Wholesale. REVENUE RATIO - Based on the sum of the electric wholesale revenue at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an operating company or an affected affiliate company and the denominator of which is for all operating companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes.
Appears in 5 contracts
Samples: Utility Service Agreement (Powergen PLC), Service Agreement (Powergen PLC), Service Agreement (Powergen PLC)
Wholesale. REVENUE RATIO - Based on the sum of the electric wholesale revenue at the end of each month for the immediately preceding twelve consecutive calendar months, the numerator of which is for an operating company Operating Company or an affected affiliate company and the denominator of which is for all operating companies Operating Companies and affected affiliate companies. This ratio will be determined annually, or at such time as may be required due to significant changes.
Appears in 3 contracts
Samples: Service Agreement (New Century Energies Inc), Utility Service Agreement (New Century Energies Inc), Utility Service Agreement (New Century Energies Inc)
