f
<br /> ity exists for the purpose of reviewing gas rates made by the Cnm- ing the price variation between the blocks, or both, or by changing
<br /> 'pany and undertaking appropriate action thereon as in this ordinance the rate form,by submitting at the time of filing the adjusted Block
<br /> authorized. Rates material and data supporting the desirability for such change
<br /> or changes and the reasonable ness thereof. Provided, the Company
<br /> Nothing in this ordinance shall prevent the power herein given shall make a rate structure study at least once in each five years
<br /> to the Suburban Rate Authority to alter, amend or revise Compant. hereafter. Provided, further, that the Block Hates for any other
<br /> rates from being hereafter delegated, by law, to some other govern- type of gas furnished in place of natural gas may be revised by _
<br /> mental authority. agreement between the Suburban [late Authurity and the Company.
<br /> From and after the effective date of this ordinance, the Cont- Nothing herein shall prevent the Company from establishing
<br /> party shall charge, demand, collect and receive not to exceed the from time to time during the term hereof lower rates than the rates
<br /> following rates for gas supplied to each customer at one location hereby permitted, and, in addition to the rate schedules contained
<br /> in the entire suburban area, including the Municipality, for each in this section, from establishing, changing or discontinuing load
<br /> month,except as said rates shall be changed or modified as herein- building. inducement or competitive roles, provided that such rates
<br /> after provided, viz: shall be reasonable for consumers within different classes of serv-
<br /> ice and that a lesser rate to one class of consumers shall not im-
<br /> First 300 cu ft or Icss 32.00 pose on undue burden of cast upon consumers in other classes.
<br /> Next 3,700 cu It 1.43 per Jl
<br /> Next 26,000 e.u ft 1.10 per 11 The Cowpony shall have the right to contract for the sale of
<br /> Next. 130,000 cu fl 1.00 per dl gas for industrial use on an interruptible basis, requiring the cus-
<br /> Next • 140,000 cu It 1.00 per dl tomer to have standby equipment for use upon.notice by the Com-
<br /> All over 300,000 cu ft .90 per M pany. The Company-'s rules, regulations, schedules or contracts
<br /> for curtailing interruptible gas service shall be uniform as applied
<br /> The rates above specified are called "Block Rates". to each class of interruptible customers.
<br /> The rates permitted by this ordinance, except as to natural gas _ - (b). The Black Rates specified in this section shall remain :
<br /> furnished industrial customers,are for natural gas having a monthly in force and effect until January- 31, 1963. In the month of January,
<br /> average total gross heating value of not less than 950 British Ther- 1963, and thereafter in the month of January of each year during
<br /> mal Units per cubic foot, and shall continue, subject to adjustment the remaining period covered by this ordinance, the Company shall
<br /> as herein provided. decrease the Black Rates, and may increase the same, sufficient
<br /> to permit and enable the Company to realize Actual Net Earnings
<br /> Bills shall be rendered at rates permitted by this ordinance; equal to the Allowable Annual Return,as provided for in Section 4,
<br /> provided,however, that when a bill is not paid within ten (10)days for each calendar year of said remaining period.
<br /> after a bill is delivered or mailed to a customer, the Company may -
<br /> charge, demand, collect and receive the amount thereof plus ten - Increases or decreases in the Block Rotes to be made at or
<br /> per cent 00`b). The Company may require any consumer of gas to about the end of each of the above mentioned calendar years shall
<br /> deposit with it a reasonable amount as security for payment of gas be based upon forecasts for the ensuing calendar year of the rates
<br /> used or to be used by said consumer. The Company shell pay in- required to permit and enable the Company to realize .Actual Net
<br /> terest on the deposit at the rate of six per cent(6%)per annum. Earnings during said calendar year sufficient to produce the Allow-
<br /> able Annual Return plus past unabsorbed deficiencies therein, or
<br /> W. The said rates shall remain in force and effect and be ad- less past unabsorbed overages therein, as the case may be, which
<br /> justed from time to time, as hereinafter provided. In order to avoid may occur after January 1, 1963, under the terms of this ordinance. -
<br /> undue discrimination between customers the Company may, at the
<br /> time specified in this section and subject to review in the same The Company shall file with the Suburban Rate Authority. on
<br /> manner as is provided in said ordinance, adjust the Block Oates or before January 10 of each year, the aforesaid forecasts,together
<br /> either by changing the number and size of the blocks or by chasg- with the Block Rates which are proposed to be effective on bills
<br /> rendered after January 31 of that year.
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