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.

Related to SCE RECC

  • Resource recovery means the recovery of material or energy from solid waste.

  • Resource recovery facility means a solid waste facility

  • Management Services Agreement has the meaning set forth in Section 2.1(d).

  • O&M Contractor means the person, if any, with whom the Concessionaire has entered into an O&M Contract for discharging O&M obligations for and on behalf of the Concessionaire;

  • Master Services Agreement means that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield ▇▇ ▇▇▇▇ L.P. dated as of the date hereof.