[Texas Power & Light Company documents] Page: 1 of 59
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The formula for calculation of the Fuel Cost Factor is as follows:
Fuel Cost Factor = (F- A) X L (Rounded to the nearest 0.0001 )
I. F = Fuel costs estimated to be incurred by the Company for the
current month and shall be composed of the cost of:
(a) fossil and nuclear fuel consumed in the Company's own
plants, excluding that supplied by customer, and the
Company's share of fossil and nuclear fuel consumed in
jointly owned or leased plants, and
(b) plus the actual identifiable fossil and nuclear fuel costs
associated with energy purchased, and
(c) plus the cost of economy energy purchased, and
(d) plus fuel costs* for net interchange received, and
(e) less fuel cost* for net interchange delivered, and
(f) less the cost of all fossil and nuclear fuel recovered
through off system sales to affiliates or unaffiliated
*Cumulative interchange shall be recorded in a deferred
account. Fuel cost of net interchange energy received shall
be calculated at the average cost of fuel associated with
amounts of interchange energy previously delivered by the
Company and deferred, or at the replacement cost of such
energy when amounts of such previous deliveries are
depleted. Fuel Cost of net energy delivered shall be
calculated at the average cost associated with amounts of
interchange energy previously received by the Company and
deferred, or at the incremental fuel cost of such energy
delivered when amounts of such previous receipts are
XU TEXAS POWER
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Texas Power. [Texas Power & Light Company documents], letter, Date Unknown; (texashistory.unt.edu/ark:/67531/metapth3166/m1/1/: accessed May 23, 2018), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; crediting Alvord Public Library.