Aggregate Revenue Requirement definition

Aggregate Revenue Requirement or “ARR” means the costs pertaining to the licensed business which are permitted, in accordance with these regulations, to be recovered from the tariffs and charges determined by the Commission;

Aggregate Revenue Requirement. (ARR) means the revenue required to meet the costs pertaining to the licensed business, for a financial year, which would be permitted to be recovered through tariffs and charges by the Commission;

Aggregate Revenue Requirement means the requirement of the Transmission Licensee or the Distribution Licensee or Generating Company or SLDC for recovery, through tariffs, of all the allowable expenses and return pertaining to its Licensed/Regulated Business for a particular financial year, in accordance with these Regulations;

Examples of Aggregate Revenue Requirement in a sentence

• Moreover, this income should not be considered under income from non-tariff sources for the determination of Net Aggregate Revenue Requirement in APR or tariff for any year.

• Aggregate Revenue Requirement (AFC) includes O&M expenses, depreciation, interest on loan, return on equity and interest on working capital.

• The Commission vide its Suo-Motu Order dated 24th September, 2021 in Case No. 1995 of 2021 in the matter of “Filing of application for determination of Aggregate Revenue Requirement (ARR) and Tariff for FY 2022-23”, has decided to determine the ARR for FY 2022-23 based on the principles and methodology as provided in the GERC (MYT) Regulations, 2016 and defer the next MYT Control Period by one year.

• The Commission vide its Suo-Motu Order dated 20th October, 2022 in Case No. 2140 of 2022 in the matter of “Filing of application for determination of Aggregate Revenue Requirement (ARR) and Tariff for FY 2023-24”, has decided to determine the ARR for FY 2023-24 based on the principles and methodology as provided in the GERC (MYT) Regulations, 2016 and defer the next MYT Control Period by one year.

• The Andhra Pradesh Electricity Regulatory Commission framed the “Terms and Conditions for determination of Tariff for Wheeling and retail supply of electricity” Regulation 4 of 2005 and First Amendment Regulation 2014 (“Regulation 1”), lays down the principles for determination of Aggregate Revenue Requirement (ARR) for (a) Distribution Business and (b) Retail Supply Business of the licensees.

More Definitions of Aggregate Revenue Requirement

Aggregate Revenue Requirement means the requirement of the Transmission Licensee or Distribution Licensee for recovery, through tariffs, of allowable expenses and return on equity pertaining to its Licenced Business, in accordance with these Regulations;

Aggregate Revenue Requirement means the requirement of the Transmission Licensee or Distribution Licensee or Generating Company or SLDC for recovery, through tariff, of allowable expenses and return on capital pertaining to its Licensed or Regulated Business for a particular financial year, in accordance with these Regulations;

Aggregate Revenue Requirement means the requirement of the Licensee or Generating Company for recovery, through tariffs, of allowable expenses and return on equity capital pertaining to its Licensed/Regulated Business, in accordance with these Regulations;

Aggregate Revenue Requirement or “ARR” shall mean the annual revenue requirement comprising of allowable expenses and return on capital pertaining to the Generating Company, Transmission Licensee or Distribution Licensee, for recovery through tariff, in accordance with these Regulations;

Aggregate Revenue Requirement or “ARR” means the costs pertaining to the State Load Despatch Centre/ Power System Operation company which are permitted, in accordance with these Regulations, to be recovered from the fees and charges determined by the Commission;

Aggregate Revenue Requirement means the revenue requirement comprising allowable expenses and return on capital pertaining to the Generating Company, Transmission Licensee or Distribution Licensee or MSLDC, to be recovered through Tariff or Fees and Charges in accordance with these Regulations;

Aggregate Revenue Requirement or "ARR" means the costs pertaining to the licensed and / or regulated business, which are permitted, in accordance with this Regulation, to be recovered from the tariffs and charges determined by the Commission.