Xxxxxx Over Rack (MOR) Pricing Applied to ALL Deliveries Sample Clauses

Xxxxxx Over Rack (MOR) Pricing Applied to ALL Deliveries. 1. MOR All Season Pricing Applied to Deliveries of Heating Oil: a) The home energy supplier’s normal price for heating oil 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 All Season Heating Oil Program Price calculated by adding a margin of 41 cents to the previous day’s average rack price for your designated terminal or by adding a margin of 41 cents to the actual rack price at your company’s selected rack on the date of delivery.* This pricing shall apply for all deliveries made between initiation of the HEAP each year and April 30 of that same program year (or, for households found eligible after the program’s initiation, between the date of notification of eligibility and April 30 of the same program year) – and for ALL deliveries charged against HEAP grants, regardless of the date of delivery. This MOR All-Season Heating Oil Program Price will be based on the OPIS average rack price for “Gross #2 Distillate Fuels” the previous day. For Saturday, Sunday, and Monday deliveries, the average rack for the previous Friday will be used. OTDA, through the NYSERDA, will make available to home energy suppliers the MOR All-Season Heating Oil 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.
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