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FILED July 27, 2020,
INDIANA UTILITY
REGULATORY COMMISSIONSTATE OF INDIANA UTILITY REGULATORY COMMISSION
PETITION OF NORTHERN INDIANA PUBLIC
SERVICE COMPANY LLC FOR APPROVAL OF A
GAS COST ADJUSTMENT
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How to fill out historical gas cost adjustment
How to fill out historical gas cost adjustment
01
Gather all relevant historical data on gas prices from the desired time period.
02
Calculate the average gas cost during the specified time frame.
03
Adjust for inflation using an appropriate inflation index.
04
Consider any additional factors that may have affected gas prices during that time period.
05
Compile all adjusted gas costs into a comprehensive report for reference.
Who needs historical gas cost adjustment?
01
Historical gas cost adjustment may be needed by researchers studying trends in gas prices over time.
02
Economists analyzing the impact of gas prices on the economy may also require historical gas cost adjustment.
03
Government agencies or organizations looking to compare gas prices from different time periods may find historical gas cost adjustment useful.
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What is historical gas cost adjustment?
Historical gas cost adjustment is a regulatory process used to reconcile the actual cost of purchasing gas with the amount collected from customers through rates.
Who is required to file historical gas cost adjustment?
Gas utilities are required to file historical gas cost adjustment with the appropriate regulatory commission.
How to fill out historical gas cost adjustment?
Historical gas cost adjustment is typically filled out by gathering historical gas purchase data and calculating the difference between actual costs and amounts collected from customers.
What is the purpose of historical gas cost adjustment?
The purpose of historical gas cost adjustment is to ensure that gas utilities are not over or under collecting from customers for the cost of gas.
What information must be reported on historical gas cost adjustment?
Information required on historical gas cost adjustment includes historical gas purchase data, customer usage information, and cost recovery mechanisms.
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