Rate Reduction Bonds has the meaning set forth in section 840(e) of the Public Utilities Code.

Rate Reduction Bonds means bonds, notes, certificates of participation or beneficial interest, or other evidences of indebtedness or ownership, issued pursuant to an executed indenture or other agreement of a financing entity, in accordance with this section and sections 16-245f to 16-245k, inclusive, as amended by this act, the proceeds of which are used, directly or indirectly, to provide, recover, finance, or refinance stranded costs or economic recovery transfer, or to sustain funding of conservation and load management and renewable energy investment programs by substituting for disbursements to the General Fund from the Energy Conservation and Load Management Fund established by section 16-245m and from the Clean Energy Fund established by section 16-245n, and which, directly or indirectly, are secured by, evidence ownership interests in, or are payable from, transition property;

Rate Reduction Bonds. (“RRB”) means bonds, notes, certificates of 1005 participation or beneficial interest, or other evidences of indebtedness or 1006 ownership, issued pursuant to an executed indenture or other agreement of a 1007 financing entity, in accordance with this chapter, 1999, 289:3, I and II, 1008 [and] or RSA 369-A, the proceeds of which are used, directly or indirectly, to 1009 provide, recover, finance, or refinance RRB costs, and which, directly or 1010 indirectly, are secured by, evidence ownership interests in, or are payable from, 1011 RRB property. 1012 3 New Subparagraph; Electric Rate Reduction Financing and Commission 1013 Action; Definitions; RRB Costs. Amend RSA 369-B:2, XIV by inserting after 1014 subparagraph (f) the following new subparagraph: 1015 (g) Expenditures incurred to implement the 2015 settlement proposal or other 1016 divestiture of all or some of PSNH’s generation assets as ordered by the 1017 commission.

Examples of Rate Reduction Bonds in a sentence

The Commission shall promptly adjust PG&E’s rates consistent with AB 57/SB 1976 and the Commission-DWR Rate Agreement to ensure that PG&E’s collection of the following is not impaired: (1) Fixed Transition Amount to service existing Rate Reduction Bonds; (2) Regulatory Asset amortization and return; and (3) base revenue requirements ( e.g., electric and gas distribution, URG, gas commodity procurement, existing QF contract costs and associated return).
Report of Rate Reduction Bonds sold, the interest rates on the Rate Reduction Bonds, whether the Rate Reduction Bond sales were pursuant to public bid or were negotiated, and any rating given the Rate Reduction Bonds by a nationally recognized securities rating organization.
With the exception of Section 8137, these regulations shall expire upon the termination of the authority to issue Rate Reduction Bonds under Section 6588.7 of the Government Code.
The credit ratings assigned to such Rate Reduction Bonds by nationally recognized securities rating organizations.
Comparison of interest rates and transactional costs on the Rate Reduction Bonds with other comparable types of debt occurring near the same time.

More Definitions of Rate Reduction Bonds

Rate Reduction Bonds means the rate reduction bonds authorized by the Finance Order and issued under the Indenture and Series Supplement.

Rate Reduction Bonds. (“RRB”) means bonds, notes, certificates of participation or beneficial interest, or other evidences of indebtedness or ownership, issued pursuant to an executed indenture or other agreement of a financing entity, in accordance with this chapter, 1999, 289:3, I and II, [and] or RSA 369-A, the proceeds of which are used, directly or indirectly, to provide, recover, finance, or refinance RRB costs, and which, directly or indirectly, are secured by, evidence ownership interests in, or are payable from, RRB property. 3 New Subparagraph; Electric Rate Reduction Financing and Commission Action; Definitions; RRB Costs. Amend RSA 369-B:2, XIV by inserting after subparagraph (f) the following new subparagraph:

Rate Reduction Bonds means the rate reduction bonds, Series 2018-1, authorized by the Finance Order and issued under to the Indenture.

Rate Reduction Bonds means bonds, notes, certificates of participation or beneficial interest, or other evidences of indebtedness or ownership, issued pursuant to an executed indenture or other agreement of a financing entity, the proceeds of which are used to provide, recover, finance, or refinance transition costs and to acquire transition property and that are secured by or payable from transition property.

Rate Reduction Bonds means any bonds, debentures, notes, certificates of participation, certificates of beneficial interest, certificates of ownership or other evidences of Indebtedness or ownership that are issued by the Borrower, any entity formed by the Borrower or an assignee pursuant to an order of the Mississippi Public Service Commission under legislation passed by the legislature of the State of Mississippi, including, but not limited to, the Mississippi Public Utility Rate Mitigation and Reduction Act, the proceeds of which are used directly or indirectly to recover, finance or refinance generation facility costs and financing costs, and which are secured by or payable from all rights and interests of the Borrower or its Subsidiaries or successor or assignee under the applicable rate reduction bond financing order, including the right to impose, xxxx, collect and receive rate reduction bond charges, the right to obtain periodic adjustments to such charges as provided in the applicable rate reduction bond financing order and rights in any other security property included in the applicable rate reduction bond financing order.

Rate Reduction Bonds means any bonds, debentures, notes, certificate of participation, certificates of beneficial interest, certificates of ownership or other evidence of Indebtedness or ownership that are issued by Mississippi Power Company, any entity formed by Mississippi Power Company or an assignee pursuant to an order of the Mississippi Public Service Commission under legislation passed by the legislature of the State of Mississippi, including, but not limited to, the Mississippi Public Utility Rate Mitigation and Reduction Act, the proceeds of which are used directly or indirectly to recover, finance or refinance generation facility costs and financing costs, and which are secured by or payable from all rights and interests of Mississippi Power Company or its Subsidiaries or successor or assignee under the applicable rate reduction bond financing order, including the right to impose, xxxx, collect and receive rate reduction bond charges, the right to obtain periodic adjustments to such charges as provided in the applicable rate reduction bond financing order and rights in any other security property included in the applicable rate reduction bond financing order.