Common use of Escalation to Exchange Period Clause in Contracts

Escalation to Exchange Period. (1) This section describes the method Bonneville will use to escalate the Base Period ASC to and through the Exchange Period to calculate the Ex- change Period ASC. (2) Bonneville will escalate the Bon- neville-approved Base Period ASC to the midpoint of the fiscal year for a one-year Rate Period/Exchange Period, and to the midpoint of the two-year pe- riod for a two-year Rate Period/Ex- change Period to calculate Exchange Period ASCs. (3) For purposes of the escalation ref- erenced in paragraph (a)(2) of this sec- tion, Bonneville will use the following codes in the ASC forecast model to cal- culate the Exchange Period ASCs: (i) A&G—Administrative and Gen- eral. (ii) CACNT—Customer Account. (iii) CD—Construction, Distribution Plant. (iv) CONSTANT—Constant. (v) CSALES—Customer Sales. (vi) CSERVE—Customer Service. (vii) COAL—Coal. (viii) DMN—Distribution Mainte- xxxxx. (ix) DOPS—Distribution Operations (x) HMN—Hydro Maintenance. (xi) HOPS—Hydro Operations. (xii) INF—Inflation. (xiii) NATGAS—Natural Gas. (xiv) NFUEL—Nuclear Fuel. (xv) NMN—Nuclear Maintenance. (xvi) NOPS—Nuclear Operations. (xvii) OMN—Other Production Main- tenance. (xviii) OOPS—Other Production Op- erations. (xix) SNM—Steam Maintenance. (xx) SOPS—Steam Operations. (xxi) TMN—Transmission Mainte- xxxxx. (xxii) TOPS—Transmission Oper- ations. (xxiii) WAGES—Wages. (4) Table 1 identifies which codes from paragraph (a)(3) of this section apply to the line items and associated FERC Accounts in the Appendix 1. Bonneville will use Global Insight as the source of data for the escalation codes identified in paragraph (a)(3) of this section, except for the NATGAS and CONSTANT codes. For the NATGAS code identified in paragraph (a)(3)(xiii) of this section, Bonneville will calculate the escalation rate using Bonneville’s most current forecast of natural gas prices. The code CON- STANT in paragraph (a)(3)(iv) of this section indicates that no escalation to the Account will be made. (5) Bonneville will base the costs of power products purchased from Bonne- ville on Bonneville’s forecast of prices for its products. (6) Bonneville will escalate the Pub- lic Purpose Charge forward to the mid- point of the Exchange Period by the same rate of growth as total Contract System Load. (7) If any of the escalators specified in paragraph (a) of this section are no longer available, Bonneville will des- ignate a replacement source of such es- calator(s) that, as near as possible, rep- licates the results produced by the prior escalator. If a replacement source is not available, Bonneville will use the INF escalation code identified in para- graph (a)(3)(xii) of this section as the replacement escalator.

Escalation to Exchange Period. (1) This section describes the method Bonneville will use to escalate the Base Period ASC to and through the Exchange Period to calculate the Ex- change Period ASC. (2) Bonneville will escalate the Bon- neville-approved Base Period ASC to the midpoint of the fiscal year for a one-year Rate Period/Exchange Period, and to the midpoint of the two-year pe- riod for a two-year Rate Period/Ex- change Period to calculate Exchange Period ASCs. (3) For purposes of the escalation ref- erenced in paragraph (a)(2) of this sec- tion, Bonneville will use the following codes in the ASC forecast model to cal- culate the Exchange Period ASCs: (i) A&G—Administrative and Gen- eral. (ii) CACNT—Customer Account. (iii) CD—Construction, Distribution Plant. (iv) CONSTANT—Constant. (v) CSALES—Customer Sales. (vi) CSERVE—Customer Service. (vii) COAL—Coal. (viii) DMN—Distribution Mainte- xxxxx. (ix) DOPS—Distribution Operations (x) HMN—Hydro Maintenance. (xi) HOPS—Hydro Operations. (xii) INF—Inflation. (xiii) NATGAS—Natural Gas. (xiv) NFUEL—Nuclear Fuel. (xv) NMN—Nuclear Maintenance. (xvi) NOPS—Nuclear Operations. (xvii) OMN—Other Production Main- tenance. (xviii) OOPS—Other Production Op- erations. (xix) SNM—Steam Maintenance. (xx) SOPS—Steam Operations. (xxi) TMN—Transmission Mainte- xxxxx. (xxii) TOPS—Transmission