Five-Year Historical Average for Generator Outage Expenses; Related Use of Regulatory Accounting Sample Clauses

Five-Year Historical Average for Generator Outage Expenses; Related Use of Regulatory Accounting. The Parties stipulate to the use of a five-year historical average of generator outage expenses in the Utilities’ stipulated amounts provided in Section 1.1, which reduces the Utilities’ proposed electric revenue requirement increases as set forth in their applications by $6.73 million for KU and $1.78 million for LG&E. Relatedly, the Parties stipulate and recommend Commission approval of the Utilities’ continuing use of regulatory asset and liability accounting related to generator outage expenses that are greater or less than the updated amount to be included in base rates. This regulatory accounting will ensure the Utilities may collect, or will have to return to customers, through future base rates any amounts that are above or below the base rate baseline average embedded in the electric revenue requirement increases in these proceedings.
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Related to Five-Year Historical Average for Generator Outage Expenses; Related Use of Regulatory Accounting

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