1. (a) Overall gas supply objectives, identifying key strategies and planning parameters and measures of performance, such as:

   1. (1) Weighted average cost of gas (WACOG); and
   2. (2) Volatility of WACOG.
2. (b) Options offered to customers to respond to the prices projected to result from its strategy, and customer education efforts employed to inform customers of the projected prices and options.

3. (c) Actuals for prior year:

   1. (1) Performance of strategy in prior year, including comparison of actual to projected levels of requirements and WACOG;
   2. (2) Prior-year bid and contract administration, including RFPs sent and bids received;
   3. (3) Prior-year spot market purchases;
   4. (4) Prior-year cost of purchases by month; and
   5. (5) Prior-year demand forecast compared to actual results.

4. (d) Projections for plan year:

   1. (1) Projected peak day and annual supply requirements for both transportation capacity and gas supply, and associated projected resource mix;

   2. (2) Market intelligence, such as:

      1. (A) Projections of wellhead prices; and
      2. (B) Costs of various hedging instruments;
   3. (3) Bidding/negotiating parameters as established by each utility; and
   4. (4) Projected gas supply costs by month, including costs for hedging.

Codification Notes: This section was promulgated as Appendix in the Natural Gas Procurement Plan Rules prior to codification in the Code of Arkansas Rules. This section, as promulgated prior to codification into the Code of Arkansas Rules, contained footnotes to the following: Footnote to 23 CAR § 456-104(c)(3) provided as follows: "1 For purposes of these rules, "spot market purchases" are defined as gas purchased for a term of one month or less." Footnote to 23 CAR § 456-104(c)(4) provided as follows: "2 Commodity cost plus fuel." "RFPs" means requests for proposals.