Regulated Asset Base definition

Regulated Asset Base means the opening regulated asset base as at 1 July 2010 as determined in accordance with clause 5.4.

Regulated Asset Base means the value of fixed assets invested in by the transportation licensee and on which it is permitted to earn a return;

Regulated Asset Base means regulated asset base on December 31, 2018, as a percentage of the following projected regulated asset base (“Projected Asset Base”): $5,368,000,000. For purposes of this definition, regulated asset base is calculated as the sum of the following, each determined in accordance with U.S. Generally Accepted Accounting Principles: Plant In Service, Construction Work in Progress, Plant Held for Future Use, Inventory, Accumulated Depreciation, Accumulated Asset Retirement, Accumulated Asset Retirement Removal Costs, Asset Cost Balancing Cost, and Deferred Income Tax Credits.

Examples of Regulated Asset Base in a sentence

• In the event of a Terminal Capacity Expansion, costs incurred in the Terminal Capacity Expansion and approved by the QCA pursuant to Section 12.5, including construction related financing costs, (which will include a return on capital over the construction period on the Terminal Capacity Expansion expenditure incurred), will be included in the Expansion Component’s Regulated Asset Base upon which the ARR and Reference Tariff are determined.

• The return on capital to apply to the Regulated Asset Base (of the Existing Terminal if Socialised, or Differentiated Expansion Component if Differentiated), when calculating the ARR and Reference Tariffs to apply from the first day of the Month following the Completion and handover to the Operator of the Terminal Capacity Expansion, will be calculated at the WACC(3) Rate.

• The return on capital to apply to other components of the Regulated Asset Base (of the Existing Terminal if Socialised, or Differentiated Expansion Component if Differentiated) will continue to be calculated at the WACC(1) Rate.

• The QCA will include all prudent capital expenditure into the Regulated Asset Base (of the Existing Terminal if Socialised, or Differentiated Expansion Component if Differentiated).(n) (Preliminary assessment of Other Costs) If requested by DBCT Management, the QCA will undertake a preliminary assessment of the reasonableness of the Other Costs and shall advise DBCT Management of the results of such assessment.

• The return on capital over the construction period to be included in the Regulated Asset Base (of the Existing Terminal if Socialised, or Differentiated Expansion Component if Differentiated) will be calculated at the WACC(2) Rate.

• Higher D&A due to accelerated amortization of some gas distribution assets in France, which is value neutral over time as it is integrated in the regulated revenue, the non-reiteration of a positive internal Q4 2019 one- off as well as the first effects of the lower Regulated Asset Base (RAB) remuneration rate also contributed to the lower COI for French Networks.

• The cost pool is the sum of the: Return on assets (that is, the product of the rate of return with the Regulated Asset Base (RAB) of the assets); Depreciation (based on the regulated value of the assets and the expected life of the assets); and Operating expenditure approved.Added to these costs are a portion of Western Power’s overall tax building block and a portion of the recovery of deferred revenue.

• In effect, the assets gifted or ultimately created as a result of the capital contribution are included in the Regulated Asset Base but are “removed” through a deduction of the amount of the capital contribution.

• The R&CAB consists of the following items: • Regulated Asset Base (RAB), which is subject to some estimation as the AER ultimately determines the RAB of each network; and • The value of contracted network assets whose revenues and returns are set through a negotiated or competitive process.

• The opening value of the Regulated Asset Base as at 1 July 2012, split between water and wastewater assets, has been built up from BLW’s formation on 1 July 2009 and calculated as follows:• The Regulated Asset Base includes only regulated assets (water and wastewater) and the exclusion of unregulated assets (eg.

More Definitions of Regulated Asset Base

Regulated Asset Base means such assets, including working capital and work-in-progress assets, that are utilised by the airport licensee in the provision of aeronautical services and facilities;

Regulated Asset Base. (RAB) shall mean the value of all fixed assets, owned by the entity and used to perform one of the licensed activities in the power sector.