The fuel adjustment clause shall be of the following form:
FAC | = | (CF + CPP - CNS) X 100 | - BFC + Ra + Ro + D |
S |
where:
FAC | = | Fuel adjustment charge per KWH. The amount in cents per KWH, rounded to the nearest .001¢, to be charged for each applicable KWH billed or delivered in the billing period, in excess of that amount included in Base Fuel Costs. The FAC is subject to refunds or increases due to overcollection or undercollection, depending on the results of the automatic reconciliation factor (Ra) and the ordered reconciliation factor (Ro) as defined under Section 425.50 "Administration". |
CF | = | Allowable fuel cost associated with company owned generating plants. Fuel cost shall be interpreted in accordance with Section 425.40 "Interpretation" to include all fossil and nuclear fuel to be consumed in the utility's own plants or in plants owned by wholly-owned subsidiaries of the utility and/or the utility's share of fossil and nuclear fuel to be consumed in jointly owned or leased plants during the period for which the FAC is being determined. |
CPP | = | Allowable energy cost associated with purchased power. Purchased power shall be interpreted to include emergency, contract, and economy purchases. Except for power purchased for economy reasons, only the energy portion of the power to be purchased during the period for which the FAC is being determined is to be included. All other associated charges are specifically excluded. The demand charges for power to be purchased for economy reasons are allowable energy cost. |
CNS | = | Energy costs associated with sales not subject to FAC. Energy costs associated with non-jurisdictional sales, interdepartmental sales, energy furnished without charge, and other sales not subject to FAC shall be included in factor CNS on the basis of average CNS energy cost during the period for which the FAC is being determined, except in the case of energy costs associated with interchange power sales, and except in the case of energy costs associated with sales made to retail customers as a "competitive service", as that time is defined in Section 16-102 of the Public Utilities Act [220 ILCS 5/16-102] . Energy costs associated with interchange power sales and sales made to retail customers as a competitive service shall be included in factor CNS on an incremental cost basis. |
S | = | Applicable estimated KWHs subject to FAC either to be billed or delivered during the period for which the FAC is being determined. |
BFC | = | Base fuel cost in cents/KWH. |
Ra | = | Automatic Reconciliation factor in cents/KWH. |
Ro | = | Ordered Reconciliation factor in cents/KWH. |
D | = | Desulfurization fee in cents/KWH. |
Ill. Admin. Code tit. 83, § 425.30
Amended at 25 Ill. Reg. 10182, effective August 1, 2001