Market transition charge definition

Market transition charge means a charge imposed pursuant to
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Market transition charge means a charge imposed pursuant to section 13 of P.L.1999, c.23 (C.48:3-61) by an electric public utility, at a level determined by the board, on the electric public utility customers for a limited duration transition period to recover stranded costs created as a result of the introduction of electric power supply competition pursuant to the provisions of P.L.1999, c.23 (C.48:3-49 et al.).
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Market transition charge means a charge imposed pursuant to section 13 of P.L.1999,
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Examples of Market transition charge in a sentence

  • A separate Tax Market Transition Charge (the "MTC-Tax") is designed to recover all income taxes associated with the TBC and MTC-Tax revenues.

  • The additional charge will be an amount computed for each billing period equal to the full actual amount collected by PSE&G for its unsecuritized generation stranded costs in accordance with the BPU Order through its Market Transition Charge (MTC) and other means during the Term of this Agreement.

  • GPU finds flaws with Staff's recommendation that the Market Transition Charge be fixed and that the Market Energy and Capacity charge be allowed to be the residual rate component, arguing that BGS customers could pay above-market MEC charges.

  • Staff also reiterates its position that the Board consider two options for calculating the Market Transition Charge, a variable and a fixed charge.

  • RECO proposes to recover its share of stranded generation investment, if any, through regulated delivery rates by means of a Market Transition Charge (MTC).

  • GPU's petition as revised and updated during the proceedings seeks recovery via a Market Transition Charge of $1.638 billion of stranded costs, distributed among three categories: (In $ Millions) Owned Generation Commitments 50.98 Non-Utility Generation Commitments 1,500.05 Utility Purchase Power Commitments 86.97 ----------------------------------------------------------------------- Total $1,638.00 [ID at 16].

  • He further finds that the Auditors' second suggested alternative, to partially rebundle non-competitive rates and implement an implicit Market Transition Charge ("MTC") including a rate cap, with explicit and separate energy and capacity credits, has merit and warrants the Board's consideration.

  • This reduction will be achieved, in part, by offsetting $36 million of current regulatory asset charges with projected DSM and LEAC credits, as set forth in Schedule A, reducing charges for electric power to market levels, and setting the Market Transition Charge ("MTC") in a manner that yields a net 3.9% reduction.

  • The Board notes that, in either case, the Company's overall rates would not change during the four year transition period and thus the revenues 'freed up' by the cessation of decommissioning funding would either serve to reduce the SBC deferral if the SBC were left unchanged, or the Basic Generation Service, Net Non-Utility Generation Charge ('NNC') or Market Transition Charge ('MTC') deferral in the event the SBC were reduced.

  • This recovery is to be accomplished via a 2 mill per kwh retail adder, an explicit Market Transition Charge, exclusive of the NTC, and the amount funded by the excess depreciation reserve amortization.


More Definitions of Market transition charge

Market transition charge means the market transition charge that PSE&G may impose on Customers pursuant to the Competition Act and the Restructuring Order.
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Market transition charge means the market transition charge that ACE may impose on Customers pursuant to the Competition Act and the Restructuring Order.
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Market transition charge means the market transition charge that JCP&L may impose on Customers pursuant to the Competition Act and the Restructuring Order.
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Market transition charge means a charge imposed pursuant to section 13 of P.L.1999, c.23 (C.48:3-61) by an electric public utility, at a level determined by the board, on the electric public utility customers for a limited duration transition period to recover stranded costs created as a
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Market transition charge means a charge imposed pursuant to section 13 of this act by an electric public utility, at a level determined by the board, on the electric public utility customers for a limited duration transition period to recover stranded costs created as a result of the introduction of electric power supply competition pursuant to the provisions of this act;
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Related to Market transition charge

  • Basic generation service transition costs means the amount by

  • Connection Charge is the sum payable by the Communications Provider in accordance with the Openreach Price List for provisioning of the Service;

  • Transition Services Agreement means the transition services agreement, to be entered into at the Closing, substantially in the form attached hereto as Exhibit C.

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Transition bond charge means a charge, expressed as an

  • development charge means a charge imposed pursuant to this By-law;

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • frequency ride through as used herein shall mean the ability of a Small Generating Facility to stay connected to and synchronized with the system or equipment of the Transmission Owner and any Affected Systems during system disturbances within a range of under-frequency and over- frequency conditions, in accordance with Good Utility Practice and consistent with any standards and guidelines that are applied to other generating facilities in the Balancing Authority Area on a comparable basis. The term “voltage ride through” as used herein shall mean the ability of a Small Generating Facility to stay connected to and synchronized with the system or equipment of the Transmission Owner and any Affected Systems during system disturbances within a range of under-voltage and over-voltage conditions, in accordance with Good Utility Practice and consistent with any standards and guidelines that are applied to other generating facilities in the Balancing Authority Area on a comparable basis.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Secondary Market Transaction has the meaning set forth in Section 5.5.

  • 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.

  • Covered Guest All registered guests and all persons booked to share the same unit of accommodations, and have paid the required plan cost. • "Stay": The stay at an iTrip unit, from the date of a Covered Guest's check-in to the date of check-out.

  • Early Termination Charge means, with respect to any 2016-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2016-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2016-B Lease balance over the related 2016-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).