(a) The City shall recover, through the gas cost recovery charge, the gas cost component of the total retail rate.
(b) The formula for calculating the gas cost recovery (GCR) shall include all commodity expenses and purchases, all transportation expenses and revenues, all unaccounted for gas expenses, all expenses associated with municipal facility service, and all special contract expenses. The portion of the revenue from special contract customers which exceeds the volumetric charges and the operations cost adjustment shall be included in the GCR calculation.
(c) The gas cost recovery charge calculation shall be applicable to all Schedule “RS,” Schedule "CS,” Schedule “IS,” and Schedule “OCS” bills.
(d) The City may, at the option of the Service Safety Director, adjust the gas cost recovery charge quarterly or whenever changes in gas acquisition and delivery costs, sales level or system operating characteristics cause, or may be reasonably anticipated to cause, an increase or decrease in the gas cost component.
(Ord. 62-98. Passed 12-14-98.)
(Ord. 62-98. Passed 12-14-98.)