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<br />exhibit a continued <br /> <br />Page 2 of 3 <br /> <br />162g <br /> <br />Rates on contracts covering demands in excess of 7500 kilowatts are subject <br />to special negotiation. <br /> <br />RATE ADJUSTMENI'S <br /> <br />III <br /> <br />Charges resulting from application of the above rates shall be adjusted <br />in accordance with the provisions of the Fuel Clause and the Tax Clause, which <br />are more fully described below: <br /> <br />RlEL CLAUSE <br /> <br />The Energy Charge shall be: <br /> <br />(a) increased by one-tenth (1/10th) mill per KWH for each one cent, <br />or major fraction thereof, by which the average delivered cost of <br />fuel used during the preceding calendar month by the Authority at <br />the Sim Gideon Steam Plant near Bastrop, Texas, exceeds twenty-one <br />cents (21~) per million (1,000,000) BTU; <br /> <br />(b) decreased.1by one-tenth (1/l0th) mill per KWH for each one cent, <br />o or maj or fraction thereof, by which the average delivered cost of <br />fuel used during the preceding calendar month by the Authority at <br />the said Sim Gideon Steam Plant is less than nineteen cents (19\,) <br />per million (1,000,000) BTU. <br /> <br />TAX CLAUSE <br /> <br />I <br /> <br />The Billing Demand Charge and the Energy Charge are subj ect to appropriate <br />ad jus tments to compensate for any tax, license, or other governmental imposition, <br />or increase thereof, (except general ad valorem taxes or income taxes ) which <br />affects the cost to Authority of power and energy to be delivered and which tax, <br />license, or other governmental imposition is imposed upon the Authority or upon <br />its electric business subsequent to the effective date of this ordinance. <br /> <br />MIND1lJM ANNUAL BILL <br /> <br />I <br /> <br />Customers taking seTlTice lIDder this schedule shall pay a minilmJrn charge for <br />demand and energy during each contract year equal to $32.80 per KW of 'tlili co~lr~':: <br />contracted load, or $32.80 per KW of the highest actual KW demand established <br />during said contract year, whichever is the greater. Said mininuun annual charge <br />of $32.80 per kilowatt provided for hereinabove shall be collected in twelve <br />(12) equal installments (herein referred to as monthly mininuun bills) except that <br />if during the current contract year;. <br /> <br />(a) previous monthly bills for demand~d energy have exceeded a pro :rata <br />portion of the annual mininuun, minimum hi:\.l requirements for the current <br />month shall be waived to the extent of such excess;, or <br /> <br />(b) previous monthly bills for demand and energy do not equal the pro <br />rata portion of the annual mininuun due to a higher demand having <br />been established by customer during the current billing month than <br />the billing demands established by customer during previous months of <br />the current contract year, an additional amolIDt shall be included <br />in the billing for the current month in order that the total amount <br />billed during the current, contract year ( including the billing ~6r <br />the current month) shall be equal to the pro rata portion of the annual <br />mininuun based upon the highest billing demand established during the <br />current contract year; or <br /> <br />(c) monthly bills paid by customer have included amolIDts necessary to <br />fulfill the monthly mininuun bill requirements, the portion of such <br />amolUlts which have been carried forward to the current month as set <br />out below may be used to reduce the Energy Charge for the current <br />month. To the extent that the amolIDts necessary to fulfill montl1ly <br />mininuun bill requirements are not used to reduce the Energy Charge <br />in the current month such lUlUSed amolIDts may be carried forward for <br />use in subsequent months of the current contract year. <br />