Common use of Rate Design Clause in Contracts

Rate Design. All rate design changes require PUC approval. All classes of customers will be charged an equal cents per kWh amount for each of the System Benefits Charge, the Energy Consumption Tax (unless modified by a revision to the legislation) and Transition Service (for those customers taking such service). Other than the specific items referenced above, PSNH will recover its costs through customer, demand, meter, and energy (kWh) charges, subject to the constraint that any change to rate design will not result in a shifting of costs between the residential class and all other classes. All rate design changes will be performed on a revenue neutral basis. The average rate reduction for the residential class will be the same as the average rate reduction for all other classes combined. The rate reduction for individual customers or for different general service classes may vary from the average overall rate reduction. Any changes to rate design may not result in a higher bill for any customer. PSNH may seek to adjust or elimi▇▇▇▇ the current humped design of the standard residential rate. PSNH may redesign its general service rates (Rates G, GV and LG) to provide for a smooth transition for customers who switch from one rate class to another as a result of load changes. Rates under Rate COPE and Rate LCS may receive a lower percentage discount than the discount applied to rates for standard service under residential rates and Rate G.

Appears in 2 contracts

Sources: Memorandum of Understanding (North Atlantic Energy Corp /Nh), Memorandum of Understanding (Northeast Utilities System)