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 or “Base Year” shall mean the 12-month period consistent with the term “Operating Experience” as defined in sub-section (b)(8) of Rule R1-17.
Examples of Test year in a sentence
Test year costs of service will be allocated to groups of customers with similar service requirements.
Test year costs of service or revenue requirements to be met from domestic water and wastewater service rates will be first allocated to functional cost components to provide a basis for subsequent allocations to customer classes, which will recognize estimates of each class’s service requirements.
More Definitions of Test year
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.
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 means July 1, 2016 through June 30, 2017.
Test year means the first year of tariff control period in multiyear tariff regime.
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 gas utility are available. (V.A.C.S. Art. 1446e, Secs. 1.03(1), (3), (4), (6), (7), (8) (part), (9), (10), (11), (12), (13), (14), (15), (16), (17).)
Test year means a twelve-month period that is examined to determine a utility's costs of service in a rate case.
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.