Prudent definition

Prudent means economically and otherwise reasonable in light of the social benefits to be derived from the proposed regulated activity provided cost may be considered in deciding what is prudent and further provided a mere showing of expense will not necessarily mean an alternative is imprudent.

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Prudent means in relation to Capital Expenditure, capital and renewals projects identified, and expenditure incurred, that is:

Prudent. , ‘prudence’, or ‘prudency’ means a high standard of caution, care, and diligence in regard to any action or decision taken by the utility or one acting on its behalf including, but not limited to, its officers, board, agents, employees, contractors, subcontractors, consultants affecting the project or any other person acting on behalf of or for the utility affecting the project.

Examples of Prudent in a sentence

The Supplier shall perform its obligations under this Agreement in accordance with the Act, the Licence and any other law, regulation, or gas industry agreement with the skill and care of a Reasonable and Prudent Operator and applying Good Industry Practice.
Prudent Utility Practice includes due regard for manufacturers’ warranties and the requirements of governmental agencies of competent jurisdiction and shall apply not only to functional parts of the Project, but also to appropriate structures, landscaping, painting, signs, lighting, other facilities and public relations programs reasonably designed to promote public enjoyment, understanding and acceptance of the Project.
Upon the occurrence of abnormal operating conditions on a California Purchaser’s system, upon the request of such California Purchaser, the Operating Agent shall increase or decrease such California Purchaser’s schedule consistent with Prudent Utility Practice.
For the purpose of this Limited Warranty the standards for our performance will be (i) normal professional standards of performance within the solar photovoltaic power generation industry in the relevant market; and (ii) Prudent Electrical Practices.
At all times during the Operational Period of the Generation Station, upon the occurrence of abnormal operating conditions on Purchaser’s system, and upon the written request of Purchaser, the Operating Agent shall increase or decrease Purchaser’s schedule of energy allocation consistent with Prudent Utility Practice.

More Definitions of Prudent

Prudent means reasonable, after taking into consideration cost, in light of the social and environmental benefits.]

Prudent means that the requirement can be met using reasonably available means or technology, that complying with the requirement is not likely to create significant impairment of the productivity of the land and water, and that the cost of achieving the requirement is not out of proportion to the benefits that can reasonably be expected to be achieved in the particular situation. (§14 ch 34 SLA 1990; am § 1-2 ch 3 SLA 1999; am §2 ch 123 SLA 2003; §2 ch 65 SLA 2006); am EO 114 § 27 (2008))

Prudent means careful, wise, cautious, or acting on forethought to avoid danger or harm.

Prudent means that at the time of certification, initiation of construction and each subsequent evaluation of any construction project until the time of completion, based on the evidence introduced in any hearings and all information which was known or should have been known at the time, and relevant planning and certification criteria, it was prudent and reasonable to conclude that the generating or production facility would be used and useful in providing service to customers at the time of completion.

Prudent or ‘prudence’ means and requires a high standard of care in making decisions and taking actions in order to protect the public interest.

Prudent means in relation to Capital Expenditure, capital and renewals projects identified, and expenditure incurred, having regard to the meaning of Capital Expenditure.

Prudent means cautious, careful and sensible. To the extent that an average, ordinary person would be cautious under a certain set of circumstances, a person acting in his role as director of a nonprofit organization is expected to confirm to that standard of care.