- For existing accounts with a twelve-month usage history: The Monthly Payment will be determined by weather normalizing the past twelve months’ usage for the account and pricing this adjusted usage level on the estimated rates believed to be in effect during the succeeding twelve months.
- For new accounts or where there is not an existing twelve-month usage history: The Monthly Payment will be determined by establishing a weather normalization usage level for a twelve-month period and pricing this usage level on the estimated rates believed to be in effect during the succeeding twelve months. We will utilize connected load and other load characteristics to determine the estimated annual usage level to weather normalize.
4. Semi-Annual Review of Monthly Payment: Upon completion of the June and December Billing Cycles, which occurs at the end of the month, the Monthly Payment will be reviewed and adjusted, as needed, to reflect the proper Monthly Payment for the succeeding six months (July through December; January through June). The newly calculated Monthly Payment will become effective with the July and January Billing Cycles. If the review determines that no change is necessary, then the existing Monthly Payment will be used for the succeeding six months.
- If the Plan account balance is a debit (the Customer owes the Company money) or a credit (the Company owes the Customer money): The balance will be spread over the succeeding twelve months and will be reflected in the revised Monthly Payment, accordingly.