Rate Base definition

Rate Base means the original cost value of the

Rate Base means the net assets upon which a utility can receive a specified return, based on the value of such assets. The rate base is set by the relevant regulatory authority and typically represents the value of specified property, such as plants, facilities and other investments of the utility. These rate base values have been calculated using the best estimates as of December 31, 2016.

Rate Base means the amount of investment on which a return is authorized to be earned, which typically includes net plant in service plus an allowance for working capital;

Examples of Rate Base in a sentence

• Rate Shock' - Preoperational Phase-In Through CWIP in Rate Base," Edison Electric Institute, Finance Committee Annual Meeting, May 1983.

• In exchange, on or before January 1, 2004, the Commission shall establish and authorize the collection of the Regulatory Asset and the URG Rate Base, and on or as soon as practicable after the Effective Date, the Commission shall resolve Phase 2 of the presently pending ATCP Application with no adverse impact on PG&E’s cost recovery as filed, and provide the other consideration described herein.

• Rate Base shall reflect the average of beginning and end-of-year net plant, Plant in Service minus accumulated depreciation minus deferred taxes.

• Schedule 7: Rate Base and Return Presents the calculation of the Historic Test Period rate base in accordance with the provisions of this ARM Tariff.

• Rate Base shall be calculated using actual net plant in service, construction work in progress, accumulated deferred income taxes, inventory, working capital, and other rate base components.

More Definitions of Rate Base

Rate Base means, with respect to any transmission and distribution assets, gross electric plant in service under GAAP, which is the aggregate amount of capital expenditures used to construct such assets plus AFUDC, less accumulated depreciation, and adjusted for accumulated deferred income taxes.

Rate Base means the aggregate account balances reported as such by the cost regulated utility to the applicable state or federal regulatory commission.

Rate Base means the daily or hourly fee based on the historical period and updated by a rate adjustment based on the State approved COLA, if any, through the current fiscal year;

Rate Base has the meaning provided in Section III.A. of Attachment B.

Rate Base means the net investment value upon which the applicant utility shall be permitted to earn a specified return. Generally the Rate Base represents the value of utility property used and useful in rendering the public utility service and may contain elements of value reflecting the cost of the utility property to the person first devoting it to the public service and other items, such as cash working capital, materials, supplies, and prepayments. In accordance with New Mexico statutes the applicant's Rate Base may also reflect the cost of reproduction as a going concern and other elements of value.

Rate Base means Rate Base with respect to a particular portion of real property, franchise, service territory or operations.

Rate Base means the accumulated original capital cost of assets, net of accumulated Depreciation, both as adjusted to remove the CCI amounts, plus a Working Capital Provision as set out in Section 12.