Current Purchase Power Cost Adjustment - $ 0.00
§ 175.230 Why are changes to purchased power costs not included in the procedure for adjusting electric power rates?
Changes to purchased power costs are not included in the procedure for adjusting electric power rates because unforeseen increases in the cost of purchased power are:
(a) Not under our control;
(b) Determined by current market rates; and
(c) Subject to market fluctuations that can occur at an undetermined time and frequency.
§ 175.235 How does BIA include changes in purchased power costs in electric power rates?
When our cost of purchased power changes:
(a) We determine the effect of the change;
(b) We adjust the purchased power component of your bill accordingly;
(c) We add the purchased power adjustment to the existing electric power rate and put it into effect immediately;
(d) The purchased power adjustment remains in effect until we determine future adjustments are necessary;
(e) We must publish in the local newspaper and post at our office a notice of the purchase power adjustment and the basis for the adjustment; and
(f) Our decision to make a purchased power adjustment must be final.