Return on Equity. (a) The return on equity ("XXX") used in the Formula Rate to accrue AFUDC prior to the Commercial Operation Date and to calculate the weighted cost of capital for the Carrying Charges on the regulatory asset established pursuant to Section 8.1.2(e)(iii) shall be twelve and fifty-six one-hundredth percent (12.56%).
Return on Equity. Income from operations after taxes, divided by average equity, on a consolidated basis shall not be less than twelve percent (12%).
Return on Equity. Return on Equity" shall mean six months GAAP net income plus (minus) certain Non Cash Items divided by average Tangible Net Worth, annualized.
Return on Equity. The Borrower shall not permit its Return on Equity to be less than eight percent (8.0%), calculated at the end of each fiscal quarter.
Return on Equity. The annual return on equity (“XXX”) for Alberta Clipper Canada will be equal to the NEB multi-pipeline rate plus a 225 basis point adjustment. If the NEB ceases to publish a multi-pipeline rate during the Term, the Parties will meet to agree on a new benchmark to which will be applied the 225 basis point adjustment (or such other basis point adjustment as shall result in an XXX that is reasonably equivalent to the NEB multi-pipeline rate plus 225 basis points). If such agreement is not forthcoming within 90 days, then the amount of the XXX shall be subject to the dispute resolution provisions set forth in Paragraph 15 hereof.
Return on Equity. The Parties stipulate a return on equity of 9.725% for the Utilities’ electric operations, and the stipulated revenue requirement increases provided above for the Utilities’ electric operations reflect that return on equity as applied to the Utilities’ capitalizations and capital structures underlying their originally proposed electric revenue requirement increases. Use of a 9.725% return on equity reduces the Utilities’ proposed electric revenue requirement increases as set forth in their applications by $20.14 million for KU and $12.71 million for LG&E.
Return on Equity. The Parties stipulate to a return on equity of 9.725% for LG&E’s gas operations, and the stipulated revenue requirement increase for LG&E’s gas operations reflects that return on equity as applied to LG&E’s gas capitalization and capital structure underlying its originally proposed gas revenue requirement increase. Use of a 9.725% return on equity reduces LG&E’s proposed gas revenue requirement increase as set forth in its Application by $3.87 million.
Return on Equity. For purposes of calculating the revenue requirements, the Signatories agree to a return on equity (XXX) of 9.75%.
Return on Equity. The simple average of the then-current returns on equity in the transmission formula rates on file at FERC for all Affiliates of the then-current owners of Grid Assurance that have transmission formula rates on file at FERC. Such returns on equity shall include any FERC-approved adjustments (e.g., adders for participation in a regional transmission organization) other than any such adjustments awarded for specific transmission projects. The Return on Equity shall be calculated and updated on an annual basis.
Return on Equity. (1) Return on equity shall be computed on the equity base determined in accordance with Regulation 24. Provided that, Return on Equity shall be allowed on amount of allowed equity capital for the assets put to use at the commencement of each financial year.
