Common use of Overhead Allocation Clause in Contracts

Overhead Allocation. For the purpose of determining whether ComEd has met its statutory requirements for minimum levels of spending on different customer groups, ComEd will allocate portfolio level costs across the following customer sectors – (1) residential customers, (2) commercial and industrial/business customers, (3) public sector customers, (4) Income-Eligible sectors. Allocation to customer sectors will be based on their portion of program budgets.

Appears in 2 contracts

Samples: Settlement Stipulation, Settlement Stipulation

AutoNDA by SimpleDocs

Overhead Allocation. 1) For the purpose of determining whether ComEd has met its statutory requirements for minimum levels of spending on different customer groups, ComEd will allocate portfolio level costs across the following customer sectors (1) residential customers, (2) commercial and industrial/business customers, (3) public sector customers, and (4) Income-Eligible sectorsincome eligible customers. Allocation to customer sectors will be based on their portion of program budgets. 2) ComEd will limit its portfolio-level costs, excluding IE R&D, to an annual average of no more than $38.5 million each year of the Revised Plan.

Appears in 1 contract

Samples: Energy Efficiency and Demand Response Plan Settlement Stipulation and Agreement

AutoNDA by SimpleDocs

Overhead Allocation. 1) For the purpose of determining whether ComEd has met its statutory requirements for minimum levels of spending on different customer groups, ComEd will allocate portfolio level costs across the following customer sectors (1) residential customers, (2) commercial and industrial/business customers, (3) public sector customers, and (4) Income-Eligible sectorsincome eligible customers. Allocation to customer sectors will be based on their portion of program budgets. 2) ComEd will limit its portfolio-level costs, excluding IE R&D, to an annual average of no more than $37 million each year of the 2022-2025 Plan.

Appears in 1 contract

Samples: Stipulation Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!