Base Distribution Rates. In combination with its commitment that PPL will not file for a change in base distribution rates before three years after the Transaction’s closing, PPL shall not submit a request for a change in base rates unless and until there is at least 12 months of operating experience under PPL’s exclusive leadership and after the transition service agreements with National Grid terminate.
Base Distribution Rates. The currently effective base distribution rates of the MA Operating Companies are currently established to exclude the Narragansett share of IASC costs in each of the respective test years, because the MA Operating Companies have PBR plans in effect that determine the base distribution rates for the terms of the respective rate plans. For Mass. Electric, base distribution rates are established through October 1, 2024. For Boston Gas, base distribution rates are established through October 1, 2026. Massachusetts customers will continue to receive the benefit of the IASC cost allocation to Narragansett in base distribution rates until the effective date of any new rates from each distribution company’s next base distribution rate case.
