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This document outlines the gas cost recovery rate calculations by Duke Energy Ohio, including expected gas cost components, supplier refunds, actual adjustments, and effective dates for the gas cost

How to fill out gas cost summary sheet

How to fill out gas cost summary sheet

1. Gather all receipts and records of gas expenses.
2. Open the gas cost summary sheet template.
3. In the 'Date' column, enter the date of each gas purchase.
4. In the 'Location' column, specify the gas station where the fuel was purchased.
5. Input the 'Cost' of each gas purchase in the designated column.
6. Enter the 'Mileage' of the vehicle at the time of each purchase.
7. Calculate the total gas costs at the bottom of the sheet.
8. Review for any missing entries and ensure accuracy.
9. Save the completed summary sheet as needed for future reference.

Who needs gas cost summary sheet?

1. Employees who use personal vehicles for business purposes.
2. Freelancers who want to track their fuel expenses for taxes.
3. Employers needing to reimburse staff for fuel costs.
4. Anyone trying to monitor personal or business gas expenses.

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What is gas cost summary sheet?

The gas cost summary sheet is a document used to summarize the costs associated with the procurement and distribution of gas. It typically includes details like purchase prices, transportation costs, and any other associated expenses to provide a clear financial overview of gas-related expenses.

Who is required to file gas cost summary sheet?

Entities that are involved in the purchase, sale, or distribution of gas, such as gas utilities, suppliers, and other related companies, are typically required to file a gas cost summary sheet as part of regulatory compliance.

How to fill out gas cost summary sheet?

To fill out a gas cost summary sheet, gather all relevant data on gas purchases, including quantities, unit costs, transportation fees, and any applicable tariffs. Then, enter this information into the designated fields on the sheet, ensuring all calculations for total costs are accurate and compliant with regulations.

What is the purpose of gas cost summary sheet?

The purpose of the gas cost summary sheet is to provide regulatory bodies with a transparent account of gas procurement costs, ensuring that pricing is fair and justified. It also helps utilities and suppliers manage and analyze their gas expenditures.

What information must be reported on gas cost summary sheet?

The gas cost summary sheet must report information such as the total volume of gas purchased, the pricing structure, monthly or annual totals, transportation costs, storage costs, and any other expenses that contribute to the overall cost of gas supply.