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1 1BEFORE THE FLORIDA PUBLIC SERVICE COMMISSION2 3DOCKET NO. 070003GU In the Matter of4 5PURCHASED GAS ADJUSTMENT (PGA) TRUE UP.67a 9ELECTRONIC VERSIONS OF THIS TRANSCRIPT ARE A CONVENIENCE COPY ONLY
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How to fill out purchased gas adjustment clause
01
To fill out a purchased gas adjustment clause, follow these steps:
02
Start by reading and understanding the purchased gas adjustment clause form.
03
Gather all relevant information, such as gas purchase agreement, historical gas usage data, and current gas prices.
04
Begin by entering the date and details of the gas purchase agreement.
05
Specify the calculation method for purchased gas adjustment, whether it's based on index pricing or specific formula.
06
Fill in the current gas prices or formula variables for calculation purposes.
07
Determine the frequency at which the adjustment will be made, such as monthly or annually.
08
Include any additional provisions or terms related to the purchased gas adjustment clause.
09
Review the filled-out form for accuracy and correctness.
10
Sign and date the form, and make copies for all involved parties.
11
Distribute the filled-out form to the relevant entities as per the gas purchase agreement.
Who needs purchased gas adjustment clause?
01
The purchased gas adjustment clause is typically needed by:
02
- Gas suppliers who want to adjust their prices based on fluctuations in gas market prices.
03
- Commercial and industrial gas consumers who want more transparency in pricing and want adjustments according to market conditions.
04
- Utilities and energy providers who purchase gas wholesale and want to accurately pass on the cost changes to their customers.
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What is purchased gas adjustment clause?
A purchased gas adjustment clause is a provision in a utility company's rate schedule that allows for the adjustment of gas charges based on fluctuations in the cost of purchasing gas. It ensures that the utility can pass on the actual cost of gas to consumers.
Who is required to file purchased gas adjustment clause?
Utilities and gas suppliers that sell natural gas to consumers are typically required to file a purchased gas adjustment clause with the appropriate regulatory agency to ensure transparency and compliance with regulations.
How to fill out purchased gas adjustment clause?
To fill out a purchased gas adjustment clause, utilities must provide detailed information on their gas procurement costs, the calculation methodology for adjustments, and the specific rates that will be charged to consumers based on those costs.
What is the purpose of purchased gas adjustment clause?
The purpose of a purchased gas adjustment clause is to ensure that utility customers are charged fairly based on the actual costs of gas purchases, allowing for rate adjustments that reflect market conditions.
What information must be reported on purchased gas adjustment clause?
Information reported on a purchased gas adjustment clause typically includes the cost of gas purchases, the basis for adjustments, historical gas prices, estimated future costs, and the calculation of rates to be charged to customers.
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