Cost Recovery Factor definition

Cost Recovery Factor means a percentage, to be annually determined by HCE, used to recover extraordinary costs related to a mandated project under this Rule 3040, which will allow HCE to recover the stranded costs of a mandated project, including, but not limited to, removal of existing facilities, and exceptional operating and maintenance expenses resulting from the mandated project. The percentage shall be determined by totaling the extraordinary costs, annually determined, and dividing such by the escalated cost. The cost recovery factor will be reviewed annually and HCE, at its sole discretion, may make alterations to the factor.
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Cost Recovery Factor means a percentage, to be annually determined by HCE, used to recover extraordinary costs related to a mandated project under this Rule 3040, which will allow HCE to recover the stranded costs of a mandated project, including, but not limited to, removal of existing facilities, and exceptional operating and maintenance expenses resulting from the mandated
Sample 1

Examples of Cost Recovery Factor in a sentence

  • The Gas Cost Recovery Factor shall be the same per Mcf or Ccf for each billed customer.

  • For months in which the Commission has not approved a specific Gas Cost Recovery Factor, the Company may include an appropriate Gas Cost Recovery Factor in its rates if authorized by law to do so.

  • For months in which the Michigan Public Service Commission has not approved a specific Gas Cost Recovery Factor, the Company may include an appropriate Gas Cost Recovery Factor in its rates if authorized by law to do so.

  • Each month the Company shall include in its rates a Gas Cost Recovery Factor up to the maximum authorized by the Commission as shown on Sheet No. D-3.00.

  • The amount due for gas cost (Section (a)) is determined by multiplying the Gas Cost Recovery Factor (GCRF) by the Customer's monthly volume.

  • The monthly gas cost adjustment is calculated by the application of a Gas Cost Recovery Factor (GCRF), as determined with the following formula: GCRF = Estimated Gas Cost Factor (EGCF) + Reconciliation Factor (RF) + Taxes (TXS) EGCF = Estimated cost of gas, including lost and unaccounted for gas attributed to residential, commercial, and industrial sales, and any reconciliation balance of unrecovered gas costs, divided by the estimated total residential, commercial, and industrial sales.

  • Customers metered at pressures other than 14.65 PSIA shall be billed the appropriate monthly Gas Cost Recovery Factor adjusted by the ratio that the metered pressure bears to 14.65 PSIA.

  • The Steam Supply Cost Recovery Factors are subject to further adjustment pursuant to the Monthly Steam Supply Cost Recovery Factor Price Adjustment (Contingency) Mechanism.

  • Gas sold at a price which does not include a Gas Cost Recovery Factor, at the incremental cost from the Company's suppliers.

  • In applying the Gas Cost Recovery Factor, per Mcf or Dekatherm, any fraction of 0.01 cent shall be rounded to the nearest 0.01 cent.

Related to Cost Recovery Factor

  • Capitation rate means the fee the department pays monthly to a participating health or dental plan for each enrollee for the provision of covered medical or dental services whether or not the enrollee received services during the month for which the fee is intended.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.