income offset definition
income offset means the reduction that we apply to infrastructure charges to reflect the income that we
income offset means a sum of money offset against the charges that would otherwise be applied for the provision of a Sewer or Water Main in recognition of revenue likely to be received by the relevant undertaker in future years for the provision of:
income offset means the reduction that we apply to infrastructure charges to reflect the income that we will recover from new connections to our network over time;
More Definitions of income offset
income offset means a sum of money offset against Infrastructure Charges in recognition of revenue likely to be received by the relevant undertaker in future years for the provision of:
income offset means a sum of money offset against the charges applied for connecting a Development to the water or sewerage network in order to take into account income likely to be generated as a result of the establishment and operation of this connection or these connections and “Income Offsetting” shall be construed accordingly.
income offset means a sum of money, that may be offered by the undertaker only under or in connection with any agreement entered into before 1 April 2025, against the Infrastructure Charges, in recognition of revenue likely to be received by the relevant undertaker in future years for the provision of:
income offset means a sum of money that would have been determined by SEW in accordance with the provisions of its Charging Arrangements in relation to a new water main (being substantially the same as the On- Site Main and with the same number and type of connected premises as those to be connected to the On-Site Main with the same water consumption and with the same start of occupation), in recognition of revenue likely to be received by SEW in future years for the provision of supplies of water to premises connected to the new water main as if that water main had been laid by SEW (rather than being laid by NAV), for the purpose of offsetting that sum against the costs to SEW (including financing costs) of providing the new water main in calculating the relevant charge that SEW would have recovered (and being equivalent to the asset payment that would be paid to a self-lay provider under a self-lay agreement).