Annual Target Revenue definition

Annual Target Revenue or “ATR” shall mean the revenue requirement as approved by the Commission less any adjustments to that revenue requirement as approved by the Commission.
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Annual Target Revenue or “ATR” shall mean the class-specific revenue requirement as approved by the Department in the Company’s most recent general rate case, unless otherwise adjusted and approved by the Department, less a Streetlighting Sales adjustment pursuant to the Department’s directive in D.P.U. 14-136-A as defined below.
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Annual Target Revenue or “ATR” shall mean the class-specific revenue requirement as approved by the Department in the Company’s most recent base distribution rate case adjusted annually pursuant to the Company’s Performance-Based Ratemaking (“PBR”) Provision, M.D.P.U. No. 1423, as may be amended from time to time, and as otherwise adjusted and approved by the Department, less a Streetlighting Sales adjustment pursuant to the Department’s directive in D.P.U. 14-136-A as defined below.
Sample 1

Examples of Annual Target Revenue in a sentence

  • This phenomenon does not occur with the RDMs of the Electric Companies that operate under an Annual Target Revenue structure that has a stated amount of distribution revenue to be retain each year.

  • The Annual Target Revenue for each agreement period is approximately 1.5 times of the Minimum Guaranteed Fee for the same period.

  • Throughout the agreement period, the Concession Fee will equal to the Minimum Guaranteed Fee if the Annual Revenue does not exceed the Annual Target Revenue, and based on the available figures for the year, it is not likely for the Annual Revenue to exceed the Annual Target Revenue.

  • The Company’s Capital Cost Adjustment (“CCA”) would be phased out and the Revenue Decoupling Adjustment Charge (“RDAC”) would be modified to allow for the proposed PBR formula to determine the Annual Target Revenue (“ATR”) by rate class to be used in the RDAC each year.

  • The Company’s RDM shall consist of two components: (1) the level of Annual Target Revenue (“ATR”) reflected in its distribution rates for the historic calendar year; and (2) the RDR Plan Adjustment Revenue.

  • The Company has also stipulated a year-on-year increment on the Minimum Guaranteed Fees and Annual Target Revenue under the Exclusive Concession Rights Agreement to account for any predicted future growth of those figures foreseeable.

  • The look back step ensures recovery of NGrid’s Annual Target Revenue (“ATR”) and is built on a class specific revenue requirement resulting from the rate case.

  • As described in the Dr. Tierney’s pre- filed Direct Testimony, the Company’s RDR Rate Plan is designed so that the Company collects its Annual Target Revenue (“ATR”), which reflects its base rate revenue requirements and adjustments for cumulative Net CapEx and Net Inflation, irrespective of the actual level of sales to customers.

  • In support of these proposed tariff changes, please find the following attachments:  Attachment 2 – Revenue Requirement Schedules in the Department’s Standard Format  Attachment 3 – Rate Design  Attachment 4 – Calculation of Annual Target Revenue  Attachment 5 – Rate Case Expense  Attachment 6 – Bill Impacts As shown in Attachment 2, after accounting for actual rate case expense, the total base distribution rate increase of $1,067,094 has been reduced to $924,185.

  • The RDAF shall be calculated by comparing the difference between Annual Target Revenue to Actual Base Revenue for each rate class with the resulting differences summed to develop a total Company shortfall or surplus.


More Definitions of Annual Target Revenue

Annual Target Revenue or “ATR” shall mean (A) the class-specific revenue requirement as approved by the Department in Docket No. D.P.U. 09-39, unless otherwise adjusted and approved by the Department and (B) the class specific revenue requirement of Cumulative Net CapEx (“Cumulative Net CapEx Adjustment”) reviewed and approved by the Department since the test year in the Company’s last general rate case, less a Streetlighting Sales adjustment pursuant to the Department’s directive in D.P.U. 14-136-A as defined below.
Sample 1

Related to Annual Target Revenue

  • Budget year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Annual Net Sales means, with respect to any Calendar Year, the aggregate amount of the Net Sales for such Calendar Year.

  • Annual Revenue means the Company’s or a business unit’s net sales for the Fiscal Year, determined in accordance with generally accepted accounting principles; provided, however, that prior to the Fiscal Year, the Committee shall determine whether any significant item(s) shall be excluded or included from the calculation of Annual Revenue with respect to one or more Participants.

  • Budget Period means the fiscal period for which a budget is prepared.

  • Target Bonus means Executive’s annual (or annualized, as applicable) target bonus in effect immediately prior to Executive’s Qualifying Termination or, if Executive’s Qualifying Termination occurs during the Change in Control Period and the amount is greater, Executive’s annual (or annualized, if applicable) target bonus in effect immediately prior to the Change in Control.

  • Earnout Period has the meaning set forth in Section 3.6(a).

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.