SCE RECC definition
SCE RECC means the method used by SCE to determine marginal customer costs for each rate group in Exhibit SCE-02, dated June 20, 2014. “RECC” stands for “Real Economic Carrying Charge,” which is the percentage of a utility investment which corresponds to the first year of a stream of numbers where the net present value of revenue requirements of a utility investment is adjusted to rise at the rate of inflation over the life of the investment. It also represents the value of deferring a utility investment by a year.
SCE RECC means the method used by SCE to determine marginal customer costs for each rate group in Exhibit SCE-02 (Updated), dated October 7, 2011.
SCE RECC means the method used by SCE to determine marginal customer costs for each rate group in Exhibit SCE-02 (Updated), dated June 27, 2008.