Common use of MOERR Variance Report Clause in Contracts

MOERR Variance Report. The Company will provide a written narrative for year-to-date amounts as of June 30 and December 31, substantiating and explaining the major items that comprise the difference between actual current year MOERR expenses versus the allowed MOERR expenses as authorized from the most recently completed permanent rate case. This report will provide the basis and explanation for up to 80% of the MOERR expense differential, as it relates to the overall aggregate dollar difference.