Examples of Customer Choice Act in a sentence
Securitization Property consists of the irrevocable right to impose and collect certain non-bypassable charges (defined in the Customer Choice Act as "Securitization Charges") to be included in electric utility bills of all electric service retail customers of Consumers Energy Company, a Michigan electric utility.
The Seller shall use proceeds from the sale of the Securitization Property in accordance with the Financing Order and the Customer Choice Act.
Principal and interest due and payable on this Securitization Bond are payable from and secured primarily by Securitization Property created and established by the Financing Order pursuant to the Customer Choice Act.
This Class A-1 Securitization Bond is a Securitization Bond as such term is defined in the Customer Choice Act.
In any proceedings related to the exercise of the power of eminent domain by any municipality to acquire a portion of Consumers' electric distribution facilities, the Servicer shall assert that the court ordering such condemnation must treat such municipality as a successor to Consumers under the Customer Choice Act and the Financing Order.
In any proceedings related to the exercise of the power of eminent domain by any municipality to acquire a portion of Consumers’ electric distribution facilities, the Servicer shall assert that the court ordering such condemnation must treat such municipality as a successor to Consumers under the Customer Choice Act and the Financing Order.
The Financing Order has become effective pursuant to the Customer Choice Act and is and as of the date of issuance of any Securitization Bonds will be in full force and effect and final and non- appealable.
Although the Electricity Customer Choice Act unbundled prices for electric generation, transmission and distribution services, we currently manage and evaluate our electric generation, transmission and distribution operations on a combined basis.
The Company understands that the Securities and Exchange Commission has begun inquiries regarding the appropriateness of the continued application of SFAS No. 71 by utilities in states that have enacted deregulation legislation similar to the Customer Choice Act.
Summary of Stranded Cost Calculations As set forth in the Restructuring Plan filed with the PUC on April 1, the Company's net mitigated stranded cost claim is $4.6 billion, as summarized below: Amount Category of Stranded Cost (Millions of Dollars) Nuclear Generation $2,852 Fossil Generation 718 NUG Contracts 657 Regulatory Assets 384 $4,611 Financial Implications of the Customer Choice Act The ultimate impact of the Customer Choice Act on the Company's financial health will depend on numerous factors.