AFDUC Sample Clauses

AFDUC. Allowance for Funds Used During Construction is negligible in the current financial model, but will be calculated and added to the capital cost of the infrastructure once a specific construction timetable is available, and will reflect the same combined interest and return on equity cost as applied to the rate base amount at the particular time. Given small capital incremental capital expenditures in Phase 1, AFUDC is not expected to have a material impact on revenue requirement and rates.
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