Power Cost Adjustment Clause (PCA)

All filed retail rate schedules referencing this clause.

Rate Charges:

The object of the PCA clause is to recover the total cost of power supply including losses, not included in the basic rate structure.

The "total cost of power supply" is defined as the sum of the fixed and variable costs of power (including fuel and pool interchange net costs), and the cost of transmission of electricity by others, recorded in the FERC Uniform System of Accounts under account number 500 through 514 for New Haven Harbor Unit No. 1, Steam Power Generation; 555 Purchased Power; and 565 Transmission of Electricity by Others.

There shall be added to or subtracted from each monthly bill, for each schedule, an amount equal to the total kWh billed during the month multiplied by the Power Cost Adjustment factor determined as follows:

PCA = A - B + C

where

PCA = Power Cost Adjustment Factor

A = Estimated average cost of purchased power for the calendar year per kilowatt-hour sold as forecast by the Department, net of charges or credits for NEPOOL interchange.

B = Base period cost of purchased power.

C = Adjustment for past differentials between purchased power cost incurred and Power Cost Adjustment revenues collected.

Effective: February 1, 2000

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