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HomeMy WebLinkAbout0464_462462 ATTACHMENT TO ORDINANCE NO. 79-40 CIN OF GEORGETOWN, TEXAS LONE STAR GAS COMPANY TARIFFS & SCHEDULES Item A. The following rates are the maximum applitable to residential and commercial consumers per meter per month or for any part of a month for which gas service is available at the same location. Residential: First 1 Mcf or Fraction Thereof $3.7500 Over 1 MCF @ $2.8419 Commercial: First 1 Mcf or fraction Thereof $6.0000 Over 1 Mcf @ $2.8419 No gas bill will be rendered to any residential or commercial consumer served under the above rate not consuming any gas during any monthly billing period, except that where customer's only use for gas service is in an outdoor grill and/or a fireplace starter, the amount shown for the first consumption block shall constitute a minimum monthly bill. Item B. Gas Cost Adjustment Eacmonthly bill at the above rate shall be adjusted for gas cost as follows: (1) The city gate rate increase or decrease applicable to current billing month residential and commercial sales shall be estimated to the nearest $0.0001 per Mcf based upon: (a) A volume factor of 1.0356 determined for the distribution system as the ratio of Mcf purchased divided by the Mcf sold for the 12 month period ended June 30, 1978. (b) The city gate rate estimated to be applicable to volumes purchased during the current calendar month, expressed to the nearest $0.0001 per Mcf (shown below as "Re"). (c) The base city gate rate of $1.9238 per Mcf. (2) Correction of the estimated adjustment determined by Item B (1) above shall be included as part of the adjustment for the second following billing month. The correcting factor (shown below as "C") shall be expressed to the nearest $0.0001 per Mcf based upon: (a) The corrected adjustment amount based upon the actual city gate rate, less (b) The estimated adjustment amount billed under Item B (1) above, divided by (c) Distribution system residential and commercial sales Mcf recorded on the Company's books during the prior year for the month that the correction is included as part of the adjustment. (3) The adjustment determined by Item B (1) and Item B (2) above shall be multiplied by a tax factor of 1.03090 to include street and alley rental and state occupation tax due to increasing company revenues under this gas cost adjustment provision. In summary, the gas cost adjustment (GCA) shall be determined to the nearest $0.0001 per Mcf by Item B (1), Item B (2) and Item B (3) as follows: GCA = (Item B (1) + Item B (2) X Item B (3)) GCA = (1.0356) (Re - $1.9238) + C X 1.03090 Item C. Tax Adjustment The tax adjustment shall be an amount equivalent to the proportionate part of any new tax, or increased tax, or any other governmental imposition, rental, fee or charge (except state, county, city and special district ad valorem taxes and taxes on net income) levied, assessed or imposed subsequent to October 1, 1978, upon or allocable to the Company's distribution operations, by any new or amended law, ordinance or contract.