Will gas contracts be acceptable proof of verifiable cost (for example, we sign a gas storage contract with $.70 added onto FIP)?
Gas contracts are not considered verifiable costs. However, protocols allow a $.50 fuel adder to the Fuel Index Price (FIP) for verifiable Startup Cost and verifiable minimum energy cost calculation. Protocol also allows, through the dispute process, for the recovery of the difference between the Reliability Unit Commitment (RUC) Guarantee based on the actual price paid for delivered natural gas and a fuel price of FIP*1.X.
Related Questions
- What is acceptable proof that a homeowner was purchasing a home on a contract (for examples: contracts for rent to own, bond for deed, lease to own, or contract for deed)?
- Do contracts need to include for each applicable year a total cost of the contract that includes salary, longevity (if applicable), benefits and all other emoluments?
- Will gas contracts be acceptable proof of verifiable cost (for example, we sign a gas storage contract with $.70 added onto FIP)?
