Rate Stabilization Account definition

Rate Stabilization Account means an account established within the
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Rate Stabilization Account means the account established in the Revenue Fund pursuant to Section 10.2.
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Rate Stabilization Account means the account of that name in the Electric Fund, established pursuant to Section 9 of this ordinance.
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Examples of Rate Stabilization Account in a sentence

  • The Rate Stabilization Account (RSA) is a restricted cash reserve established to reduce the need for rapid and substantial rate increases solely to comply with the Department’s bond covenants.

  • Earnings from investments in the Rate Stabilization Account shall be deposited in that account and shall not be included as Adjusted Net Revenue unless and until withdrawn from that account.

  • However, no deposit of Gross Revenue may be made into the Rate Stabilization Account to the extent that such deposit would prevent the City from meeting the Coverage Requirement in the relevant fiscal year.

  • The City may withdraw money from the Rate Stabilization Account at any time upon authorization of the City Council (which may be by motion, resolution or ordinance) for inclusion in the Adjusted Net Revenue for any fiscal year of the Utility System, except that the total amount withdrawn from the Rate Stabilization Account in any fiscal year may not exceed the Annual Debt Service in that year.

  • The unearned revenue for the Rate Stabilization Account for 2020 and 2019 is the result of spreading retail electric revenues and related activity over multiple periods to reduce the need for rapid and substantial rate increases (see Note 4 Rate Stabilization Account).


More Definitions of Rate Stabilization Account

Rate Stabilization Account means the account of that name previously established in
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Rate Stabilization Account means the Rate Stabilization Account established under the Loan Agreements for each of the Participants.
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Rate Stabilization Account means the account of that name authorized to be created within the Revenue Fund pursuant to Section 10 of this ordinance.
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Rate Stabilization Account means the account of that name created for the purposes described in Section 16.
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Rate Stabilization Account means the account within the R&C Fund.
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Rate Stabilization Account means the account within the Surplus Fund established in Section 5.01 hereof.
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Rate Stabilization Account means the fund of that name created in the Light Fund for the
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