RATE ADJUSTMENT CALCULATION Sample Clauses

RATE ADJUSTMENT CALCULATION. The SRLE applicable to the Residential rate schedule shall be calculated separately from that calculated for the Commercial Service and Small Heating Service rate schedules. The SRLE applicable to Commercial Service and Small Heating Service customers shall be calculated on a combined basis. Each SRLE shall be revised annually to reflect (1) the difference between the normalized annual energy usage in Block 1b and Block 2 for Residential customer and in Block 2 for Commercial Service and Small Heating Service customers authorized in the Company's last general rate case and the actual usage billed in those blocks for the applicable AP, except as provided in parts 4, 5, and 6 of this section;
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RATE ADJUSTMENT CALCULATION. The adjustment to the Approved Rate Schedule shall be based upon the percentage change in the average annual published Consumer Price Index (“CPI”), for Trash and Garbage Collection (CUUR0000SEHG02), U.S. City average, as published by the United States Department of Labor, Bureau of Labor Statistics, between the 12- month period ended on June 30 prior to the Rate Year anniversary date, and the 12 month period ended the prior June 30. The rate increase is subject to a 5% annual cap. For example, for the first rate increase effective September 5, 2024, the change in indices shall be measured as the percentage change from the average of the monthly indices for July 1, 2022 - June 30, 2023 to the average of the monthly indices for July 1, 2023 to June 30, 2024. An example calculation is included in Exhibit 4. If the index is discontinued, an alternative index must be approved by the City Manager.
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Related to RATE ADJUSTMENT CALCULATION

  • Rate Adjustment (a) An employee who is set back to a lower paid job because of mechanization, technological change or automation will receive the rate of his regular job at the time of the setback for a period of three (3) months and for a further period of three (3) months he will be paid an adjusted rate which will be midway between the rate of his regular job at the time of the setback and the rate of his new regular job. At the end of this 6-month period the rate of his new regular job will apply. However, such employee will have the option of terminating his employment and accepting severance pay as outlined in Section 5 below, providing he exercises this option within the above-referred-to 6-month period.

  • RATE ADJUSTMENTS 1. Taxes applicable to the gas delivered to Buyer hereunder as are in effect on January 1.11 immediately preceding the effective date of these terms and conditions shall be added to Buyer's bill. The term 'tax' as used herein shall mean any tax, license fee, Of charge to the gas delivered hereunder, 'imposed on Seller by any govemmental authority on such gas. If the existing rate of any such tax in effect on January 1>1, immediately preceding the effective date ollhese terms and conditions, be hereafter increased or decreased, or if any tax heretofore in effect or hereafter be imposed or repealed, the resulting increase or decrease in such taxes, computed on a cenls per dekalherm basis, shall be renected. as the case may be, on Xxxxx's bill.

  • Price Adjustment Civil works contracts of long duration (more than 18 months) shall contain an appropriate price adjustment clause.

  • Price Adjustments 17.1 Prices for Goods/Services supplied in terms of this Agreement shall be subject to review as indicated in the Schedule of Requirements/Works Order annexed hereto.

  • Wage Adjustment Notwithstanding any provision in this Agreement on the contrary, the wages of employees shall be reduced by the amount of employee contributions made by the employer pursuant to the provisions hereof.

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