Common use of Estimated Step I Rates Clause in Contracts

Estimated Step I Rates. The Settling Parties Agree that the following chart estimates the highest allowable impact on ratepayers as compared to the Permanent Revenue Requirement rates, if the Commission approves those rates detailed above. The estimated rate design is based upon a quarterly rate and a consumption charge on a per one hundred cubic feet (ccf) of water The Settling Parties reiterate that these rates are merely illustrative and intended to exhibit the maximum rate allowed by the Settlement Agreement with possible approval of the Step I increase.5 Rate Group Proposed Permanent Rate Revenue Requirement Base Charge Proposed Step I Revenue Requirement Base Charge Proposed Permanent Rate Revenue Requirement Consumption Charge Proposed Permanent Rate Revenue Requirement Consumption Charge Consolidated Tariff Systems (Divisions with Consumption Charge) $148.31 $163.89 $5.77 $6.38 Consolidated Tariff Systems (Divisions without Consumption Charge) $190.10 $210.07 N/A N/A Consolidated Tariff System (Waterville Valley Gateway – Pool) $442.70 $489.21 N/A N/A ▇▇▇▇▇▇▇ Shores $148.31 $163.89 $5.77 $6.38 Wildwood $190.10 $210.07 N/A N/A 5 Again, the Settling Parties agree that while Wildwood and ▇▇▇▇▇▇▇ Shores are presented in the above chart as stand-alone systems, the tariffs submitted after possible approval would reflect the Wildwood and ▇▇▇▇▇▇▇ Shores divisions as part of the consolidated rate group.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement