Securitization charges definition

Securitization charges means nonbypassable amounts to be charged for the use or availability of electric services, approved by the commission under a financing order to fully recover qualified costs, that shall be collected by an electric utility, its successors, an assignee, or other collection agents as provided for in the financing order.
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Securitization charges means any securitization charges as defined in Section 10h(i) of the Statute that are authorized by the Financing Order.
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Securitization charges means the nonbypassable amounts to be charged to any existing or future retail electric customers and customer classes located within CEI South’s service area, approved by the Indiana Commission in the Financing Order, that may be collected by the Seller, its successors, assignees or other collection agents as provided for in the Financing Order.
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Examples of Securitization charges in a sentence

  • Securitization property includes the irrevocable right to impose and collect certain non-bypassable charges (defined in the Statute as "Securitization charges") to be included in electric utility bills of all electric service retail customers of The Detroit Edison Company, a Michigan electric utility.

  • Securitization charges are assessed to all full service and choice customers and, at present, are approximately $340 million(DTE) and $70 million (Consumers) annually.

  • Securitization charges are designed to recover qualified costs, which may include some stranded costs.

  • The Company has prepared and filed with the Commission in accordance with the provisions of the Act, and the rules and regulations of the Commission promulgated thereunder, the Registration Statement, relating to, among other things, the Shares.

  • Securitization charges are required to be nonbypassable even where the underlying cost represented by the securitization bond was not incurred for the benefit of the customers paying the charges at all.There is no valid analogy between the nonbypassable securitization charges required under MCL 460.10h and the refund of excess deferred federal income tax amounts to customers in this case.


More Definitions of Securitization charges

Securitization charges means nonbypassable amounts to be charged for the use or availability of
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Securitization charges means nonbypassable amounts to be charged for the use or availability of electric services, approved by the commission under a financing
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Related to Securitization charges

  • Securitization Fees means distributions or payments made directly or by means of discounts with respect to any participation interest issued or sold in connection with, and other fees paid to a Person that is not a Securitization Subsidiary in connection with any Qualified Securitization Financing.

  • Securitization Property means the property described in section 10j.

  • Securitization Assets means the accounts receivable, royalty and other similar rights to payment and any other assets related thereto subject to a Qualified Securitization Facility that are customarily sold or pledged in connection with securitization transactions and the proceeds thereof.

  • Securitization Facility means any of one or more securitization, financing, factoring or sales transactions, as amended, supplemented, modified, extended, renewed, restated or refunded from time to time, pursuant to which the Company or any of the Restricted Subsidiaries sells, transfers, pledges or otherwise conveys any Securitization Assets (whether now existing or arising in the future) to a Securitization Subsidiary or any other Person.

  • Securitization means one or more sales by a Note Holder of all or a portion of such Note to a depositor, who will in turn include such portion of such Note as part of a securitization of one or more mortgage loans.