Examples of Annual Revenue Requirement in a sentence
The State Advisory Committee (SAC) constituted under Section 87 of Electricity Act, 2003 met on 12, Feb 2009 to deliberate on the Annual revenue requirement and tariff application for the FY 2009-10 of utilities, namely OHPC, OPTCL, GRIDCO, SLDC, CESU, NESCO, SOUTHCO and WESCO.
Annual revenue requirement for the target year.[Statutory Authority: RCW 19.285.080(2).
While determining the final price of transmission charges, the Commission considered all expenses that has to be recovered from the customers and reduced the "other income" from such expenses and finally calculated the transmission charges to be recovered from the end customers by dividing the Annual revenue requirement by the Allotted transmission capacity in the system by duly considering the promotional measures to encourage the(Non-REC) wind, solar, Biomass and Co-gen Energy in the State of Tamil Nadu.
Annual revenue requirement shall mean the return on rate base and associated income taxes relating to the Company’s investment in solar, along with accumulated depreciation and accumulated deferred taxes, depreciation expense, incremental operation and maintenance expense, property taxes, and amortization of investment tax credits.
Table 3.10: Annual revenue requirement for FY 2004-05 and average per unit cost of energy S.NoDescription of itemAmount(Rs. Crore)1Revenue ExpenditureA.