Electric Revenues definition

Electric Revenues means all revenues (as defined in Section 54315 of the Government Code, which include all charges received for and all other income and receipts derived by Burbank Water and Power from the operation of the Electric System or arising from the Electric System) received by Burbank Water and Power from the services, facilities, energy and distribution of electric energy by Burbank Water and Power, including income from investments, but excepting therefrom (a) all reimbursement charges and deposits to secure service, (b) any charges collected by any person to amortize, or otherwise relating to the payment of, the uneconomic portion of costs associated with assets and obligations (“stranded costs”) of the Electric System or of any joint powers agency in which the City participates which the City has dedicated to the payment of obligations other than the Bonds or any Parity Debt then outstanding, the payments of which obligations will be applied to or pledged to or otherwise set aside for the reduction or retirement of outstanding obligations of the City or any joint powers agency in which the City participates relating to such “stranded costs” of the City or of any such joint powers agency to the extent such “stranded costs” are attributable to, or the responsibility of, the City, and (c) any Federal Subsidy (as hereinafter defined), if elected by the City; provided, that such subsidy is not excluded from the definition of Debt Service under the Indenture. See “– Rate Covenant” below.
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Examples of Electric Revenues in a sentence

  • Revenue Credits" are those revenues, if any, that are (i) properly recorded in Account 451 (Miscellaneous Service Revenues), Account 453 (Sales of Water and Water Power), Account 454 (Rent From Electric Property), Account 455 (Interdepartmental Sales), and Account 456 (Other Electric Revenues), and (ii) directly related to, or reasonably allocable to, the Subject Resource.

  • One vote for each $15,000,000 of its Electric Revenues over $90,000,000 and up to $180,000,000; and iii.

  • One vote for each $30,000,000 of its Electric Revenues over $180,000,000.

  • One vote for each $7,500,000 or fraction thereof of its Electric Revenues up to $90,000,000; ii.

  • Revenue from Transmission Related Service is recorded in FERC Accounts 454 – Rent from Electric Property, 456 - Other Electric Revenues, and 456.1 – Revenues From Transmission of Electricity of Others.

  • Two Representatives shall be Representatives or alternate Representatives of Members that are in the lowermost one-fifth of the End-Use Load Members when ranked by Electric Revenues, and shall be elected by such Members on the basis of one vote per Member, such seats on the Executive Committee being designated the "Small-Member Seats"; iv.