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Test year definition

Test year means the most recent 12 months, beginning on the first day of a calendar or fiscal year quarter, for which operating data for a public utility are available.
Test year means the most recent 12-month
Test year means the one-year historical period used in determining rate base, operating income, and rate of return, which shall have an ending date within nine months before the filing date for a rate application under this Section and shall include at least six months during which a cooperative’s current rates and charges were in effect.

Examples of Test year in a sentence

  • We adopt, subject to the continued usage of the one-way balancing account, SDG&E’s full request of $23.715 million for vegetation management in Test year 2004.

  • Test year gascollateral postings have been averaged over the 12-month test year from January through December 2008, and an interest rate is then applied to the average to be consistent with the method adopted by the Commission in Docket Nos.

  • Test year depreciation expense was not recorded in the general ledger, but was reflected in the 2016 Annual Report.

  • Test year revenues will be based on the test year forecasted sales and customer estimates.

  • Test year gas collateral postings have been averaged over the 12-month test year from January through December 2008, and an interest rate is then applied to the average to be consistent with the method adopted by the Commission in Docket Nos.


More Definitions of Test year

Test year means a period of measurement for a recent, consecutive twelve-month period consisting of a full year of operations where data is readily available;
Test year or “Base Year” shall mean the 12-month period consistent with the termOperating Experience” as defined in sub-section (b)(8) of Rule R1-17.
Test year means the first year of tariff control period in multiyear tariff regime.
Test year means July 1, 2016 through June 30, 2017.
Test year means the test year period used by the Company in its last rate case as defined in 83 Ill. Adm. Code Sec. 287.20.
Test year means the most recent 12 month period for which audited financial accounts are available.
Test year means the Company's Fiscal Year, commencing with the Company's Fiscal Year ended July 31, 1998, in which the Company has recorded its highest Pretax Income of any such Fiscal Years.