Oper- ations. (xxiii) WAGES—Wages. (4) Table 1 identifies which codes from paragraph (a)(3) of this section apply to the line items and associated FERC Accounts in the Appendix 1. Bonneville will use Global Insight as the source of data for the escalation codes identified in paragraph (a)(3) of this section, except for the NATGAS and CONSTANT codes. For the NATGAS code identified in paragraph (a)(3)(xiii) of this section, Bonneville will calculate the escalation rate using Bonneville’s most current forecast of natural gas prices. The code CON- STANT in paragraph (a)(3)(iv) of this section indicates that no escalation to the Account will be made. (5) Bonneville will base the costs of power products purchased from Bonne- ville on Bonneville’s forecast of prices for its products. (6) Bonneville will escalate the Pub- lic Purpose Charge forward to the mid- point of the Exchange Period by the same rate of growth as total Contract System Load. (7) If any of the escalators specified in paragraph (a) of this section are no longer available, Bonneville will des- ignate a replacement source of such es- calator(s) that, as near as possible, rep- licates the results produced by the prior escalator. If a replacement source is not available, Bonneville will use the INF escalation code identified in para- graph (a)(3)(xii) of this section as the replacement escalator.

Escalation to Exchange Period. (1) This section describes the method Bonneville will use to escalate the Base Period ASC to and through the Exchange Period to calculate the Ex- change Period ASC. (2) Bonneville will escalate the Bon- neville-approved Base Period ASC to the midpoint of the fiscal year for a one-year Rate Period/Exchange Period, and to the midpoint of the two-year pe- riod for a two-year Rate Period/Ex- change Period to calculate Exchange Period ASCs. (3) For purposes of the escalation ref- erenced in paragraph (a)(2) of this sec- tion, Bonneville will use the following codes in the ASC forecast model to cal- culate the Exchange Period ASCs: (i) A&G—Administrative and Gen- eral. (ii) CACNT—Customer Account. (iii) CD—Construction, Distribution Plant. (iv) CONSTANT—Constant. (v) CSALES—Customer Sales. (vi) CSERVE—Customer Service. (vii) COAL—Coal. (viii) DMN—Distribution Mainte- xxxxx. (ix) DOPS—Distribution Operations (x) HMN—Hydro Maintenance. (xi) HOPS—Hydro Operations. (xii) INF—Inflation. (xiii) NATGAS—Natural Gas. (xiv) NFUEL—Nuclear Fuel. (xv) NMN—Nuclear Maintenance. (xvi) NOPS—Nuclear Operations. (xvii) OMN—Other Production Main- tenance. (xviii) OOPS—Other Production Op- erations. (xix) SNM—Steam Maintenance. (xx) SOPS—Steam Operations. (xxi) TMN—Transmission Mainte- xxxxx. (xxii) TOPS—Transmission Oper- ations. . (xxiii) WAGES—Wages. (4) Table 1 identifies which codes from paragraph (a)(3) of this section apply to the line items and associated FERC Accounts in the Appendix 1. Bonneville will use Global Insight as the source of data for the escalation codes identified indentified in paragraph (a)(3) of this section, except for the NATGAS and CONSTANT codes. For the NATGAS code identified in paragraph (a)(3)(xiii) of this section, Bonneville will calculate the escalation rate using Bonneville’s most current forecast of natural gas prices. The code CON- STANT in paragraph (a)(3)(iv) of this section indicates that no escalation to the Account will be made. (5) Bonneville will base the costs of power products purchased from Bonne- ville on Bonneville’s forecast of prices for its products. (6) Bonneville will escalate the Pub- lic Purpose Charge forward to the mid- point of the Exchange Period by the same rate of growth as total Contract System Load. (7) If any of the escalators specified in paragraph (a) of this section are no longer available, Bonneville will des- ignate a replacement source of such es- calator(s) that, as near as possible, rep- licates the results produced by the prior escalator. If a replacement source is not available, Bonneville will use the INF escalation code identified in para- graph (a)(3)(xii) of this section as the replacement escalator.

