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Attachment H28A page 1 of 5 Formula Rate NonLevelizedRate Formula Template Utilizing FERC Form 1 Data(1)(2)For the 12 months ended 12/31/2018MidAtlantic Interstate Transmission, LLC (3)(4)Line No.
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What is formula rate - non-levelized?
The formula rate - non-levelized is a method used by utilities to calculate their rates based on specific formulas that account for costs without averaging or smoothing over time.
Who is required to file formula rate - non-levelized?
Utilities and energy providers that establish rates through formula methods as determined by regulatory authorities are required to file the formula rate - non-levelized.
How to fill out formula rate - non-levelized?
To fill out the formula rate - non-levelized, utilities must gather pertinent financial data, apply the established formulas as prescribed, and submit the calculated rates along with required supporting documentation.
What is the purpose of formula rate - non-levelized?
The purpose of formula rate - non-levelized is to provide a transparent and efficient way for utilities to adjust rates based on actual costs and changes in financial circumstances without requiring a full rate case.
What information must be reported on formula rate - non-levelized?
Utilities must report financial data including operating expenses, capital expenditures, and any adjustments made according to the formula detailed by regulatory agencies.
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