Common use of Transmission Service Revenues Clause in Contracts

Transmission Service Revenues. (a) The Companies shall share transmission service revenues obtained from the use of the transmission facilities that comprise the Transmission System in accordance with Schedule A to this Agreement. Transmission service revenues are those revenues received for service provided under the Open Access Transmission Tariff. The Companies’ annual transmission revenue requirements are shown on Schedule B to this Agreement and shall be revised whenever there is a change to the annual transmission revenue requirements in Attachment H to the Open Access Transmission Tariff or a change to the annual transmission revenue requirements underlying the rates set forth in Schedules 7 and 8 to the Open Access Transmission Tariff. Future revisions to the transmission revenue requirements ratios set forth in Schedule B will be made by the Companies’ making an appropriate filing with the Commission, if required by law. Such changes shall become effective as of the date accepted or approved by the Commission, subject to refund if the Commission so orders.

Appears in 3 contracts

Samples: Transmission Coordination Agreement (American Electric Power Co Inc), Transmission Coordination Agreement (Southwestern Electric Power Co), Transmission Coordination Agreement (Public Service Co of Oklahoma)

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Transmission Service Revenues. (a) The Companies shall share transmission service revenues obtained from the use of the transmission facilities that comprise the Transmission System in accordance with Schedule A to this Agreement. Transmission service revenues are those revenues received for service provided under the Open Access Transmission Tariff. The Companies' annual transmission revenue requirements are shown on Schedule B to this Agreement and shall be revised whenever there is a change to the annual transmission revenue requirements in Attachment H to the Open Access Transmission Tariff or a change to the annual transmission revenue requirements underlying the rates set forth in Schedules 7 and 8 to the Open Access Transmission Tariff. Future revisions to the transmission revenue requirements ratios set forth in Schedule B will be made by the Companies' making an appropriate filing with the Commission, if required by law. Such changes shall become effective as of the date accepted or approved by the Commission, subject to refund if the Commission so orders.

Appears in 2 contracts

Samples: Agreement (American Electric Power Co Inc), Agreement (Aep Texas North Co)

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