Residential Settlement definition
Examples of Residential Settlement in a sentence
This Residential Settlement may be amended or changed only by a written agreement signed by the Settling Parties.
In the event the Commission rejects or modifies this Residential Settlement or the underlying February 9 Settlement, the Settling Parties reserve their rights under CPUC Rule 12.4.
The Settling Parties agree that this Residential Settlement is reasonable in light of the testimony submitted, consistent with law, and in the public interest.
The Settling Parties further agree that this Residential Settlement resolves all residential rate design issues in A.▇▇-▇▇-▇▇▇.
As of the date of this Residential Settlement, however, the diversity benefit study has not been completed.
The provisions regarding the timing of this GRC rate change and rate changes between General Rate Cases agreed to in the February 9 Settlement, Section VII 2, shall apply to this Residential Settlement, unless specifically noted above.
In this Residential Settlement, CARE distribution rates are set to minimize the case where CARE customers taking Direct Access (DA) and Community Choice Aggregation (CCA) service would receive a negative utility bill.
This Residential Settlement represents a compromise among the Settling Parties’ respective litigation positions, not agreement to or endorsement of disputed facts and law presented by the Settling Parties in this proceeding.
The Settling Parties agree that the rate design for the residential class embodied in this Residential Settlement takes the revenue allocation reached for that class in the February 9 Settlement and ensures that it is fully recovered through residential rates in a manner that is just and reasonable, in the public interest, and that reflects a reasonable compromise of Settling Parties’ proposals.
The Settling Parties agree that the actual rates derived pursuant to this Residential Settlement shall be designed on an overall revenue-neutral basis to collect the then-current revenue allocated to the residential class and will differ from the rates presented herein.