COST OF CAPITAL AND CAPITAL STRUCTURE Sample Clauses

COST OF CAPITAL AND CAPITAL STRUCTURE. 3.1 In determining the annual changes to distribution revenue and rates, the Settling Parties agreed that application of an overall capital structure and cost of capital as set forth in the table below, including a 9.2 percent return on equity is just and reasonable in the context of this Settlement Agreement taken as a whole: Component Percentage Cost Weighted Cost Tax Factor Pre-Tax Cost Common Equity 52.00 % 9.20 % 4.78 % 1.371422 6.56 % Long-Term Debt 48.00 % 5.49 % 2.64 % 2.64 % Total 100.00 % 7.42 % 9.20 %
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COST OF CAPITAL AND CAPITAL STRUCTURE. 3.1 In determining the annual changes to distribution revenue and rates, the Settling Parties agree that application of an overall capital structure and cost of capital as set forth in the table below, including a 9.30 percent return on equity, is just and reasonable in the context of this Settlement Agreement taken as a whole: Component Percentage Cost Weighted Cost Tax Factor Pre-Tax Cost Common Equity 52.00% 9.30% 4.84% 1.3714 6.63% Long-Term Debt 48.00% 4.93% 2.37% 2.37% Total 100.00% 7.20% 9.00% 1 Existing annual revenue collected in the COGC is $1,056,561 of which $476,106 is for production and storage capacity (“PS”) and $580,455 is for overhead (“MISC”). With this Settlement, the annual revenue collected in the COGC is $826,413 with $214,538 for PS and $611,875 for MISC.
Sample 1
COST OF CAPITAL AND CAPITAL STRUCTURE. In determining the annual revenue increase and revenue requirement in Section 2.1, above, the Settling Parties utilized an overall capital structure as set forth below, including a 9.50 percent Return on Equity (XXX): Component Percentage Cost Weighted Cost Common Equity 51.70% 9.50% 4.91% Long-Term Debt 48.30% 5.55% 2.68% Total 100.00% 7.59% The cost of long-term debt above incorporates the issuance of long term debt by Northern approved by the Commission in docket DG 17-019. 1 Existing annual revenue collected in the COGC is $933,344 of which $420,658 is for production and storage capacity (PS) and $512,686 is for overhead (MISC). With this Settlement, the annual revenue collected in the COGC is $1,056,561 with $476,106 for PS and $580,455 for MISC. 000006
Sample 1
COST OF CAPITAL AND CAPITAL STRUCTURE. 3.1 In determining the annual changes to distribution revenue and rates, the Settling Parties agree that application of an overall capital structure and cost of capital as set forth in the table below, including a 9.30 percent return on equity, is just and reasonable in the context of this Settlement Agreement taken as a whole: Component Percentage Cost Weighted Cost Tax Factor Pre-Tax Cost Common Equity 52.00% 9.30% 4.84% 1.3714 6.63% Long-Term Debt 48.00% 4.93% 2.37% 2.37% Total 100.00% 7.20% 9.00% 1 Existing annual revenue collected in the COGC is $1,056,561 of which $476,106 is for production and storage capacity (“PS”) and $580,455 is for overhead (“MISC”). With this Settlement, the annual revenue collected in the COGC is $826,413 with $214,538 for PS and $611,875 for MISC. Docket No. DG 21-104 Hearing Exhibit 13 Page 9 of 254 DG 21-104 Unitil Distribution Rate Case Settlement Agreement
Sample 1
COST OF CAPITAL AND CAPITAL STRUCTURE. In determining the annual revenue increase and revenue requirement in Section 2.1, above, the Settling Parties utilized an overall capital structure as set forth below, including a 9.50 percent Return on Equity (XXX): Component Weighted Percentage Cost Cost 1 Annual indirect costs consist of $420,658 of LP and LNG Production and Storage Capacity and $512,686 of Dispatching, Acquisition, Administration and General (“Miscellaneous Overhead”) expenses. Beginning July 1, 2013, a reconciliation of the difference between these expenses and those previously recorded in the Company’s COGC shall be assigned and included in the 2014-2015 Winter and 2015 Summer Period COGC Reconciliations. In subsequent COGCs these expenses will not be separately reconciled. Common Equity 51.76% 9.50% 4.92% Preferred Stock Equity 0.0% 0.00% 0.00% Long-Term Debt 47.56% 7.05% 3.35% Short-Term Debt 0.69% 2.01% 0.01% Total 100.00% 8.28%
Sample 1
COST OF CAPITAL AND CAPITAL STRUCTURE. 3.1 In determining the annual changes to distribution revenue and rates, the Settling Parties agreed that application of an overall capital structure and cost of capital as set 000005 DE 21-030 Unitil Distribution Rate Case Settlement Agreement forth in the table below, including a 9.2 percent return on equity is just and reasonable in the context of this Settlement Agreement taken as a whole: Component Percentage Cost Weighted Cost Tax Factor Pre-Tax Cost Common Equity 52.00% 9.20% 4.78% 1.371422 6.56% Long-Term Debt 48.00% 5.49% 2.64% 2.64% Total 100.00% 7.42% 9.20%
Sample 1

Related to COST OF CAPITAL AND CAPITAL STRUCTURE

  • Capital Structure The authorized capital stock of the Company consists of 50,000,000 Class A Shares, 10,000,000 Class B Shares and 10,000,000 shares of preferred stock, par value $0.01 per share (the "Preferred Shares"). As of December 31, 1997, (i) 3,490,835 Class A Shares were issued and outstanding, (ii) 5,892,756 Class B Shares were issued and outstanding, (iii) no Shares were held by the Company or by any of the Company's subsidiaries, (iv) 10,500 Class A Shares were reserved for issuance pursuant to the outstanding Company Options, (v) 629,150 Class B Shares were reserved for issuance pursuant to the outstanding Company Options, (vi) 300,000 Class A Shares and no Class B Shares were reserved for issuance pursuant to the ESPP, and (vii) no shares of Preferred Stock were issued, reserved for issuance or outstanding. Except as set forth above or on Schedule 4.3, no shares of capital stock or other equity or voting securities of the Company are issued, reserved for issuance or outstanding, except for Shares referred to in clauses (iv) and (v) above which may be issued upon exercise of the outstanding Company Options. All outstanding shares of capital stock of the Company are, and all Shares which may be issued pursuant to the Option Plans will, when issued, be duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights. Except as set forth on Schedule 4.3, there are not any bonds, debentures, notes or other indebtedness or securities of the Company having the right to vote (or convertible into, or exchangeable for, securities having the right to vote) on any matters on which shareholders of the Company may vote. Other than the Shares, Company Options, Option Plans and the ESPP, or as set forth on Schedule 4.3, there are not any securities, options, warrants, calls, rights, commitments, agreements, arrangements or undertakings of any kind to which the Company or any of its subsidiaries is a party or by which any of them is bound obligating the Company or any of its subsidiaries to issue, deliver or sell, or cause to be issued, delivered or sold, additional shares of capital stock or other equity or voting securities of the Company or of any of its subsidiaries or obligating the Company or any of its subsidiaries to issue, grant, extend or enter into any such security, option, warrant, call, right, commitment, agreement, arrangement or undertaking. There are no outstanding rights, commitments, agreements, arrangements or undertakings of any kind obligating the Company or any of its subsidiaries to repurchase, redeem or otherwise acquire or dispose of any shares of capital stock or other equity or voting securities of the Company or any of its subsidiaries or any securities of the type described in the two immediately preceding sentences.

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