Revenue Allocation Across Customer Classes Sample Clauses

Revenue Allocation Across Customer Classes. FIPUG, FRF, and FEA all presented evidence regarding revenue allocation under FPL’s original rate petition, and each had different proposals for how to allocate the proposed revenue increase to the customer classes. The revenue allocation under the Settlement Agreement reflects a compromise between these differing and competing positions by parties representing a broad range of interests and customers. Tr. 2796 (Xxxxx). Although the signatory parties did not agree to a specific cost of service methodology under the Settlement Agreement, the Signatories agreed to allocate the revenue increase to the customer classes consistent with prior settlements and in accordance with the Commission’s gradualism principle. Tr. 2796 (Xxxxx). The record evidence shows that the revenue allocation under the Settlement Agreement is fair and results in rates that are just and reasonable for all customer classes and should be approved. Under the Settlement Agreement, the residential rates will be lower than the filed rates, and the bills for all customers are projected to remain among the lowest in the nation as explained above. Tr. 2793 (Xxxxx). The bill impacts over the four-year term of the Agreement compare very favorably to the projected inflation for that period. Tr. 2728 (Xxxxxxx); Tr. 2805 (Xxxxx). With respect to the residential class, the base revenue allocation under the Settlement Agreement is approximately 59 percent, which is higher than the filed case but is slightly lower than it has been for the past fifteen years. Tr. 2796-97 (Xxxxx). Indeed, if the revenue allocation from the Commission-approved 2016 Settlement Agreement had been applied, the residential class would have been allocated nearly 66 percent of the increase in base revenues, or an additional $45 million of revenues, as compared to the allocation under the Settlement Agreement. Tr. 2796-97 (Xxxxx). The Opposing Parties’ criticisms of the revenue allocation under the Settlement Agreement are misplaced and disregard the unrefuted record evidence. In support of the Opposing Parties’ opposition to the revenue allocation under the Settlement Agreement witness Xxxxxx claims that the settlement rates are worse for residential customers than FPL’s originally proposed rates. Tr. 2680, 2684 (Xxxxxx). As explained below, witness Xxxxxx’x statement is contrary to the unrefuted record evidence that the revenue allocation under the Settlement Agreement is in fact lower than under the filed rates. Witness Xxxxxx...
Sample 1
AutoNDA by SimpleDocs

Related to Revenue Allocation Across Customer Classes

  • Reallocation to a Class with a Higher Salary Range Maximum Upon appointment to the higher class, the employee’s base salary will be increased to a step of the range for the new class that is nearest to five percent (5.0%) higher than the amount of the pre-promotional step, or to the entry step of the new range, whichever is higher.

  • Gross Income Allocation If any Partner has a deficit Capital Account at the end of any Fiscal Year which is in excess of the sum of (i) the amount such Partner is obligated to restore, if any, pursuant to any provision of this Agreement, and (ii) the amount such Partner is deemed to be obligated to restore pursuant to the penultimate sentences of Treasury Regulations Section 1.704-2(g)(1) and 1.704-2(i)(5), each such Partner shall be specially allocated items of Partnership income and gain in the amount of such excess as quickly as possible; provided that an allocation pursuant to this Section 5.05(c) shall be made only if and to the extent that a Partner would have a deficit Capital Account in excess of such sum after all other allocations provided for in this Article V have been tentatively made as if Section 5.05(b) and this Section 5.05(c) were not in this Agreement.

  • What Forms of Distribution Are Available from a Xxxxxxxxx Education Savings Account Distributions may be made as a lump sum of the entire account, or distributions of a portion of the account may be made as requested.

  • COSTS DISTRIBUTED THROUGH COUNTYWIDE COST ALLOCATIONS The indirect overhead and support service costs listed in the Summary Schedule (attached) are formally approved as actual costs for fiscal year 2020-21, and as estimated costs for fiscal year 2022-23 on a “fixed with carry-forward” basis. These costs may be included as part of the county departments’ costs indicated effective July 1, 2022, for further allocation to federal grants and contracts performed by the respective county departments.

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • Reallocation to a Class with a Lower Salary Range Maximum 1. If the employee meets the skills and abilities requirements of the position and chooses to remain in the reallocated position, the employee retains existing appointment status and has the right to be placed on the Employer’s internal layoff list for the classification occupied prior to the reallocation.

  • Risk Allocation The Product is Regulatorily Continuing.

  • Unbundled Subloop Distribution (USLD) 2.8.2.1 The USLD facility is a dedicated transmission facility that BellSouth provides from an End User’s point of demarcation to a BellSouth cross-connect device. The BellSouth cross-connect device may be located within a remote terminal (RT) or a stand-alone cross-box in the field or in the equipment room of a building. The USLD media is a copper twisted pair that can be provisioned as a 2-wire or 4-wire facility. BellSouth will make available the following subloop distribution offerings where facilities exist: USLD – Voice Grade (USLD-VG) Unbundled Copper Subloop (UCSL) USLD – Intrabuilding Network Cable (USLD-INC (aka riser cable))

  • Interconnection Customer Compensation for Actions During Emergency Condition The CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff for its provision of real and reactive power and other Emergency Condition services that the Interconnection Customer provides to support the CAISO Controlled Grid during an Emergency Condition in accordance with Article 11.6.

  • Interconnection Customer Payments Not Taxable The Parties intend that all payments or property transfers made by the Interconnection Customer to the Participating TO for the installation of the Participating TO's Interconnection Facilities and the Network Upgrades shall be non-taxable, either as contributions to capital, or as a refundable advance, in accordance with the Internal Revenue Code and any applicable state income tax laws and shall not be taxable as contributions in aid of construction or otherwise under the Internal Revenue Code and any applicable state income tax laws.

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