Winter Event definition
Examples of Winter Event in a sentence
Existing Post Winter Event and ▇▇▇▇▇▇ Avenue Closed Traffic Conditions with proposed improvement measures (if any).
The cost-of-service and rate design allocations of cost for Day-Ahead Pricing and Flex Pricing customers will be based on Customer Base Line (“CBL”) kWh usage during the Winter Event, in lieu of actual kWh usage during the Winter Event, as proposed by Company witness ▇▇▇▇ ▇▇▇▇.
The conclusion of a Winter Event is the approximate time when snow or ice precipitation has ceased, and no further precipitation is expected within the following 24 hours.
If a Winter Event occurs within Forty-Eight (48) hours following receipt of such notice, the termination shall not be effective until after Contractor provides the applicable services required under this Contract for that Winter Event.
The Winter Event Securitization Mechanism tariff (“WES Mechanism”), which is attached hereto as Exhibit A, implements the agreements in this Joint Stipulation and the Stipulating Parties recommend it should be approved by the Director of the Public Utility Division (“PUD”) of the Commission and become effective under the following terms of this Joint Stipulation.
To recover from customers the amounts necessary to service, repay, and administer customer backed bonds associated with the February 2021 Winter Event (“Winter Event”) issued by the Oklahoma Development Finance Authority pursuant to the February 2021 Regulated Utility Consumer Protection Act.
Any services elected by Customer in Section 2 of this Contract are contingent upon the circumstances surrounding each Winter Event and the occurrence of one of the following events (“Triggering Events”).
Contractor agrees to make all reasonable efforts to clear the Treated Areas of snow and ice within 8_ hours following the conclusion of a Winter Event.
The WES mechanism shall become effective after the closing of the customer backed bonds and shall remain in effect until the complete repayment and retirement of the customer backed bonds, or refunding bonds, associated with the Winter Event.
The WES mechanism will terminate once the complete repayment and retirement of any customer backed bonds, or refunding bonds, associated with the Winter Event occurs.