Escalation to Exchange Period. (1) This section describes the method Bonneville Bon- neville will use to escalate the Base Period ASC to and through the Exchange Ex- change Period to calculate the Ex- change Period ASC. (2) Bonneville will escalate the Bon- neville-approved Base Period ASC to the midpoint of the fiscal year for a one-year Rate Period/Exchange Period, and to the midpoint of the two-year pe- riod for a two-year Rate Period/Ex- change Period to calculate Exchange Period ASCs. (3) For purposes of the escalation ref- erenced in paragraph (a)(2) of this sec- tion, Bonneville will use the following codes in the ASC forecast model to cal- culate the Exchange Period ASCs: (i) A&G—Administrative and Gen- eral. (ii) CACNT—Customer Account. (iii) CD—Construction, Distribution Plant. (iv) CONSTANT—Constant. (v) CSALES—Customer Sales. (vi) CSERVE—Customer Service. (vii) COAL—Coal. (viii) DMN—Distribution Mainte- xxxxx. (ix) DOPS—Distribution Operations (x) HMN—Hydro Maintenance. (xi) HOPS—Hydro Operations. (xii) INF—Inflation. (xiii) NATGAS—Natural Gas. (xiv) NFUEL—Nuclear Fuel. (xv) NMN—Nuclear Maintenance. (xvi) NOPS—Nuclear Operations. (xvii) OMN—Other Production Main- tenance. (xviii) OOPS—Other Production Op- erations. (xix) SNM—Steam Maintenance. (xx) SOPS—Steam Operations. (xxi) TMN—Transmission Mainte- xxxxx. (xxii) TOPS—Transmission Oper- ations. VerDate Sep<11>2014 17:13 May 03, 2023 Jkt 259062 PO 00000 Frm 00920 Fmt 8010 Sfmt 8010 Q:\18\18V1.TXT PC31 (xxiii) WAGES—Wages. (4) Table 1 identifies which codes from paragraph (a)(3) of this section apply to the line items and associated FERC Accounts in the Appendix 1. Bonneville will use Global Insight as the source of data for the escalation codes identified in paragraph (a)(3) of this section, except for the NATGAS and CONSTANT codes. For the NATGAS code identified in paragraph (a)(3)(xiii) of this section, Bonneville will calculate the escalation rate using Bonneville’s most current forecast of natural gas prices. The code CON- STANT in paragraph (a)(3)(iv) of this section indicates that no escalation to the Account will be made. (5) Bonneville will base the costs of power products purchased from Bonne- ville on Bonneville’s forecast of prices for its products. (6) Bonneville will escalate the Pub- lic Purpose Charge forward to the mid- point of the Exchange Period by the same rate of growth as total Contract System Load. (7) If any of the escalators specified in paragraph (a) of this section are no longer available, Bonneville will des- ignate a replacement source of such es- calator(s) that, as near as possible, rep- licates the results produced by the prior escalator. If a replacement source is not available, Bonneville will use the INF escalation code identified in para- graph (a)(3)(xii) of this section as the replacement escalator.

Escalation to Exchange Period. (1) This section describes the method Bonneville Bon- neville will use to escalate the Base Period ASC to and through the Exchange Ex- change Period to calculate the Ex- change Period ASC. (2) Bonneville will escalate the Bon- neville-approved Base Period ASC to the midpoint of the fiscal year for a one-year Rate Period/Exchange Period, and to the midpoint of the two-year pe- riod for a two-year Rate Period/Ex- change Period to calculate Exchange Period ASCs. (3) For purposes of the escalation ref- erenced in paragraph (a)(2) of this sec- tion, Bonneville will use the following codes in the ASC forecast model to cal- culate the Exchange Period ASCs: (i) A&G—Administrative and Gen- eral. (ii) CACNT—Customer Account. (iii) CD—Construction, Distribution Plant. (iv) CONSTANT—Constant. (v) CSALES—Customer Sales. (vi) CSERVE—Customer Service. (vii) COAL—Coal. (viii) DMN—Distribution Mainte- xxxxx. (ix) DOPS—Distribution Operations (x) HMN—Hydro Maintenance. (xi) HOPS—Hydro Operations. (xii) INF—Inflation. (xiii) NATGAS—Natural Gas. (xiv) NFUEL—Nuclear Fuel. (xv) NMN—Nuclear Maintenance. (xvi) NOPS—Nuclear Operations. (xvii) OMN—Other Production Main- tenance. (xviii) OOPS—Other Production Op- erations. (xix) SNM—Steam Maintenance. (xx) SOPS—Steam Operations. (xxi) TMN—Transmission