Ord 2006-015 - Laserfiche WebLink

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I CENTERPOINT ENERGY ENTEX BEAUMONTIEAST TEXAS DMSION RATE SHEET TAX ADJUSTMENT RATESCHEDULENO.TA~ The Customers shall reimburse the Company for the Customers' proportionale part of any lax, charge, impost, assessment or fee ofwhatcver kind and by whatever nerne (except ad valomn lIxes and income tlXes) levied upon the Company by any governmental authority Wider any law, rule, relUlation, ordinance, or agreement (hereinafter referred to u "the Tax". Jf the\aw, rule, regulation, ordinlllce, or aareemcnt lavying the Tax specifies a method of colloction from Customers, then the method so specified shall be utilized provided such method multi in the colloction of taxes from the Customers equal to the taxes levied on the Company. If no method of collection is specified, then the Company shall collect an aTnOW1t calculated as I percenlale of the Customas' biDs. The percentage shall be detmnined so that the collection from Customers within the Company's BeaumontlEut Texu Division is equal to the taxeB levied on the Company. The initial Tax Adjusttncnt Rate shall be based on the Taxes that are levied upon the CoIJtpany 01\ the effective: date of this Rate Sdledule. The Company will initiate a new or changed Tax Mjustment Rate beginning with the billing cycle irmnediately following the effective: date of the new or chanpd Tax u specified by the applicable Jaw, rule, regulation, ordinance, or agreement, provided that the Company has the customer billing data neceIIlIJ)' to biD Ind collect the Tax. If at any time there is I significant chanse which will cause an unreasonable over or W1der collection of the Tax., the Company will adjust the Tax. Adjustment Rate so that luch over or under conection will be minimized. The Tax. Adjustment Rate (calculated on a per Ccf or per Mcfbuis, as appropriate) Bhall be ~ to the applicable governmental authority by the Jut businCSl day of the month in which the Tax Adjustment Rate became effective:. I I Exlnbit B Page 12 of 14