Rate Design definition

Rate Design. A Brief Discussion of Wholesale and Retail Rate Design” (TVA whitepaper) and TVA public filings (Delivering the Vision, September 2011).
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Rate Design means the design of the transmission rates (i) to recover the embedded costs of Transmission Facilities and associated revenue requirements, and (ii) to conform to the Going-Forward Principles and Procedures accepted by FERC on March 19, 2004 in Midwest Independent Transmission System Operator, Inc., et al., 106 FERC 61,260 (2004); but does not include recovery of congestion costs.
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Rate Design means the mix of end user rates, high-cost support, and other revenue sources that are targeted to provide a
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Examples of Rate Design in a sentence

  • ISSUE: San Gabriel proposed to adjust the Conservation Rate Design adopted in D.▇▇-▇▇-▇▇▇ by reducing the proportion of revenues recovered through volumetric rates from 72.03% to the 70% standard consistent with the Best Management Practices established by the California Urban Water Conservation Council.

  • DRA and San Gabriel also agree that the rate design should be and is revenue neutral, and that San ▇▇▇▇▇▇▇ will provide procedural documentation for implementing the 9-step Conservation Rate Design process prior to and at the technical conference in this GRC.

  • Disbursement Agreement The Rate Design and Funds Disbursement Agreement among the PTOs, as amended and restated from time to time.

  • PJM Regional Rate Design shall mean a Rate Design that applies, in accordance with its terms, to all PJM Zones in the PJM Region.

  • CW-01 (General Report) at a6-3a; Exh CW-04 (M.Cubed Reports) at 10 Section 3 (Rate Design Analytics Report); Exh.

  • The Rate Design and Funds Disbursement Agreement among the PTOs, as amended and restated from time to time.

  • Rate Design shall mean the design of the rates to recover a Transmission Owner’s revenue requirement with respect to its Transmission Facilities or other amounts as authorized by FERC, including without limitation applicable incentives and a reasonable return.

  • On May 14, 2019, the Parties entered into an agreement entitled "CITY OF ▇▇▇▇▇▇ AGREEMENT FOR PROFESSIONAL SERVICES WITH FCS GROUP" for the purpose of providing professional services consisting of Water Rate Design Study (collectively, the "Original Agreement").

  • This proceeding began on November 25, 2014, when PG&E filed Application (A.) 14- 11-014, Application of Pacific Gas & Electric Company for Approval of its 2015 Rate Design Window Proposals (Application).

  • Notwithstanding the provisions of this Section 5.1, Dominion Virginia Power may propose to the FERC that the existing Rate Design is just and reasonable and should remain in effect beyond the date that it would otherwise terminate, provided such proposal conforms with the Going-Forward Principles and Procedures accepted by FERC on March 19, 2004 in Midwest Independent Transmission System Operator, Inc., et al., 106 FERC 61,204 (2004).


More Definitions of Rate Design

Rate Design. By regulation, retail electric rates in Nevada must be set using a marginal cost methodology applied by customer class. As a result, changes in sales mix (e.g., consumption by customer class) can result in increases or decreases in revenues, irrespective of changes in total consumption.
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Rate Design means the means by which class revenue requirements are collected within each customer class in order to recover costs for the delivery of service and to promote efficient use of electricity services, including considerations for effective conservation and management of peak loads.
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Rate Design means the mix of end user rates, high-cost
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Related to Rate Design

  • Rate Card means a document containing prices and descriptions for various advertisement placement options available from a service sector, which sets out the minimum and maximum price of a service.

  • Rate Determination Notice has the meaning specified in Section 3.07(g).

  • Interest Rates The interest rates per annum (calculated on a 360-day basis) applicable to the Pinnacle Credit Facilities will be, at the option of the Borrower as set forth below at either LIBOR or the Base Rate plus the Applicable Margin set forth in the Fee Letter. The Borrower may select interest periods of one, two, three or six months (and, if agreed to by all relevant Pinnacle Credit Agreement Lenders for the Pinnacle Revolving Credit Facility or the Pinnacle Term Loan Facility, as applicable, nine or twelve months or such other period) for LIBOR advances. Interest shall be payable at the end of the selected interest period, but no less frequently than quarterly.

  • Reset Reference Bank Rate means the percentage rate determined on the basis of the Mid-Swap Quotations provided by the Reset Reference Banks to the Calculation Agent at or around 11:00 a.m. in the principal financial centre of the Specified Currency on the relevant Reset Determination Date and, rounded, if necessary, to the nearest 0.001% (0.0005% being rounded upwards). If at least four quotations are provided, the Reset Reference Bank Rate will be the rounded arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two or three quotations are provided, the Reset Reference Bank Rate will be the rounded arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Bank Rate will be the rounded quotation provided. If no quotations are provided, the Reset Reference Bank Rate will be (i) in the case of each Reset Period other than the Reset Period commencing on the First Reset Date, the Reset Reference Bank Rate in respect of the immediately preceding Reset Period or, (ii) in the case of the Reset Period commencing the First Reset Date, an amount equal to the Initial Rate of Interest less the Margin;

  • Rate Period or "n(t-1,t)" means, in respect of a Relevant Business Day, (i) the number of calendar days from (and including) the Relevant Business Day immediately preceding such Relevant Business Day to (but excluding) such Relevant Business Day, divided by (ii) 360;