Energy transition charge definition

Energy transition charge means the amounts authorized by the
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Energy transition charge means any energy transition charge as defined in Section 2(G) of the Energy Transition Act that is authorized by the Financing Order.
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Energy transition charge means a non- bypassable charge paid by all customers of a qualifying utility for the recovery of energy transition costs;
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Examples of Energy transition charge in a sentence

  • Whenever the Servicer files an Energy Transition Charge Adjustment request with the LPSC, the Servicer shall send a copy of such filing to the Issuer, the Trustee and the Rating Agencies concurrently therewith and such other persons as are entitled to notice under the Financing Order.

  • If any Energy Transition Charge Adjustment request does not become effective on the applicable date as provided in such filing and in accordance with the Financing Order, the Servicer shall notify the Issuer, the Trustee and the Rating Agencies by the end of the second Servicer Business Day after such applicable date.

  • Any interim Energy Transition Charge Adjustment shall take into account the Periodic Payment Requirement for the next succeeding twelve (12) months.

  • The Person named as replacement Storm Recovery Charge Servicer or Energy Transition Charge Servicer (as the case may be) in accordance with this Section 4 is referred to herein as the “Replacement Servicer”.

  • The Storm Recovery Bond Issuer, the Storm Recovery Bond Trustee, the Storm Recovery Charge Servicer, the Energy Transition Bond Issuer, the Energy Transition Bond Trustee, and the Energy Transition Charge Servicer each acknowledge that collections with respect to the Storm Recovery Property and the Energy Transition Property may from time to time be deposited into one or more designated accounts of the Utility (the “Deposit Accounts”).

  • Such adjusted Energy Transition Charge rates shall be filed with the LPSC not less than fifteen (15) days prior to the first billing cycle of the Cleco Power revenue month in which the revised Energy Transition Charges will be in effect.

  • The Servicer shall request LPSC approval of an amendment to the Energy Transition Charge Adjustment mechanism to make a non-standard Energy Transition Charge Adjustment (under such procedures as shall be proposed by the Servicer and approved by the LPSC at the time) that it deems necessary or appropriate to address any material deviations between ETC Collections and the periodic revenue requirement.

  • The Servicer further agrees not to make any claim to reduce its obligation to remit all Energy Transition Charge payments collected by it in accordance with this Agreement.


More Definitions of Energy transition charge

Energy transition charge means a non-by-passable per
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Related to Energy transition charge

  • Market transition charge means a charge imposed pursuant to

  • Basic generation service transition costs means the amount by

  • Transition Services Agreement means the transition services agreement substantially in the form attached hereto as Exhibit B.

  • Annual Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Issuer and its Subsidiaries.

  • Basic gas supply service means gas supply service that is

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Termination Charges means any compensatory charges payable by the Customer to BT on termination of this Agreement in whole or in part or a Service as set out in a Schedule or Order.

  • RUNNING CHARGE PER KILOMETER means the rates payable against each KM run. and shall be deemed to include all the expenditures of the Transport Supplier viz., cost of fuel, tyre/tube, battery & consumables like lubricants etc. and other maintenance expenditures including accessories involved including GST element as applicable towards movement of the vehicle(s)/equipment.