Stranded Costs definition

Stranded Costs means all costs incurred by NCPA in providing Services to Contracting Members under this Agreement that could not reasonably be avoided by NCPA from the date it receives a written Notice of Termination. Such costs may include, but not be limited to, salary and employment costs, rent, utilities, or contracts incurred to provide Services under this Agreement. In this regard, Contracting Members acknowledge that NCPA will be entering into professional services agreements with third persons under the terms of this Agreement, and that sums owing to such third persons may become Stranded Costs upon termination of this Agreement.

Stranded Costs means costs, liabilities, and investments, such as uneconomic assets, that electric utilities would reasonably expect to recover if the existing regulatory structure with retail rates for the bundled provision of electric service continued and that will not be recovered as a result of restructured industry regulation that allows retail choice of electricity suppliers, unless a specific mechanism for such cost recovery is provided. Stranded costs may only include costs of:

Stranded Costs means that portion of generation assets, generation-related regulatory assets or long-term contract costs determined by the authority in accordance with the provisions of subsections (e), (f), (g) and (h) of this section;

Examples of Stranded Costs in a sentence

• Any such claim for Stranded Costs by AEP shall be net of the presentvalue of any incremental transmission revenue that AEP will receive by providing transmission or local delivery service to other customers using the transmission or local delivery capacity freed up by the Customer's load change.

• FOR FURTHER INFORMATION CONTACT:Mark Hegerle (Technical Information), Office of Markets, Tariffs & Rates— Central, Federal Energy Regulatory1 Promoting Wholesale Competition Through Open Access Non-discriminatory Transmission Services by Public Utilities; Recovery of Stranded Costs by Public Utilities and Transmitting Utilities, Order No. 888, 61 FR 21,540 (May 10, 1996), FERCStats.

• To 11 18 CFR 382.201; see Annual Charges Under the Omnibus Budget Reconciliation Act of 1986 (Phibro Inc.), 81 FERC ¶ 61,308 at 62,424–25 (1997).12 18 CFR 382.201(b)(4).13 See Texas Utilities, 45 FERC at 61,026.14 See Promoting Wholesale Competition Through Open Access Non-discriminatory Transmission Services by Public Utilities and Recovery of Stranded Costs by Public Utilities and Transmitting Utilities, 61 FR 21540 (May 10, 1996), FERC Stats.& Regs.

• Massachusetts Electric Utility Stranded Costs: Potential Magnitude, Public Policy Options, and Impacts on the Massachusetts Economy.

• Stranded Costs: The definition of stranded costs for a utility business is the investment in and carrying costs on property, plant and equipment and other regulatory assets which exceed the amount that can be recovered in a competitive market.

More Definitions of Stranded Costs

Stranded Costs shall have the meaning set forth in Section 4.1(b).

Stranded Costs shall have the meaning set forth in the Agreement.

Stranded Costs means, with respect to any particular Service, the amounts identified as “Stranded Costs” for early termination, if any, in Annex I or Annex II, as applicable. Other Defined Term References Defined Term Section Action Separation Agreement Additional Services Section 1.2(a) Affiliate Separation Agreement Agreement Preamble Ancillary Agreements Separation Agreement Asset Transfer Agreement Recitals Change Section 1.2(b) Change Request Section 1.2(b) Consents Section 1.1(d) Contract Separation Agreement Cutover Section 1.1(e) Cutover Plan Section 1.1(e) Distribution Separation Agreement Early Termination Notice Section 3.3 Effective Date Preamble Expenses Section 2.1 Fees Section 2.1 Force Majeure Event Section 7.1 Law Separation Agreement Liabilities Separation Agreement Party(ies) Preamble Payee Section 2.3 Payor Section 2.3 Person Separation Agreement Project Managers Section 1.1(f) Separation Recitals Separation Agreement Recitals Service Modification Section 1.2(a) Service Standards Section 1.3(a) Service Managers Section 1.1(f) Service Taxes Section 2.3 Service Term Section 3.2 Services Section 1.1(a) Subsidiary Separation Agreement Tax Matters Agreement Separation Agreement TEN Preamble TEN Business Separation Agreement Term Section 3.1 Termination Services Section 3.5(a) TFMC Preamble TFMC Business Separation Agreement ANNEX IV Costing Methodology

Stranded Costs means lost revenues of the Borrower arising from prudently incurred, verifiable and non-mitigable electric generation-related costs that become unrecoverable due to restructuring and retail competition.

Stranded Costs means [*].

Stranded Costs means the net present value of the difference between:

Stranded Costs has the meaning given in Clause 2.7(a) (Stranded Costs);