Home > Term: current adjustment
current adjustment
Applicable to pipelines which have a PGA mechanism in effect. The Current Adjustment is a rate component in a pipeline's tariff used to reflect the difference between 1) the current weighted average projected purchased gas costs and 2) the weighted average projected purchased gas costs reflected in the effective period of the previous scheduled PGA.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
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- JJD
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