The cost of power adjustment rate is determined by calculating the sum of two components. The first omponent is the difference between the budgeted energy costs and the projected energy costs for fiscal year 2015-2016. The second component is the difference between the actual energy costs incurred for the most recent 12-month period and the energy costs projected for fiscal year 2015-2016. All energy cost projections are taken from the DOW’s water rate study.
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