Significant financial hardship definition
Significant financial hardship means either that the customer cannot without undue hardship afford to pay the costs of effective participation, including advocate's fees, expert witness fees, and other reasonable costs of participation, or that, in the case of a group or organization, the economic interest of the individual members of the group or organization is small in comparison to the costs of effective participation in the proceeding.
Significant financial hardship means that a consumer intervenor has incurred or will incur eligible costs as defined herein, is either unable or not reasonably able to defray costs from other sources, and will be either unable or not reasonably able, without an award of intervenor compensation, to by participateing in a Commission proceeding. through offering of lay or expert testimony or legal briefing and argument concerning the expenses, investments, rate design, rate impact, or other matters affecting the pricing, rates, costs or other charges associated with utility service.
Significant financial hardship means a reasonable probability that an individual will be unable to satisfy his or her financial obligations for two or more consecutive months.
More Definitions of Significant financial hardship
Significant financial hardship means an immediate and substantial financial need (not covered by reimbursement or compensation by insurance or otherwise) of a Shareholder, such as (i) medical care expenses for the Shareholder and his family; (ii) potential loss of the Shareholder’s principal residence due to actual or threatened foreclosure proceedings or (iii) an inability to pay ordinary and customary living expenses which can only be averted by sale of the Shareholder’s other assets at “sacrifice” or “below market” prices; or (iv) an inability to maintain the Shareholder’s normal and customary style of living (which the parties to this Agreement agree may be different for each Shareholder). If the Board of Directors of the Corporation determines that such Shareholder has not provided evidence reasonably satisfactory that such Shareholder is experiencing “significant financial hardship”, then such Shareholder or his personal representative and the Corporation may then each appoint a financial specialist to review the decision of the Board of Directors of the Corporation, and if no agreement is reached as a result of such review, then a third financial specialist shall be selected by both parties who shall review the decision of the Board of Directors of the Corporation. After the review by the third financial specialist, such third
Significant financial hardship means either that the
Significant financial hardship means that a consumer intervenor has incurred or will incur eligible costs as defined in this Section and will be either unable or not reasonably able, without an award of intervenor compensation, to participate in a Commission proceeding by offering lay or expert testimony or legal briefing and argument concerning the expenses, investments, rate design, rate impact, or other matters affecting the pricing, rates, costs, or other charges associated with utility service.
Significant financial hardship means either that the customer cannot afford, without undue hardship, to pay the
Significant financial hardship means, in the case of a group or organization, the economic interest of the individual members of the group or organization is small in comparison to the costs of effective participation in the proceeding. The Commission has held that organizations with individual members who have annual utility bills of less than $50,000 possess economic interests that are small in comparison to the costs required to participate in the proceeding. (D.95-02-093, at 4). According to the Commission, an “individual member” means individual members, not the collective membership. The Centre for Community Energy meets this test for significant financial hardship. Although there is no survey of the electricity bills of its membership, it can be stated with confidence that the average annual residential utility bill does not exceed $50,000. Because the Center for Community Energy represents individual ratepayers, the economic interests of its membership are small compared to cost of participation in this proceeding.
Significant financial hardship means either that the customer cannot
Significant financial hardship means that a consumer intervenor has incurred or