Ord 2006-015 - Laserfiche WebLink

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I CENTERPOINT ENERGY SOUTH TEXAS DMSlON RATE SHEET TAX ADJUSTMENT RATE SCHEDULE NO. T A-J The Customers shaU reimburse the Compaoy for the Customers' proportionate part of any tax, charge, impost. assessment or fee ofwhatcver kind and by whatever name (except ad valorem taxes and income taxes) levied upon the Company by any governmental authority under any law, rule, regulation, ordinance, or agreement (hereinafter referred to as ''the Tax''). Uthe law, rule, regulatiOll, ordinance, or agreement levying the Tax specifies a method of collection from Customms. then the method so specified sha1J be utilized provided such method results in the collection of taxes from the Customers equal to the taxes levied on the Company. If no method of coUection is specified, then the Compaoy shall collect an unount calcu1ated !IS a percentage of the Customers' bills. 1'be percentage shall be determined so that the collection from Customers within the Company's South Texas Division is equal to the taxes levied on the Company. The initi/LI Tax Adjustment Rate shall be based on the Taxes that are levied upon the Company on the effective date of this Rate Sdledule. The Company will initiate 8 new or changed Tax Adjustment Rate beginning with tho billing cycle immediately following the effective date of the new or chlll18ed Tax as specified by the applicable law, role, regulation, ordinance, or agreement, provided that the Company hu the customer billing data necessary to bill and collect the Tax. If at any time there is a sjgnificant change which will cause an unreasonable over or under collection of the Tax, the Company will adjust the Tax Adjustment Rate so that such over or under colJection wiD be minimized. The Tax Adjustmcnt Rate (calculated on a per eef or per Mcfbaais, as appropriate) shalJ be reported. to the applicable governmental authority by the last business day of the month in whic:b the Tax AdjUSbnent Rate became effective. I I Exhibit A Page 11 of 13