Rule 4901:1-14-06 | Customer billing.
(A) Unless otherwise ordered by the commission, the quarterly updated gas cost recovery rate filed in accordance with rule 4901:1-14-04 of the Administrative Code is effective on or after the thirtieth day following the filing date or as otherwise established by the commission. Revisions made to the expected gas cost component pursuant to rule 4901:1-14-04 of the Administrative Code do not affect the effective date of the gas cost recovery rate. The new gas cost recovery rates may be applied to customer accounts on a service-rendered or bills-rendered basis, at the option of the gas or natural gas company. The commission may at any time order a reconciliation adjustment as a result of errors or erroneous reporting.
(B) Except as provided in paragraph (C) of this rule, if the gas cost recovery rate changes during a customer's billing cycle and the gas or natural gas company elects to bill on a service-rendered basis, the gas or natural gas company shall apply a weighted average gas cost recovery (WGCR) rate to its customer bills. The WGCR rate shall be determined in accordance with the following:
(1) GCR1 equals the gas cost recovery rate in effect during the first part of the billing cycle.
(2) GCR2 equals the gas cost recovery rate in effect during the latter part of the billing cycle.
(3) V34 equals a variable representing the total number of days in the billing cycle.
(4) V34.1 equals a variable representing the total number of days in the billing cycle when GCR1 was in effect.
(5) V34.2 equals a variable representing the total number of days in the billing cycle when GCR2 was in effect.
(6) WGCR = [GCR1 x (V34.1 V34)] + [GCR2 x (V34.2 V34)].
(C) If the gas cost recovery rate changes during a customer's billing cycle, and the gas or natural gas company elects to bill on a service-rendered basis, and if the customer's actual daily consumption is known by the gas or natural gas company, the company may, instead of applying a weighted average gas cost recovery rate, apply each gas cost recovery rate which was effective during the billing cycle to the volumes actually consumed when that rate was in effect.
(D) Each gas or natural gas company shall indicate on each customer bill:
(1) The gas cost recovery rate expressed in dollars and cents per Mcf or Ccf; and
(2) The total charge attributable to the gas cost recovery rate expressed in dollars and cents.
Last updated October 7, 2024 at 12:59 PM