Decoupling Sample Clauses

Decoupling. It is not established under this CONTRACT, a bond of any nature, including, but not limited to, labor, environmental, regulatory and fiscal liability of HERMASA to PDB, nor PDB’s liability to HERMASA (nor any commitments in this regard), other than the provision of services bond established herein. Each PARTY shall exclusively bear the responsibilities attributable to them by LAW, including labor responsibilities of their respective employees and their respective environmental, integrity, regulatory and tax responsibilities. No partnership, association, agency, consortium, mandate or joint liability is created by this CONTRACT between the PARTIES.

Decoupling. It is not established under this CONTRACT, a bond of any nature, including, but not limited to, labor, environmental, regulatory and fiscal liability of AMAGGI to PDB, nor PDB’s liability to AMAGGI (nor any commitments in this regard), other than the provision of services bond established herein. Each PARTY shall exclusively bear the responsibilities attributable to them by LAW, including labor responsibilities of their respective employees and their respective environmental, integrity, regulatory and tax responsibilities. No partnership, association, agency, consortium, mandate or joint and several liability is created by this CONTRACT between the PARTIES, and the PARTIES are expressly prohibited from entering into any legal transactions on behalf of the other PARTY.

Decoupling. Liberty shall implement a decoupling mechanism effective July 1, 2021. 1) There shall be a 3% cap on the amount refunded or charged to customers. The 3% cap shall be equal to 0.03 times the allowed revenue requirement subject to annual adjustments as shown in the Revenue Subject to Decoupling page of Attachment 9. The decoupling amount will be recovered or refunded during the following year up to the 3% cap. Any amounts in excess of the 3% cap will be deferred and recovered or refunded in future periods, as determined by the Commission. Any amounts deferred will be added to the aggregate decoupling adjustment amount of the following periods until recovered or refunded such that there is a maximum adjustment of 3% refunded or charged each year. 2) Any over- or under-collection shall carry interest at the prime rate. 3) The amounts to be refunded or collected under this decoupling mechanism shall be calculated annually using monthly accruals. These monthly accruals will be summed for each decoupling year and presented in the annual reconciliation filing. Monthly decoupling accruals are calculated as follows: a) As shown in the Monthly Decoupling Calculation page of Attachment 9, the monthly target revenues per customer (“Monthly Target RPC”) amounts will be determined for each of the Company’s rate classes by: i) allocating each years’ allowed revenue requirement to each rate class, by month, in proportion to the test year with the following exceptions: (1) Rate classes M, LED-1, and LED-2 will not be included in the decoupling calculations; (2) Rate classes D-11 and EV, will not be included in the decoupling calculations as they are new rate classes. The inclusion of those rate classes will be reevaluated in the next rate case; and ii) dividing each class monthly target revenue number by the number of monthly customer bills from the test year. b) Monthly Actual RPC will be calculated as the actual monthly revenues by rate class divided by the actual number of bills for each rate class rendered during that month. c) The Monthly Actual RPC will be compared to the Monthly Target RPC for each rate class. The difference between the Monthly Actual RPC and the Monthly Target RPC for each rate class will then be multiplied times the actual number of bills rendered for each rate class to determine the monthly revenue shortfall/surplus for each class, the sum of which will constitute the total monthly revenue shortfall/surplus. d) At the end of the reconciliation per...

Decoupling. As this is the first general rate case since the implementation of decoupling, the Settling Parties agree that this is an opportunity to clarify the process surrounding the decoupling mechanism and the associated tariff language. The Agreement consists of five points regarding decoupling: (a) The calculation of the revenue per customer (RPC) for permanent rates shall include: i. the end of year calendar month xxxx count adjustment in the denominator of the calculation for the test year; ii. the volumetric therms used for the calculation shall reflect the monthly xxxx xxxxxx adjusted for the end of year calendar month xxxx xxxxxx; and iii. the RPC for the permanent rate increase shall not change until the next rate case. (b) The calculation of the incremental revenue per customer for subsequent non-rate case rate changes such as, but not limited to, step adjustments, property tax reconciliation, and temporary rates, shall (i) use actual calendar month xxxx xxxxxx for the same time period being used to determine the calculation of each new RPC, and (ii) add each incremental RPC to the RPC from the rate case. (c) Because the MEP Premium9 is not subject to decoupling, the RPC calculations that are used to calculate the allowed revenue and the Revenue Decoupling Adjustment Factor shall not include the MEP Premium.

