Common use of CONSERVATION RATE DESIGN Clause in Contracts

CONSERVATION RATE DESIGN. ISSUE: San Gabriel proposed to adjust the Conservation Rate Design adopted in D.00-00-000 by reducing the proportion of revenues recovered through volumetric rates from 72.03% to the 70% standard consistent with the Best Management Practices established by the California Urban Water Conservation Council. XXX proposed to retain the present 72.03% allocation in order to maintain the current conservation rate design as part of a pilot project. RESOLUTION: San Gabriel accepts XXX’s proposal to retain the 72.03% allocation. DRA and San Gabriel also agree that the rate design should be and is revenue neutral, and that San Xxxxxxx will provide procedural documentation for implementing the 9-step Conservation Rate Design process prior to and at the technical conference in this GRC. XXX recognizes that San Xxxxxxx provided in the present GRC filing the Rate Design information required by D.00-00-000, but San Gabriel agrees to DRA’s request that it also provide the comparable information with its next GRC application. SGV Direct SGV Rebuttal DRA Report Difference Settlement Percentage of revenue recovered through volumetric rates 70% 70% 72.03% 2.03% 72.03% REFERENCES: Exhibit SG-7 (Xxxxxxxxxx), pp. 3-4; Exhibit DRA-1 (Xxxxxxx), pp. 11-1 to 11-9; Exhibit SG-20 (Xxxxxxxxxx), p. 3.

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.