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FILED June 8, 2020, INDIANA UTILITY REGULATORY COMMISSION STATE OF INDIANA UTILITY REGULATORY COMMISSION APPLICATION OF DUKE ENERGY INDIANA, LLC FOR APPROVAL OF A CHANGE IN ITS FUEL COST ADJUSTMENT
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How to fill out its fuel cost adjustment
How to fill out its fuel cost adjustment
01
Gather all the necessary information regarding fuel usage and costs.
02
Calculate the total amount spent on fuel for the specific time period.
03
Determine the total number of miles traveled or hours worked during that time period.
04
Divide the total fuel cost by the total miles or hours to calculate the fuel cost per mile or hour.
05
Fill out the fuel cost adjustment form with the calculated fuel cost per mile or hour.
Who needs its fuel cost adjustment?
01
Companies or individuals who use vehicles or machinery that run on fuel.
02
Those who need to accurately track and report their fuel expenses for accounting or reimbursement purposes.
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What is its fuel cost adjustment?
The fuel cost adjustment is the process of reconciling actual fuel costs with the estimated fuel costs included in the utility rates.
Who is required to file its fuel cost adjustment?
Utility companies are required to file their fuel cost adjustment as part of their rate filings.
How to fill out its fuel cost adjustment?
Utility companies must provide detailed information on their actual fuel costs and usage, as well as any other relevant information requested by the regulatory commission.
What is the purpose of its fuel cost adjustment?
The purpose of the fuel cost adjustment is to ensure that customers are only paying for the actual cost of fuel used to generate electricity, rather than an estimate.
What information must be reported on its fuel cost adjustment?
Utility companies must report on actual fuel costs, fuel usage, any fuel cost adjustments from previous periods, and any other relevant information required by the regulatory commission.
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