Examples of Transition charge in a sentence
Transition charge" means a nonbypassable rate or charge to be imposed on a customer to pay the customer's share of transition costs.
Public purpose program charge, Nuclear Decommissioning charge, Competition Transition charge, New System Generation charge, and the Department of Water Resources bond charge constitute the non-bypassable costs.
Mr. Gerwatowski explained that the Company proposes to allocate the $16.5 million in the following manner: $8.5 million to all ratepayers through the Transition charge in 2006 and an additional $2 million to A-60 rate class through a uniform per kWh distribution credit on the first 450 kWh of usage in 2006.
The Transition charge was approved by a vote of 3-0 after the Commission voted in Docket No. 3710 by a vote of 2-1, with Commissioner Holbrook dissenting, to approve the return of $8.5 million to all customers through the Transition Charge with an additional $2 million returned to A-60 customers through an additional per kWh credit.50 The decision regarding disposition of the remaining $6 million was deferred pending further action by the Commission.
FINANCIAL STATEMENTS CENTERPOINT ENERGY TRANSITION BOND COMPANY II, LLC STATEMENTS OF INCOME AND CHANGES IN MEMBER'S EQUITY (SEE NOTE 1) (UNAUDITED) THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, 2006 JUNE 30, 2006 REVENUES: (IN THOUSANDS) Transition charge revenue ....................................