501 SEMI-ANNUAL ACCOUNT AUDIT OF FUEL TRANSACTIONS

501.1 The Commission's auditors shall conduct a semi-annual audit of PEPCO's accounts to determine the accuracy of billed fuel cost adjustments.

501.2 The auditors shall implement an audit program that reflects current conditions to verify the proper recording of fuel transactions and to determine the propriety of the account treatment of purchased power and interchange transactions.

501.3 Staff shall report its findings in writing to the Commission, identifying any billing errors made during the review period.

501.4 Upon completion of the Commission review, the staff's audit report shall be made available for public inspection at the Commission's offices.

SOURCE: Final Rulemaking published at 29 DCR 5130, 5131 (November 19, 1982); as amended by Final Rulemaking published at 34 DCR 4088 (June 26, 1987).