| (C) Interest shall accrue monthly. The monthly interest
amount shall be calculated by applying the effective monthly interest
factor to the previous month's ending cumulative under/over recovery
fuel and interest balance.
(D) The monthly interest amount shall be added to the
cumulative principal and interest under/over recovery balance.
(E) Interest shall be calculated through the end of
the month of the refund or surcharge.
(2) Rate class as used in this subparagraph shall mean
all customers taking service under the same tariffed rate schedule,
or a group of seasonal agricultural customers as identified by the
electric utility.
(3) Interclass allocations of refunds and surcharges,
including associated interest, shall be developed on a month-by-month
basis and shall be based on the historical kilowatt-hour usage of
each rate class for each month during the period in which the cumulative
under- or over-recovery occurred, adjusted for line losses using the
same commission-approved loss factors that were used in the electric
utility's applicable fixed or interim fuel factor.
(4) Intraclass allocations of refunds and surcharges
shall depend on the voltage level at which the customer receives service
from the electric utility. Retail customers who receive service at
transmission voltage levels, all wholesale customers, and any groups
of seasonal agricultural customers as identified by the electric utility
shall be given refunds or assessed surcharges based on their individual
actual historical usage recorded during each month of the period in
which the cumulative under- or over-recovery occurred, adjusted for
line losses if necessary. All other customers shall be given refunds
or assessed surcharges based on the historical kilowatt-hour usage
of their rate class.
(5) Unless otherwise ordered by the commission, all
refunds shall be made through a one-time bill credit and all surcharges
shall be made on a monthly basis over a period not to exceed 12 months
through a bill charge. However, refunds may be made by check to municipally-owned
electric utility systems if so requested. Retail customers who receive
service at transmission voltage levels, all wholesale customers, and
any groups of seasonal agricultural customers as identified by the
electric utility shall be given a one-time credit or assessed a surcharge
made on a monthly basis over a period not to exceed 12 months through
a bill charge. All other customers shall be given a credit or assessed
a surcharge based on a factor which will be applied to their kilowatt-hour
usage over the refund or surcharge period. This factor will be determined
by dividing the amount of refund or surcharge allocated to each rate
class by forecasted kilowatt-hour usage for the class during the period
in which the refund or surcharge will be made.
(6) A petition to surcharge or refund a fuel under-
or over-recovery balance not associated with a proceeding under subsection
(d) of this section shall be processed in accordance with the filing
schedules in §25.237(d) of this title (relating to Fuel factors)
and the deadlines in §25.237(e) of this title.
(f) Procedural schedule. Upon the filing of a petition
to reconcile fuel expenses in a separate proceeding, the presiding
officer shall set a procedural schedule that will enable the commission
to issue a final order in the proceeding within one year after a materially
complete petition was filed. However, if the deadlines result in a
number of electric utilities filing cases within 45 days of each other,
the presiding officers shall schedule the cases in a manner to allow
the commission to accommodate the workload of the cases irrespective
of whether such procedural schedule enables the commission to issue
a final order in each of the cases within one year after a materially
complete petition is filed.
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| Source Note: The provisions of this §25.236 adopted to be effective July 5, 1999, 24 TexReg 4998; amended to be effective September 30, 1999, 24 TexReg 8162; amended to be effective May 16, 2001, 26 TexReg 3486; amended to be effective June 10, 2014, 39 TexReg 4421 |
