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Ordinances 1st series - 150
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Ordinances 1st Series 150 - 253
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Ordinances 1st series - 150
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3/26/2015 2:51:32 PM
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, � <br /> zero; plus (b) monthly average prepayments; plus (c) <br /> monthly average materials and supplies; plus (d) monthly <br /> average fuel stocks; plus (e) monthly average miscellaneous <br /> deferred debits. <br /> Section 11. ALLOWABLE RATES OF RETURN. Subdivision <br /> 1. At the time of an annual rate filing, a projection of <br /> Allowable Rate of Return shall be used as a basis for <br /> calculating allowable revenue for the calendar year of <br /> filing. At the close of such year the Allowable Ra.te of <br /> Return shall be determined and shall be used as a basis <br /> for the Allowable Annual Return. <br /> Subd. 2. Allowable Rates of Return and projections <br /> thereof shall be calculated to the nearest one-hundredth of <br /> one percent. <br /> Section 12. ALLOWABLE RETURN ON COMMON EQUITY. <br /> Subdivision 1. Company shall be allowed a Return on <br /> Common Equity for the Metro Area for the calendar year <br /> 1973 of 13.25$. For the calendar year 1974 Company shall <br /> be allowed a Return on Common Equity for the Metro Area of <br /> 12.95$. For years subsequent to 1974, Company or the <br /> Executive Committee may request a prospective change in <br /> the Allowable Return on Common Equity. Such requests shall <br /> be made during the period between November 15 and December <br /> 15 in any year, to be effective as of January 1 of the <br /> next year, by serving upon the other Party a notice stating <br /> the reasons supporting such change and specifying the <br /> 16 <br />
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