Section 1220-04-07-.04 - GAS COST ACCOUNTING(1) To appropriately match revenues with cost of purchased gas as contemplated under these Rules, the Company shall originally record the cost of purchased gas in a "Deferred Gas Cost" Account. Monthly, the Company shall debit "Natural Gas Purchases" with an amount equal to any Gas Cost component included in the Company's base tariff rates (base rate) plus the PGA rate, as calculated hereunder, multiplied by the appropriate volumes sold or billed to customers. The corresponding monthly credit entry shall be made to the "Deferred Gas Cost" Account.Tenn. Comp. R. & Regs. 1220-04-07-.04
Original rule filed October 29, 1993; effective March 1, 1994.Authority: T.C.A. §§ 65-2-102 and 65-4-104.