Report on results of audit related to charges for wholesale electric service by New England Power Company under the Fuel-Adjustment Clause filed with the Federal Power Commission
Technical Report
·
OSTI ID:6485043
During the 39-month period beginning in April 1972 and ending in June 1975, NEPCO, through monthly fuel-adjustment clause (FAC) billings, charged its wholesale customers and certain other customers about $316.1 million. The audit disclosed that in computing FAC charges applicable to its wholesale customers, NEPCO included certain costs not eligible for inclusion in FAC billings under the applicable FAC on file with the Commission. As a result, for the 39-month period ending in June 1975, wholesale customers were overbilled through the FAC an estimated $800,000. The fact that certain costs were not eligible for inclusion under the FAC were not construed as meaning that the costs may not be proper for consideration in establishing NEPCO's cost of service for rate purposes, apart from the FAC. The staff concluded that in all other respects NEPCO had properly billed its customers for charges in the cost of fossil fuel in accordance with its filed fuel-adjustment clause.
- Research Organization:
- Federal Power Commission, Washington, DC (USA)
- OSTI ID:
- 6485043
- Report Number(s):
- NP-23174
- Country of Publication:
- United States
- Language:
- English
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