Report on results of audit related to charges for wholesale electric service by the Connecticut Light and Power Company under the Fuel-Adjustment Clause filed with the Federal Power Commission

Technical Report · Mon Mar 01 04:00:00 EST 1976

OSTI ID:6784904

During the 23-month period beginning July 1973 and ending May 1975, CL and P, through monthly FAC billings, charged its wholesale customers a total of about $10.3 million. The audit disclosed that in computing fuel-adjustment clauses (FAC) charges applicable to its wholesale customers, CL and P included only those costs eligible for inclusion in determining FAC billings under the approved fuel-adjustment clauses filed with the Commission. The staff concluded that CL and P had properly billed its customers for changes in the cost of fossil-fuel generation in accordance with its filed wholesale FAC. The staff also concluded that procurement policies and practices underlying fossil-fuel costs were adequate to insure that fuel costs were prudently incurred.

• Research Organization: Federal Power Commission, Washington, DC (USA)
• OSTI ID: 6784904
• Report Number(s): NP-23172
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
296000* -- Energy Planning & Policy-- Electric Power
ACCOUNTING
CHARGES
ELECTRIC POWER
ELECTRIC UTILITIES
FEDERAL POWER COMMISSION
MANAGEMENT
NATIONAL ORGANIZATIONS
POWER
PUBLIC UTILITIES
REGULATIONS
US ORGANIZATIONS