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Florida City Gas FPSC Natural Gas Tariff Volume No 9 Original Sheet No. 77 RIDER "C" Competitive Rate Adjustment ("CRA") Applicable to all Customers except those taking service under Rate Schedules KDS, TSS, OSS, LES or under the NGV special contract rate. The Distribution Charge for gas sold or transported after June 30, 1991, to Customers to whom this charge applies, is subject to adjustment in accordance with the following provisions, for prior shortfalls or surpluses. A. For the purposes of this clause, the following definitions shall apply: (1) "Actual revenue" means Company's actual Margin Revenue derived from service provided on the LES Rate Schedule during a determination period. (2) "Base revenue" means the Margin Revenue which Company would have derived had all gas sold on the LES Rate Schedule during a determination period, been sold under Rate Schedules GS -120K, GS -1,250K, GC -11 M and GS -25M. (3) "Surplus" means the amount, if any, by which Company's actual revenue exceeds its base revenue for a determination period. (4) "Shortfall" means the amount, if any by which Company's base revenue exceeds its actual revenue for a determination period. B. , The existence of a shortfall or surplus shall be determined by comparing Company's actual revenue with its base revenue. This determination shall be made each year for the actual twelve months ending September 30th ("determination period"). C. A surplus refund or shortfall recovery shall be implemented during an "adjustment period" beginning January 1"t by reducing or increasing the Distribution Charge per therm charge prescribed in each applicable Rate Schedule of this tariff by an adjustment factor computed as follows and multiplied by the tax factor of 1.00503 and rounded to the nearest $0.00001 per therm. In the event of a surplus, subtract the amount derived from dividing the Surplus Refund due to Customers by the projected therm sales for these Customers. In the event of a shortfall, add the amount derived from dividing the Shortfall Recovery by the projected therm sales for these Customers. Any variation between the actual surplus refund to Customers and the amount calculated pursuant to the preceding paragraph, or between the actual shortfall recovery and the amount which Company elected to recover, in an adjustment period, shall be "trued -up" during the succeeding adjustment period pursuant to methodology approved by the Commission. D. Company may defer all or any portion of a shortfall recovery to a subsequent adjustment period or portion thereof. Issued by: Carolyn Bermudez Effective: Vice President, Florida City Gas P, 4 -lob