DRC Charge definition

DRC Charge means the charges for fixed recovery amounts authorized to be billed to Consumers in respect of Recovery Property pursuant to the Financing Order and the Issuance Advice Letter, as calculated pursuant to the Issuance Advice Letter and each true-up mechanism advice letter relating to the DRC Charge filed with the CPUC pursuant to the Financing Order.
View Source

Examples of DRC Charge in a sentence

  • The Statute provides for the exemption of certain Consumers or categories of Consumers from the DRC Charge.

  • To the best knowledge of the Seller, after reasonable investigation, no existing laws would exempt Consumers from the payment of the DRC Charge in a manner that would materially and adversely affect the Recovery Property or the holders of Bonds.

  • The DRC charges shall be adjusted from time to time, at least annually, via the DRC Charge True-Up Mechanism in accordance with D.0▇-▇▇-▇▇▇.

  • In Decision ▇▇-▇▇-▇▇▇, dated July 21, 2005, the CPUC found that the Bay Area Rapid Transit District (“BART”) is exempt from the DRC Charge on all federal preference power and local publicly owned utility power purchased by and delivered to BART under Section 701.8. of the PU Code.

  • SUBSCRIPTION FEES The Subscription Fees shall be based upon the number of User Subscriptions multiplied by the individual User Subscription Fees plus VAT as set out in the accompanying communication to these Terms (website, letter, email or the like) per month.

  • If Consumers are billed by entities other than the Servicer or an ESP, the Servicer shall request these other entities to b▇▇▇ those Consumers for the DRC Charge and to remit the DRC Charge revenues to the Servicer on behalf of those Consumers.

  • The CPUC found that nothing in its decision reduces or impairs the value of Recovery Property or has any effect on the DRC Charge, other customers or the Issuer.