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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 /> ' calendar year o� filing equal to the Allowable Annual <br /> Return, as defined in Section 10 plus part or all of <br /> any debit balance or less part or all of any credit <br /> balance in the Stabilization Reserve Account established <br /> under Section 15. The filing shall recite the proposed <br /> change or continuance and the forecasts substantiating <br /> it. Provided however, in order to minimize or prevent <br /> excessive fluctuation in the rates, the Company may <br /> additionally once during a calendar year, but not prior to <br /> July 15 thereof, adjust the rates in the same manner as <br /> provided above. <br /> Subd. 3. The rates to become effective on and after <br /> March 15, 1974, pursuant to Subd. 2 of this section, shall be <br /> subject to a temporary reduction during the year 1974 totaling <br /> $6, 000, 000. Such reduction and any credit balance in the <br /> Stabilization Reserve Account resulting from 1973 operations <br /> will be applied only to the bills of customers located <br /> in those areas of the Metro Area in which the base <br /> electric rates for residential service, general service, and <br /> large general service were no less than such base electric rates <br /> charged in the City of Minneapolis on January 1, 1973. Base <br /> electric rate means the charge to the customer for electric <br /> service excluding any franchise fee, street rental charge, <br /> gross receipts tax or duties or impq&ts, imposed by the <br /> municipality included in or added tq said charge. <br /> 9 <br />
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