Mainte- xxxxx. (xxii) TOPS—Transmission Oper- ations. (xxiii) WAGES—Wages. (4) Table 1 identifies which codes from paragraph (a)(3) of this section apply to the line items and associated FERC Accounts in the Appendix 1. Bonneville will use Global Insight as the source of data for the escalation codes identified in paragraph (a)(3) of this section, except for the NATGAS and CONSTANT codes. For the NATGAS code identified in paragraph (a)(3)(xiii) of this section, Bonneville will calculate the escalation rate using Bonneville’s most current forecast of natural gas prices. The code CON- STANT in paragraph (a)(3)(iv) of this section indicates that no escalation to the Account will be made. (5) Bonneville will base the costs of power products purchased from Bonne- ville on Bonneville’s forecast of prices for its products. (6) Bonneville will escalate the Pub- lic Purpose Charge forward to the mid- point of the Exchange Period by the same rate of growth as total Contract System Load. (7) If any of the escalators specified in paragraph (a) of this section are no longer available, Bonneville will des- ignate a replacement source of such es- calator(s) that, as near as possible, rep- licates the results produced by the prior escalator. If a replacement source is not available, Bonneville will use the INF escalation code identified in para- graph (a)(3)(xii) of this section as the replacement escalator.

Escalation to Exchange Period. (1) This section describes the method Bonneville Bon- neville will use to escalate the Base Period ASC to and through the Exchange Ex- change Period to calculate the Ex- change Period ASC. (2) Bonneville will escalate the Bon- neville-approved Base Period ASC to the midpoint of the fiscal year for a one-year Rate Period/Exchange Period, and to the midpoint of the two-year pe- riod for a two-year Rate Period/Ex- change Period to calculate Exchange Period ASCs. (3) For purposes of the escalation ref- erenced in paragraph (a)(2) of this sec- tion, Bonneville will use the following codes in the ASC forecast model to cal- culate the Exchange Period ASCs: (i) A&G—Administrative and Gen- eral. (ii) CACNT—Customer Account. (iii) CD—Construction, Distribution Plant. (iv) CONSTANT—Constant. (v) CSALES—Customer Sales. (vi) CSERVE—Customer Service. (vii) COAL—Coal. (viii) DMN—Distribution Mainte- xxxxx. (ix) DOPS—Distribution Operations (x) HMN—Hydro Maintenance. (xi) HOPS—Hydro Operations. (xii) INF—Inflation. (xiii) NATGAS—Natural Gas. (xiv) NFUEL—Nuclear Fuel. (xv) NMN—Nuclear Maintenance. (xvi) NOPS—Nuclear Operations. (xvii) OMN—Other Production Main- tenance. (xviii) OOPS—Other Production Op- erations. (xix) SNM—Steam Maintenance. (xx) SOPS—Steam Operations. (xxi) TMN—Transmission Mainte- xxxxx. (xxii) TOPS—Transmission Oper- ations. (xxiii) WAGES—Wages. (4) Table 1 identifies which codes from paragraph (a)(3) of this section apply to the line items and associated FERC Accounts in the Appendix 1. Bonneville will use Global Insight as the source of data for the escalation codes identified in paragraph (a)(3) of this section, except for the NATGAS and CONSTANT codes. For the NATGAS code identified in paragraph (a)(3)(xiii) of this section, Bonneville will calculate the escalation rate using Bonneville’s most current forecast of natural gas prices. The code CON- STANT in paragraph (a)(3)(iv) of this section indicates that no escalation to the Account will be made. (5) Bonneville will base the costs of power products purchased from Bonne- ville on Bonneville’s forecast of prices for its products. (6) Bonneville will escalate the Pub- lic Purpose Charge forward to the mid- point of the Exchange Period by the same rate of growth as total Contract System Load. (7) If any of the escalators specified in paragraph (a) of this section are no longer available, Bonneville will des- ignate a replacement source of such es- calator(s) that, as near as possible, rep- licates the results produced by the prior escalator. If a replacement source is not available, Bonneville will use the INF escalation code identified in para- graph (a)(3)(xii) of this section as the replacement escalator.