Fuel Cost Change Measurement Procedure Sample Clauses

Fuel Cost Change Measurement Procedure. Merger-related fuel cost changes (MRFC) for each Company are measured annually as the difference between estimated stand-alone fuel costs (SAFC) and estimated merger fuel costs (MFC), where: SAFC = The estimated annual cost of fuel and purchased energy incurred to serve the Company's net area dispatch, as determined by a simulation of the dispatch of generating units and system operations under stand-alone (non-combined) operation of the Gulf States and Entergy System (excluding Gulf States) using Entergy's most current delivery of the PROMOD III production cost model and the input assumptions set forth in 70.06. MFC = The estimated annual cost of fuel and purchased energy incurred to serve a Company's net area requirements as determined by a simulation of the dispatch of generating units and system operations under merged operation (combined) of the system using Entergy's most current delivery of the PROMOD III production cost model and the input assumptions set forth in 70.06.
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