automatic adjustment clause

(3) As used in this subsection and section 2623(b) of this title , the term “automatic adjustment clause” means a provision of a rate schedule which provides for increases or decreases (or both), without prior hearing, in rates reflecting increases or decreases (or both) in costs incurred by an electric utility. Such term does not include an interim rate which takes effect subject to a later determination of the appropriate amount of the rate.


16 USC § 2625(e)(3)

Scoping language

As used in this subsection
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