Automatic Adjustment Clauses

In addition to the energy charge in the applicable rate schedule, the cost per kWh will be adjusted by the following:

Cost of Power Adjustment

The Cooperative shall increase or decrease its retail rates by an amount sufficient to compensate for the difference between the actual cost per kWh of energy and the base cost per kWh sold embedded in the rate schedules.

Cost of Debt Adjustment

The Cooperative shall increase or decrease its retail rates by an amount sufficient to compensate for the difference between the actual cost of debt and the base debt cost per kWh embedded in the rate schedules.

Cost of Tax Adjustment

The Cooperative shall bill customers for any excise, license, privilege, or franchise taxes which are levied by laws or ordinances. Such adjustments shall be recovered only from those customers within the jurisdictional boundaries of the taxing bodies and shall be referenced on the bill. Tax adjustments shall be collected in the same manner in which taxes are incurred.