Examples of Regulatory Asset Value in a sentence
The Regulatory Asset Value (RAV) is a key building block of the price control review.
Cost of capital allowances are calculated as a percentage return on the licensee’s Regulatory Asset Value (RAV).
To mitigate the risk posed by this, all transactions with customers are governed by a contract which all customers are required by Ofgem to sign and adhere to the terms.Under the terms of the contract, the maximum unsecured credit that the Group may be required to give is 2% of the Regulatory Asset Value (‘RAV’) of the Company.
To mitigate the risk posed by this, all transactions with customers are governed by a contract which all customers are required by Ofgem to sign and adhere to the terms.Under the terms of the contract, the maximum unsecured credit that the Group may be required to give is 2% of the Regulatory Asset Value (“RAV”) of the Company.
To mitigate the risk posed by this, all transactions with customers are governed by a contract which all customers are required by Ofgem to sign and adhere to.Under the terms of the contract, the maximum unsecured credit that the Group may be required to give is 2% of the Regulatory Asset Value (RAV) of the Company.
Cost of capital allowances are calculated as a percentage return on the licensee‟s Regulatory Asset Value (RAV).
This section refers to the purpose, instructions and definitions for completion and submission of the RRP to enable Ofgem to monitor performance against allowances and to roll forward the Regulatory Asset Value (RAV).
In light of the above concerns, Ireland abstained from the vote at the October 2017 EPSCO meeting because, while it was considered that the General Approach agreed was an improvement on the original Commission proposal and would in the short-term have addressed our concerns, it fell short of our preferred outcome.
Under the current structure of the gas distribution price control, if the discount given to a beneficiary (which is funded via an addition to the Regulatory Asset Value -RAV- and hence charged to the generality of customers) is set equal to the NPV of that beneficiary’s future payments, the existing customers will be neither better off nor worse off, because the discount is limited to the beneficiary’s actual contribution to the RAV.
The GDN is then able to capitalise the discount, and recover it via additions to its Regulatory Asset Value (RAV) at the subsequent price control in the same manner that it is able to so if the GDN undertook the network extension itself.