AFUDC Rate definition

AFUDC Rate means the Allowance for Funds Used During Construction rate computed in accordance with the formula prescribed in the Code of Federal Regulations Title 18, Part 101.
AFUDC Rate means, with respect to each corresponding regulated project designated by the Borrower and as of the relevant date of determination, the applicable rate or rates allowed with respect to such project as determined in accordance with generally accepted regulatory accounting principles or by such rate-regulated Person, as applicable.
AFUDC Rate means, with respect to each corresponding regulated project designated by the MLP and as of the relevant date of determination, the applicable rate or rates allowed with respect to such project as determined in accordance with generally accepted regulatory accounting principles or by such rate-regulated Person, as applicable.

Examples of AFUDC Rate in a sentence

  • Pursuant to Decision No. 88-01-061, dated January 28, 1988, SCE uses a gross of tax interest rate in calculating the AFUDC Rate, and income tax normalization to account for the increased income tax expense occasioned by the Tax Relief Act of 1986 provisions requiring capitalization of interest during construction for income tax purposes.

  • Equity Component of AFUDC Rate Calculation In its review of the equity component that was included in PNM’s AFUDC rate calculations, audit staff determined that PNM incorrectly used balances from Account 216.1, Unappropriated Undistributed Subsidiary Earnings, in deriving the equity component of the AFUDC rate calculation.

  • The essential purpose of the business plan is to serve as a strategy for the case company.

  • PARTICULARS AMOUNT (a) Application for Mainline Final 2011 TollsSchedule 6.5Sheet 1 of 1 CALCULATION OF INTEREST AFUDCFOR THE TEST YEAR ENDING DECEMBER 31, 2011 ($000) Interest AFUDC = Interest Component of Rate of Return X AFUDC Rate of Return = 4.43 X $2,313 7.66 = $1,337 Application for Mainline Final 2011 TollsSchedule 6.6Sheet 1 of 1 CONTINUITY OF UTILITY CAPITAL LOSS / (GAIN) CARRY FORWARD FOR THE TEST YEAR ENDING DECEMBER 31, 2011 LINENO.

  • AES Indiana will calculate the carrying charges at the lower of the AFUDC Rate or the WACC rate.

  • Appendix A AFUDC Rate FormulaAFUDC RATE FORMULA The AFUDC rate is defined by the Federal Energy Regulatory Commission and is part of the Uniform System of Accounts.1 The total AFUDC rate is the sum of Ai, the gross allowance for borrowed funds used during construction rate and Ae, the allowance for other funds used during construction rate.

  • In the case of major capital work orders, the actual start date and the operational date will be taken into consideration when applying AFUDC.08 Calculation of AFUDC Rate The rate used to capitalize AFUDC is the Company's weighted average cost of capital before tax.

  • AFUDC Rate for Duke Energy Adjournment There being no further business to come before the Board, the meeting was adjourned at 12:32 p.m.

  • Higher AFUDC Rate for Large Capital Projects39CWS requested to accrue Allowance for Funds Used During Construction (AFUDC), at its authorized rate of return, for a water treatment plant in its Bakersfield District estimated to cost $62 million, and a transmission pipeline in its Palos Verdes District estimated to cost $20-30 million.

  • KCPL shall use this 125 basis point reduction in the AFUDC rate from the effective date of the Order Approving Stipulation and Agreement in this proceeding, and in all subsequent calculations of AFUDC on Iatan 2 until the in-service date of Iatan 2.However, during the hearing, KCPL agreed to substitute the AFUDC Rate Reduction provision from a similar Kansas Stipulation and Agreement.


More Definitions of AFUDC Rate

AFUDC Rate means allowance for funds used during construction and shall be 6.44% consisting of after-tax equity and pre-tax debt components.

Related to AFUDC Rate

  • Reference Interest Rate means the interest rate which is used as the basis for calculating any interest to be applied and which comes from a publicly available source which can be verified by both parties to a payment service contract;

  • Reference Rate means the rate specified as such hereon.

  • SONIA Reference Rate means, in respect of any London Banking Day, a reference rate equal to the daily Sterling Overnight Index Average ("SONIA") rate for such London Banking Day as provided by the administrator of SONIA to authorised distributors and as then published on the Relevant Screen Page (or if the Relevant Screen Page is unavailable, as otherwise is published by such authorised distributors) on the London Banking Day immediately following such London Banking Day; and

  • Base Rate means a fluctuating interest rate per annum in effect from time to time, which rate per annum shall at all times be equal to the highest of:

  • Weighted Average Advance Rate means, as of any date of determination with respect to all Eligible Collateral Obligations included in the Adjusted Aggregate Eligible Collateral Obligation Balance, the number obtained by (i) summing the products obtained by multiplying (a) the Advance Rate of each such Eligible Collateral Obligation by (b) such Eligible Collateral Obligation’s contribution to the Adjusted Aggregate Eligible Collateral Obligation Balance and (ii) dividing such sum by the Adjusted Aggregate Eligible Collateral Obligation Balance.

  • Term SOFR Reference Rate means the forward-looking term rate based on SOFR.

  • Original Reference Rate means the originally-specified benchmark or screen rate (as applicable) used to determine the Rate of Interest (or any component part thereof) on the Notes.