Price Control definition

Price Control means a control set by the Water Services Regulation Authority, pursuant to a Periodic Review or Interim Determination, or deemed to be so set by virtue of sub-paragraph 16.2, in respect of the charges to be levied by and/or revenue allowed to an Appointed Business or any part thereof (having regard to its costs) and such matters ancillary to the said control, by way of a determination pursuant to this Condition. The appropriate nature and form of each control for Water Resources Activities, Bioresources Activities and Retail Activities will depend on the circumstances of each case;
Price Control means a method for setting the maximum price that can be charged, or revenue that can be earned, by a regulated entity for the use of or access to its assets, facilities or services;
Price Control. ’ means a method for setting the price that can be charged, or revenue that can be earned, by a regulated entity for the use of or access to its assets, facilities or services, referred to in section 11(2); 25

Examples of Price Control in a sentence

  • If we provide you with incorrect prices in error we can choose not to go ahead with our agreement with you which means we may end it (including your Price Control Agreement) and we will offer you a new agreement with the correct prices.

  • To cancel, simply write to us with your agreement number, saying you want to cancel your Price Control Agreement.

  • If you change tariff with us following that notice and prior to the end of the Price Control Period then you will pay the charges as per this Price Control Agreement until you move to your new tariff.

  • If you switch supplier as a result of our notice to you prior to the end of the Price Control Period, and we receive formal notice of a switch within the relevant period then until you leave you will pay the charges as per this Price Control Agreement.

  • If you move home you may be able to transfer this Price Control Agreement to your new home if you continue to meet the eligibility criteria and: - you let us know that you would like to transfer the Price Control Agreement to your new home when you tell us about your change of address; and - we reach a mutual agreement to continue with the Price Control Agreement at your new home.


More Definitions of Price Control

Price Control means the provisions in an access arrangement under section 5.1(d) and Chapter 6 which determine target revenue.
Price Control means a control set by the Water Services Regulation Authority, pursuant to a Periodic Review or Interim Determination, or deemed to be so set by virtue of sub-paragraph 15.2, in respect of the charges to be levied by and/or revenue allowed to an Appointed Business or any part
Price Control means any of the following:
Price Control means a control set by the Water Services Regulation Authority, pursuant to a Periodic Review or an Interim Determination, or deemed to be so set by virtue of sub-paragraph 16.2, in respect of the charges to be levied by and/or revenue allowed to an Appointed Business or any part thereof (having regard to its costs) and such matters ancillary to the said control, by way of a determination pursuant to this Condition. The
Price Control means the mechanism by which Ofgem sets the amount of allowed revenue which can be earned by network companies over a price control period.
Price Control means licence conditions whose main purpose is to restrict or otherwise govern the revenue that the licence holder may earn in carrying out activities that are the subject of conditions in the licence, and decisions or determinations of the GEMA under those licence conditions;
Price Control means a control set by the Water Services Regulation Authority, under sub-