Laserfiche WebLink
CENTERPOINT ENERGY RESOURCES CORP. <br /> DB/A/CENTERPOINT ENERGY ENTEX <br /> AND CENTERPOINT ENERGY TEXAS GAS <br /> HOUSTON DIVISION AND TEXAS COAST DIVISION <br /> RATE SHEET <br /> PURCHASED GAS ADJUSTMENT <br /> RATE SCHEDULE NO.PGA-15 <br /> £ the gas cost portion of bad debt expense; <br /> g. schedule of reconciliation items related to over-recoveries of surcharges previously <br /> approved by the Railroad Commission;and <br /> h. other amounts properly credited to the cost of gas not specifically identified herein. <br /> 9. Reconciliation Component (RC): The amount to be returned to or recovered from customers <br /> each month from the August billing cycle through July billing cycle as a result of the <br /> Reconciliation Audit. <br /> 10. Reconciliation Account:The account maintained by the Company to assure that over time it will <br /> neither over nor under collect revenues as a result of the operation of this Cost of Gas Clause. <br /> Entries shall be made monthly to reflect but not necessarily limited to: <br /> a. the total amounts paid to the Company's supplier(s) for gas applicable to general <br /> service customers as recorded on the Company's books and records; <br /> b. any upstream transportation charges; <br /> c. the cost of gas withdrawn from storage less the cost of gas injected into storage; <br /> d. fixed storage charges; <br /> e. the revenues produced by the operation of this Cost of Gas Clause;and <br /> f. refunds, payments, or charges provided for herein or as approved by the regulatory <br /> authority; <br /> g. The Company shall seek review and approval from the Commission for any Federal <br /> Energy Regulatory Commission(FERC)Intervention costs incurred for the benefit of <br /> customers prior to their inclusion in the cost of gas calculation. Those costs are limited <br /> to reasonable non-employee experts, non-employee attorney fees and prudently <br /> incurred travel expenses; <br /> h. the gas cost portion of bad debt expense; <br /> i. schedule of reconciliation items related to over-recoveries of surcharges previously <br /> approved by the Railroad Commission;and <br /> j. other amounts properly credited to the cost of gas not specifically identified herein. <br /> 11. Carrying Charge for Gas in Storage:A return on the Company's investment for gas in storage. <br /> B. COST OF GAS=Purchased Gas Adjustment(PGA) <br /> In addition to the cost of service as provided under its general service rate schedule(s),the Company shall <br /> bill each general service customer for the Cost of Gas incurred during the billing period.The Cost of Gas <br /> shall be clearly identified on each customer bill. <br /> C. DETERMINATION AND APPLICATION OF THE RECONCILIATION COMPONENT <br /> If the Reconciliation Audit reflects either an over recovery or under recovery of revenues, such amount, <br /> plus or minus the amount of interest calculated pursuant to Section D below,if any,shall be divided by the <br /> general service sales volumes,adjusted for the effects of weather and growth,for the last preceding August <br /> billing cycle through July billing cycle. The Reconciliation Component so determined to collect any <br /> revenue shortfall or to return any excess revenue shall be applied for a twelve month period beginning with <br /> the next following August billing cycle and continuing through the next following July billing cycle at <br /> which time it will terminate until a new Reconciliation Component is determined. <br />