Prudence review definition

Prudence review means a comprehensive review that examines as fair, just, and reasonable, a utility's practices, policies, and decisions regarding an investment or expense at the time the investment was made or expense was incurred; including direct or indirect maximization of its positive impacts and mitigation of adverse impact upon its ratepayers, consideration of its ultimate used and useful nature.
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Prudence review. , means the biennial review of the fuel, generation, and purchased power related expenses incurred by a utility pursuant to OAC 165:35-35-1.
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Prudence review means a comprehensive review that examines as fair, just, and reasonable, a utility's practices, policies, and decisions regarding an investment or expense at the time the investment was made or expense was incurred; including direct or indirect
Sample 1

Examples of Prudence review in a sentence

  • A detailed report of technical deficiencies at Grand Gulf as well as a detailed Prudence review and written as well as oral testimony is being performed.

  • Upon approval of the new ECR factors, the utility shall file separate tariff sheets for board approval to implement the ECR factors in its rates.199—35.13(476) Prudence review.

  • A detailed report of technical deficiencies at Grand Gulf as well as a detailed Prudence review and written as well as oral testimony are being performed.Additionally, CTC supports the Louisiana Public Service Commission Staff in Dockets No. R- 35394 and Docket No. R-36226.

  • Premiums include any adjustments arising in the accounting period for premiums receivable in respect of business written in prior accounting periods.Unearned premiums are those proportions of premiums written in a year that relate to periods of risk after the reporting date.

  • Prudence review of 7 WM-related costs will occur in a separate process when Schedule 151 is updated and, thus, is 8 not part of this proceeding.

  • Prudence review is a separate standard that will be relevant if and when NW Natural7 seeks cost recovery.

  • While it is desirable for all five tests to achieve benefit/cost ratios greater than 1.0, several factors contribute to why the passage of all tests is unlikely at the Program Approval and Prudence review stage or at a later stage.These factors include uncertainty surrounding actual measure costs, estimated savings impacts, total administrative cost estimates, and net to gross ratios (an estimate of those that would have undertaken the action absent the presence of the program).

  • Interesting meta-analyses of the consequences of unemployment for health have been made by Peter Warr (4) and Anne Hammarström (5).

  • Discard the first few drops and then dispense 1 drop of the antigen (while holding the bottle in a vertical position) to a test circle containing the sample.

Related to Prudence review

  • Utilization review means the prospective (prior to), concurrent (during) or retrospective (after) review of any service to determine whether such service was properly authorized, constitutes a medically necessary service for purposes of benefit payment, and is a covered healthcare service under this plan. WE, US, and OUR means Blue Cross & Blue Shield of Rhode Island. WE, US, or OUR will have the same meaning whether italicized or not. YOU and YOUR means the subscriber or member enrolled for coverage under this agreement. YOU and YOUR will have the same meaning whether italicized or not.

  • Performance Review means a summative evaluation of a teacher other than a beginning teacher and used to determine whether the teacher’s practice meets school district expectations and the Iowa teaching standards, and to determine whether the teacher’s practice meets school district expectations for career advancement in accordance with Iowa Code section 284.7.

  • Medical Review Officer (MRO) means a licensed physician responsible for receiving and reviewing laboratory results generated by the school district’s drug testing program and for evaluating medical explanations for certain drug tests.

  • Review means a financial or operational audit, investigation, inspection or other form of review requested or required by the LHIN under the terms of LHSIA or this Agreement, but does not include the annual audit of the HSP’s financial statements;

  • professional diligence means the standard of skill and care that a Member would be reasonably expected to exercise towards a Client, commensurate with-

  • Standard Operating Procedures or “SOP” means the procedures as specified in the Annexes or Attachments to the relevant Schedules;

  • Application Review Start Date means the later date of either the date on which the District issues its written notice that the Applicant has submitted a completed Application or the date on which the Comptroller issues its written notice that the Applicant has submitted a completed Application and as further identified in Section 2.3.A of this Agreement.

  • Program services means services that include all of the following provided they are pursuant to a program agreement: program needs assessment and development, job task analysis, curriculum development and revision, instruction, instructional materials and supplies, computer software and upgrades, instructional support, administrative and student services, related school to career training programs, skill or career interest assessment services and testing and contracted services.

  • Professional Engineer means a person entitled to practise as a Professional Engineer in the Province of Ontario under a licence issued under the Professional Engineers Act;

  • Program Staff means a person employed by the local program who is knowledgeable in a particular subject matter. For the purposes of the complaint process, program staff may not be involved in a specific complaint prior to the receipt of the complaint or the request for a review of the complaint.

  • Project Operations Manual or “POM” means the Project Operations Manual referred to in Section I.B of Schedule 2 to this Agreement, as the said manual may be amended from time to time, with the prior written approval of the Bank, and such term includes any schedules to the POM.

  • external engineering service means an engineering service situated outside the boundaries of a land area and that is necessary to serve the use and development of the land area;

  • Quality Assurance Program means the overall quality program and associated activities including the Department’s Quality Assurance, Design-Builder Quality Control, the Contract’s quality requirements for design and construction to assure compliance with Department Specifications and procedures.

  • Energy audit means a systematic procedure with the purpose of obtaining adequate knowledge of the existing energy consumption profile of a building or group of buildings, an industrial or commercial operation or installation or a private or public service, identifying and quantifying cost-effective energy savings opportunities, and reporting the findings;

  • Regulatory Services Provider means the organization which provides regulatory services to BSEF pursuant to a Regulatory Services Agreement.

  • conformity assessment body means a body that performs conformity assessment activities including calibration, testing, certification and inspection;