MOR HEAP Only Pricing Applied to Deliveries of Kerosene Sample Clauses

MOR HEAP Only Pricing Applied to Deliveries of Kerosene. For every gallon of kerosene delivered to an eligible household the home energy supplier will charge against that household’s HEAP benefit the lesser of: a) The home energy supplier’s normal price for kerosene for that customer on the date of delivery (i.e., the price the customer would have been charged in the absence of this program, with any adjustments for normal or promotional discounts or pricing), or b) The MOR HEAP Only Kerosene Program Price, which will be calculated by adding a margin of 38 cents to the previous day’s average rack price for your designated terminal or for your selected terminal if your company has opted to use a non-OPIS terminal.1
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MOR HEAP Only Pricing Applied to Deliveries of Kerosene. For each and every gallon of kerosene delivered to a HEAP eligible household and authorized for payment by the LDSS, the home energy supplier will charge against that household’s HEAP benefit the lesser of: a) The home energy supplier’s normal price for kerosene for that customer on the date of delivery (i.e., the price the customer would have been charged in the absence of this program, with any adjustments for normal discounts), or b) The MOR HEAP Only Kerosene Program Price, which will be calculated by adding a margin of 38 cents to the previous day’s program rack price for our designated terminal or by adding a margin of 38 cents to the actual rack price at your company’s selected rack on the date of delivery.* This MOR HEAP Only Kerosene Program Price will be based on the OPIS previous day’s rack price for the major kerosene supplier(s) at your designated terminal or on a similar wholesale price specified. OTDA shall identify the major supplier(s) which will be used as the basis for kerosene pricing at each terminal prior to the beginning of the HEAP season. For Saturday, Sunday, and Monday deliveries, the specified price for the previous Friday will be used. OTDA, through NYSERDA, will make available to home energy suppliers the MOR HEAP Only Kerosene Program Price to be used for each day’s deliveries. *The MOR “HEAP only” price for vendors opting to calculate pricing based on a vendor specific rack will be based on that rack’s price of the commodity on the date of delivery. This applies to vendors who opt to self calculate the applicable margin to a rack or particular supplier not supplied by the OPIS.
MOR HEAP Only Pricing Applied to Deliveries of Kerosene. 1 The MOR “HEAP only” price for vendors opting to calculate pricing based on a vendor specific rack will be based on that rack’s price of the commodity on the date of delivery. This applies to vendors who opt to self calculate the applicable margin to a rack or particular supplier not supplied by the OPIS. For every gallon of kerosene delivered to an eligible household the home energy supplier will charge against that household’s HEAP benefit the lesser of: a) The home energy supplier’s normal price for kerosene for that customer on the date of delivery (i.e., the price the customer would have been charged in the absence of this program, with any adjustments for normal or promotional discounts or pricing), or b) The MOR HEAP Only Kerosene Program Price, which will be calculated by adding a margin of 38 cents to the previous day’s average rack price for your designated terminal or for your selected terminal if your company has opted to use a non-OPIS terminal.1

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