Purpose

Purpose

The purpose of this clause is to describe the rules and procedures under which Bangor Gas adjusts its rates for gas sales to recover the costs of gas supplies, subject to the jurisdiction of the Maine Public Utilities Commission. This includes all costs of gas delivered at the city gate into the Bangor Gas distribution systems. Further, this clause establishes procedures for tracking actual costs of gas and revenues received and adjusting rates to collect any difference. These procedures are in accordance with the Orders approving the Company’s Cost of Gas Adjustment methodologies in Docket 2003-111.