Common use of Return on Equity Clause in Contracts

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%).

Appears in 3 contracts

Samples: Guaranty Agreement (Public Service Co of New Hampshire), Guaranty Agreement, Guaranty Agreement (Public Service Co of New Hampshire)

AutoNDA by SimpleDocs

Return on Equity. (a) The return on equity ("β€œXXX"”) 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%).

Appears in 1 contract

Samples: Guaranty Agreement (Nstar/Ma)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.