Rate Base Assets definition

Rate Base Assets means all generation, transmission, distribution and other utility assets that are used or required to be used to provide service to utility customers, which are included in the calculation of the Corporation’s revenue requirement for the applicable year and are subject to a regulated rate of return;
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Rate Base Assets means assets of the Company which are included in FERC’s determination of the Company’s revenue requirement under the OATT.
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Rate Base Assets means all distribution utility assets in which the Corporation has invested to provide service to distribution utility customers, which are included in the determination of the Corporation’s revenue requirement and are subject to a regulated rate of return;
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Examples of Rate Base Assets in a sentence

  • The Purchase Price is calculated as follows: CATEGORY DESCRIPTION AMOUNT Rate Base Assets Capital cost of Acquired Assets owned by KWC (Exhibit B-1) and KWTC (Exhibit B-2), being the original cost of such assets net of accumulated depreciation from the in-service date to the Effective Date, and related contribution in aid of construction, advances in aid of construction, deferred income taxes, and Commission adjustments for excess capacity.

  • The Company shall not make any Material capital expenditures for, or in, assets that are not Rate Base Assets.


More Definitions of Rate Base Assets

Rate Base Assets means assets of the Company which are included in the FERC’s determination of the Company’s revenue requirement under the OATT.
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Rate Base Assets means any Purchased Assets transferred to Buyer on the Closing Date that are included in the definition of Net Transmission Plant Investment.
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Rate Base Assets means assets of the Company which are included in FERC's determination of the Company's revenue requirement under the OATT.
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Rate Base Assets means all distribution utility assets in which the Corporation has invested to provide service to distribution utility customers, which are subject to a regulated rate of return that is considered in customer rates;
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Rate Base Assets assets of the Borrower which are included in FERC's determination of the Borrower's revenue requirement under the OATT.
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Related to Rate Base Assets

  • Alternate Base Rate means, for any day, a rate per annum equal to the greater of (a) the Prime Rate in effect on such day and (b) the Federal Funds Effective Rate in effect on such day plus 1/2 of 1%. Any change in the Alternate Base Rate due to a change in the Prime Rate or the Federal Funds Effective Rate shall be effective from and including the effective date of such change in the Prime Rate or the Federal Funds Effective Rate, respectively.

  • CMT Rate means, with respect to any Reset Date (in the following order of priority):

  • SOFR Rate means the rate that will be calculated by the Calculation Agent for each Accrual Period on the SOFR Adjustment Date as of the SOFR Determination Time (or, if the Benchmark is not SOFR, the Reference Time) and, except as provided below following a determination by the Administrator that a Benchmark Transition Event and its related Benchmark Replacement Date have occurred, shall mean, with respect to the Class A-2b Notes as of any SOFR Adjustment Date, a rate equal to Compounded SOFR; provided, that, the Administrator will have the right, in its sole discretion, to make applicable SOFR Adjustment Conforming Changes.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.