Common use of Interest Rate Hedging Clause in Contracts

Interest Rate Hedging. In order to take advantage of the current favorable interest-rate climate, the Commission agrees that the actual reasonable cost of PG&E’s interest rate hedging activities with respect to the financing necessary for the Settlement Plan shall be reflected and recoverable in PG&E’s retail gas and electric rates without further review.

Appears in 14 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement

Interest Rate Hedging. In order to take advantage of the current favorable interest-rate climate, the Commission agrees that the actual reasonable cost of PG&E’s 's interest rate hedging activities with respect to the financing necessary for the Settlement Plan shall be reflected and recoverable in PG&E’s 's retail gas and electric rates without further review.

Appears in 5 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement