Common use of Transmission Wages and Salaries Allocation Clause in Contracts

Transmission Wages and Salaries Allocation. Factor shall equal the ratio of Connecting Transmission Owner Transmission-related direct electric wages and salaries including any direct wages or salaries charged to Connecting Transmission Owner by a National Grid Affiliate to Connecting Transmission Owner’s total electric direct wages and salaries including any wages charged to Connecting Transmission Owner by a National Grid Affiliate excluding any electric administrative and general wages and salaries. (1) Administrative and General Expense shall equal electric expenses as recorded in FERC Account Nos. 920-935. (2) Amortization of Investment Tax Credits shall equal electric credits as recorded in FERC Account No. 411.4. (3) Distribution Plant in Service shall equal the gross plant balance as recorded in FERC Account Nos. 360 – 374.

Transmission Wages and Salaries Allocation. Factor shall equal the ratio of Connecting Transmission Owner Owner’s Transmission-related direct electric wages and salaries including any direct wages or salaries charged to Connecting Transmission Owner by a National Grid Affiliate to Connecting Transmission Owner’s total electric direct wages and salaries including any wages charged to Connecting Transmission Owner by a National Grid Affiliate excluding any electric administrative and general wages and salaries. (1) . Administrative and General Expense shall equal electric expenses as recorded in FERC Account Nos. 920-935. (2) . Amortization of Investment Tax Credits shall equal electric credits as recorded in FERC Account No. 411.4. (3) Distribution Plant in Service shall equal the gross plant balance as recorded in FERC Account Nos. 360 – 374.

Transmission Wages and Salaries Allocation. Factor shall equal the ratio of Connecting Transmission Owner Owner’s Transmission-related direct electric wages and salaries including any direct wages or salaries charged to Connecting Transmission Owner by a National Grid Affiliate to Connecting Transmission Owner’s total electric direct wages and salaries including any wages charged to Connecting Transmission Owner by a National Grid Affiliate excluding any electric administrative and general wages and salaries.. Ratebase and Expense items (1) . Administrative and General Expense shall equal electric expenses as recorded in FERC Account Nos. 920-935. (2) . Amortization of Investment Tax Credits shall equal electric credits as recorded in FERC Account No. 411.4. (3) . Distribution Plant in Service shall equal the gross plant balance as recorded in FERC Account Nos. 360 – 374.