Decoupling. 6.1.2.1 6.1.2.2 : r

Decoupling. In Oregon, we have a decoupling mechanism. Decoupling is intended to break the link between utility earnings and the quantity of gas consumed by customers, removing any financial incentive by the utility to discourage customers’ efforts to conserve energy. The Oregon decoupling mechanism was reauthorized and the baseline expected usage per customer was set in the 2012 Oregon general rate case. This mechanism employs a use-per-customer decoupling calculation, which adjusts margin revenues to account for the difference between actual and expected customer volumes. The margin adjustment resulting from differences between actual and expected volumes under the decoupling component is recorded to a deferral account, which is included in the annual PGA filing. In Washington, customer use is not covered by such a tariff.

Decoupling. Last, we discuss the vertical stratification of the cloud-topped boundary layer. Wood and Bretherton (2004) used aircraft observations collected in cloudy boundary layers to calculate the difference in θL and qT between the cloud and subcloud layer. To quantify this difference they introduced a decoupling factor αq, q α = qT,cld − q T,sub qT,zi+ − qT,sub αq with the subscripts 'cld', 'sub' and 'zi+' indicating the value of qT in the cloud layer, subcloud layer and just above the inversion, respectively. An analogous factor αθ was defined for θL. The factors are equal to zero if the boundary layer is vertically perfectly mixed. Wood and Xxxxxxxxxx found that the value for the decoupling parameter increased for deeper boundary layers. As can be seen from Figure 8, the LES models roughly follow the same trend with somewhat larger values for the decoupling factor for the total specific humidity than for the liquid water potential temperature. This difference might be explained from the fact that there are the surface moistening and entrainment drying will tend to enhance the vertical moisture gradient, whereas for heat a strong radiative cooling at the cloud top supports a more vertical well-mixed structure. It should be stressed that any models must be well capable of representing the decoupling factor, as deviations will result in an error in the liquid water content. For example, models have a too weak decoupling will tend to overestimate the liquid water content, and vice versa.

Decoupling. The parties agree that Avista would implement electric and natural gas decoupling mechanisms for a five-year period beginning Jan. 1, 2015. Decoupling is a mechanism designed to break the link between a utility's revenues and a consumer's energy usage. The company's actual revenue, based on kilowatt hour and therm sales will vary, up or down, from the level set by the Commission. This could be due to changes in weather, conservation or the economy. Under the decoupling mechanisms, the company's electric and natural gas revenues will be based on the number of customers, rather than kilowatt hour and therm sales, which will provide more stability to the company's retail revenues. The difference between revenues based on sales and revenues based on the number of customers will result in either surcharges or rebates to customers in the following year. The decoupling mechanisms include an after-the-fact earnings test. At the end of each calendar year, an electric and natural gas "Commission Basis" earnings calculation will be made for the prior calendar year. These earnings tests will reflect actual decoupled revenues, normalized power supply costs, and other normalizing adjustments. If the company has a decoupling rebate related to the prior year, and earns more than a 7.32 percent rate of return (ROR), the rebate to customers would be increased by 50 percent of the earnings in excess of the 7.32 percent ROR. If the company earns less than 7.32 percent ROR, the full rebate to customers would be made. If the company has a decoupling surcharge for the prior year and earns in excess of 7.32 percent, the surcharge to customers would be reduced by 50 percent of the earnings in excess of 7.32 percent. If the company has a decoupling surcharge and earns less than the 7.32 percent, the full surcharge to customers would be made.

Decoupling. ‌ 63.1. If the Contractor enters into any contract with the UK Government (other than the Contract), then no breach by the UK Government of that other contract, nor any other act or omission, written or oral statement nor any representation whatsoever of or by the UK Government, its servants or agents, or other contractors relating to or connected with any other contracts as aforesaid shall, regardless of any negligence on its part or their part: 63.1.1. give the Contractor any right under the Contract to an extension of time or additional payment or damages or any other relief or remedy whatsoever against the Authority; 63.1.2. affect, modify, reduce or extinguish either the obligations of the Contractor under the Contract or the rights or remedies of the Authority under the Contract (including the right to any Liquidated Damages); or 63.1 3. be taken to amend, add to, delete or waive any term or condition of the Contract.

Decoupling. In consideration that the Modified Schedule RE-TOU will become the default rate for all of Public Service’s residential customers, the Settling Parties agree that the approved revenue decoupling mechanism will apply to Modified Schedule RE-TOU during the Revenue Decoupling Adjustment (“RDA”) Pilot and Modified Schedule RE-TOU and Schedule R-OO will be included in the revenue decoupling calculation. The Company will revise its RDA Pilot tariff to accomplish this through an appropriate compliance filing, assuming the settlement agreement in this matter is approved by the Commission. The RDA Pilot terminates on December 31, 2023. The Company will continue collecting data on over/under-recovery of revenue after conclusion of the RDA pilot while the Commission and parties are reviewing the results of the pilot that terminates December 31, 2023.