices (oil, gas and coal). The Fuel Cost Adjustment is updated every month to reflect the latest fuel price changes.
What is fuel cost adjustment rider?
The fuel cost adjustment rider addresses the under- and over-recovery of fuel costs used to generate power. Though customers never pay a markup on fuel, the rider facilitates the pass-through costs with annual adjustments that account for changes in marketplace pricing.
What is a fuel cost adjustment?
This adjustment allows the utility or retail energy supplier to pass on variable fuel costs to the customer without changing the underlying rate structure of their service.
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What is Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment?
A Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment is a formal document submitted by utilities to adjust their fuel cost recovery rates, ensuring that the rates reflect changes in fuel costs and are in compliance with regulatory requirements.
Who is required to file Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment?
Utilities or service providers that seek to adjust their fuel cost recovery rates in response to changes in fuel prices are required to file this application.
How to fill out Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment?
To fill out the application, the utility must provide detailed information about the current and proposed fuel cost adjustments, justify the changes, and include necessary supporting documentation to validate the request.
What is the purpose of Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment?
The purpose of the application is to provide transparency and accountability in how utilities adjust fuel costs, ensuring that these changes are justified and approved by regulatory authorities.
What information must be reported on Verified Application and Affidavit for Change in Fuel Cost Adjustment/Tracker Factor Adjustment?
The application must report historical fuel consumption data, current fuel costs, projected fuel costs, justification for the adjustment, and any relevant financial information.
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