Revenue decoupling mechanism definition

Revenue decoupling mechanism means a rate design or other cost recovery mechanism that provides recovery of the fixed costs of service and a fair and reasonable rate of return, irrespective of system throughput or volumetric sales.

Examples of Revenue decoupling mechanism in a sentence

  • Revenue decoupling mechanism (“RDM”): As approved by the applicable state regulatory bodies, the Company has electric and gas RDMs which allow for an annual adjustment to the Company's delivery rates as a result of the reconciliation between allowed and actual billed revenues.

  • Moreover, Staff proposes that the following factors be considered for the bill impact analyses for each utility:• Customer growth rate• Sales growth rate• Customer participation rate in energy conservation• Average energy conservation rate by participating customer• Commodity price savings• EPS program cost• Revenue decoupling mechanism reconciliation factor Bill impacts will be calculated for participant and non-participants.

  • These are department rules in addition to the requirements in IBC s.

  • Languages such as Bavarian and Frisian have grammaticalised this distinction on the definite determiner.

  • Revenue decoupling mechanism" means a rate design or other cost recovery mechanism that provides recovery of the fixed costs of service and a fair and reasonable rate of return, irrespective of system throughput or volumetric sales.

Related to Revenue decoupling mechanism

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  • Cumulative Net Loss Test With respect to any Payment Date, a test that will be satisfied if the Cumulative Net Loss Percentage does not exceed the applicable percentage indicated below: Payment Date occurring in the period Percentage March 2017 to February 2018 0.10% March 2018 to February 2019 0.20% March 2019 to February 2020 0.30% March 2020 to February 2021 0.40% March 2021 to February 2022 0.50% March 2022 to February 2023 0.60% March 2023 to February 2024 0.70% March 2024 to February 2025 0.80% March 2025 to February 2026 0.90% March 2026 to February 2027 1.00% March 2027 to February 2028 1.10% March 2028 to February 2029 1.20% March 2029 and thereafter 1.30% Current Accrual Rate: With respect to each Payment Date and any Reference Obligation, the lesser of (i) the related current Accounting Net Yield; and (ii) the related current mortgage rate thereon (as adjusted for any modifications) minus 0.35%.

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