year t - 2 definition
year t - 2 means the regulatory year immediately prior to year t - 1 or, where year t is the:
year t - 2 means the regulatory year immediately prior to year t - 1 or, where year t is the: (1) first year of a regulatory control period, the penultimate regulatory year of the previous regulatory control period; and (2) second year of a regulatory control period, the last regulatory year of the previous regulatory control period.