Consumer Costs definition
Consumer Costs means the sum of: (a) depreciation cost of the Subject Assets leased by the Licensee for the Financial Year and the associated returns based on the regulated rate of return on the book value of such Subject Assets, determined in accordance with the methodology reviewed from time to time and approved by the Authority; and (b) Operating Costs. For the avoidance of doubt, costs arising from and in relation to upgrading of the Subject Assets for the purposes of and/or due to SPS’ provision of remote meter reading services for water and electricity meters owned by third parties shall not constitute Consumer Costs;
Consumer Costs means the sum of: (a) depreciation cost of the Surplus Space and Equipment leased by the Licensee for the Financial Year and the associated returns based on the regulated rate of return on the book value of such Surplus Space and Equipment, determined in accordance with the methodology reviewed from time to time and approved by the Authority; and (b) Operating Costs;