Examples of Annual Revenue in a sentence
The Estimated Base Annual Revenue for gas and electric is the distribution “Base Energy Rate” for the applicable PG&E gas or electric rate schedule, plus any customer, meter, and demand charges.
At PG&E's option, the Unsupported Capital Contribution amount will be reviewed annually and adjusted if necessary for any difference between the actual Incremental Base Annual Revenue and the previously estimated actual Incremental Base Annual Revenue, derived over the previous 12 billing months.
Concurrently with the execution of this Agreement, Transferor agrees to transfer to PG&E the Facilities described herein, along with any associated capital costs, applicable taxes, and cost-of-ownership for that portion of the Facilities not supported by Incremental Base Annual Revenue derived from existing permanent loads served directly from the Facilities.
As shown on Exhibit C.2., the Supported Capital Cost is the maximum capital investment amount by PG&E that is supported by the Estimated Incremental Base Annual Revenue to be derived by PG&E from the delivery of Energy supplied from the Facilities to the Customers.
The Supported Capital Cost is calculated by dividing the Estimated Incremental Base Annual Revenue by the Cost-of-Service Factor as defined in PG&E’s Gas and Electric Rule 15 -- Definitions for Rule 15.