500 FUEL ADJUSTMENT CLAUSE COMPUTATION STATEMENT

500.1 The Potomac Electric Power Company (PEPCO) shall, prior to the pass-through of monthly fuel costs or monthly changes in fuel costs through any Fuel Adjustment Clause (FAC), prepare and file with the Public Service Commission (Commission) a standardized fuel adjustment clause computation statement.

500.2 This statement shall provide any information which the staff shall determine is needed for it to adequately verify the accuracy of the calculations supporting the monthly adjustment.

500.3 This statement shall be submitted to the Commission not less than five (5) business days prior to the date requested for the application of the current month's fuel adjustment charge to customers' bills.

500.4 After completing its arithmetic check, staff shall submit, not less than two (2) business days prior to the date requested for the application of the current month's fuel adjustment charge to customers' bills, a written statement to the Commission for its review verifying the accuracy of the numerical computations on a provisional basis, subject to further review and audit.

500.5 Upon completion of Commission review, the computation statement and the staff's verification shall be made available for public inspection at the Commission's offices.

AUTHORITY: Unless otherwise noted, the authority for this chapter is Paragraph 97(b) of §8 of An Act Making appropriations to provide for the expenses of the District of Columbia for the fiscal year ending June thirtieth, nineteen hundred and fourteen, and for other purposes, approved March 4, 1913 (37 Stat. 977); as amended by §2 of the Public Utilities Amendment Act of 1989, D.C. Law 8-47, D.C. Code §43-501 (1981 Ed.).

SOURCE: Final Rulemaking published at 29 DCR 5130 (November 19, 1982).