Bondable stranded costs definition

Bondable stranded costs means any stranded costs or basic
Sample 1Sample 2Sample 3
Bondable stranded costs means those bondable stranded costs, within the meaning specified in the Competition Act, approved for recovery in the Financing Order.
Sample 1Sample 2Sample 3
Bondable stranded costs means any stranded costs or basic generation service transition costs of an electric public utility approved by the board for recovery pursuant to the provisions of P.L.1999, c.23 (C.48:3-49 et al.), together with, as approved by the board: (1) the cost of retiring existing debt or equity capital of the electric public utility, including accrued interest, premium and other fees, costs, and charges relating thereto, with the proceeds of the financing of bondable transition property; (2) if requested by an electric public utility in its application for a bondable stranded costs rate order, federal, State and local tax liabilities associated with stranded costs recovery, basic generation service transition cost recovery, or the transfer or financing of the property, or both, including taxes, whose recovery period is modified by the effect of a stranded costs recovery order, a bondable stranded costs rate order, or both; and (3) the costs incurred to issue, service or refinance transition bonds, including interest, acquisition or redemption premium, and other financing costs, whether paid upon issuance or over the life of the transition bonds, including, but not limited to, credit enhancements, service charges, overcollateralization, interest rate cap, swap or collar, yield maintenance, maturity guarantee or other hedging agreements, equity investments, operating costs, and other related fees, costs, and charges, or to assign, sell, or otherwise transfer bondable transition property.
Sample 1Sample 2Sample 3

Examples of Bondable stranded costs in a sentence

  • The Act, among other things, authorizes electric public utilities to securitize their Bondable Stranded Costs through the issuance of Transition Bonds in order to facilitate the provision of savings to ratepayers.

  • The Company states that these costs should be included as Bondable Stranded Costs to be recovered through the TBC in accordance with Section 14 of the Act, and the right to recover these costs as Bondable Stranded Costs will constitute a portion of the Bondable Transition Property.

  • Each such adjustment shall be formula-based, shall be in the amount required to ensure the timely receipt of revenues sufficient to provide for the full and timely recovery of Bondable Stranded Costs, including, without limitation, the timely payment of principal of, and interest and acquisition or redemption premium on, the Transition Bonds issued to finance such Bondable Stranded Costs.

  • Upon retirement of all outstanding Transition Bonds and payment of any related Ongoing Transition Bond Costs and other Bondable Stranded Costs, any remaining amounts held by the Transition Bond Trustee will be released to the SPE.

  • The Decommissioning Closing Contribution and the Outage Funding are properly deemed Bondable Stranded Costs under the Electric Discount and Energy Competition Act, N.J.S.A. 48:3-62 et seq.

  • Rigby, President Atlantic City Electric Company ACE Bondable Stranded Costs Rate Order 35 BPU Docket No. EF01060394 INDEX 1.

  • The Company has requested that TBC True-ups go into effect at least annually, and that the Board confirm that the TBC True-Up will become effective or final, as the case may be, absent a finding by the Board of manifest error (for purposes of this ACE Bondable Stranded Costs Rate Order 12 BPU Docket No. EF01060394 Financing Order, "manifest error" is an arithmetic error evident on the face of such filing) in the application of the adjustment methodology approved herein.

  • The issuance of the Transition Bonds is authorized by the Bondable Stranded Costs Rate Order, Docket No. EF03070532 (the "Financing Order"), issued by the BPU on July 12, 2005.

  • As required by the Act, the Company shall continue to pursue all reasonable ACE Bondable Stranded Costs Rate Order 19 BPU Docket No. EF01060394 mitigation opportunities to mitigate the total amount of its stranded and deferred costs.

  • On February 14, 2003, ACE filed a Bondable Stranded Costs Rate Order Petition with the NJBPU.


More Definitions of Bondable stranded costs

Bondable stranded costs has the meaning assigned to that term in the Competition Act and the BPU Financing Orders.
Sample 1Sample 2Sample 3

Related to Bondable stranded costs

  • Bondable stranded costs rate order means one or more

  • Stranded costs recovery order means each order issued by the

  • Stranded cost means the amount by which the net cost of an

  • Avoided costs means the incremental costs to an electric utility of electric energy or capacity or both which, but for the purchase from the qualifying facility or qualifying facilities, such utility would generate itself or purchase from another source.

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Routine patient care costs means Covered Medical Expenses which are typically provided absent a clinical trial and not otherwise excluded under the Policy. Routine patient care costs do not include:

  • Fully Loaded Cost means the direct cost of good or service plus all applicable indirect charges and overheads.

  • Excluded Expenses means an amount a claimant pays for insurance offered under a health benefit plan for a taxable year if:

  • Critical Test Concentration or "(CTC)" means the specified effluent dilution at which the Permittee is to conduct a single-concentration Aquatic Toxicity Test.

  • HIV/AIDS means human immunodeficiency virus/acquired immunodeficiency syndrome;

  • Fixed Costs means costs which do not vary with consumption or volume produced;

  • Qualified Project Costs means the costs paid with respect to the Project that meet each of the following requirements: (i) the costs are properly chargeable to capital account (or would be so chargeable with a proper election by the Owner or but for a proper election by the Owner to deduct such Costs) in accordance with general Federal income tax principles and in accordance with United States Treasury Regulations §1.103-8(a)(1), provided, however, that only such portion of interest accrued during rehabilitation or construction of the Project (in the case of rehabilitation, with respect to vacated units only) shall be eligible to be a Qualified Project Cost as bears the same ratio to all such interest as the Qualified Project Costs bear to all Project Costs; and provided further that interest accruing after the date of completion of the Project shall not be a Qualified Project Cost; and provided still further that if any portion of the Project is being constructed or rehabilitated by an Affiliate (whether as a general contractor or a subcontractor), Qualified Project Costs shall include only (A) the actual out-of-pocket Costs incurred by such Affiliate in constructing or rehabilitating the Project (or any portion thereof), (B) any reasonable fees for supervisory services actually rendered by the Affiliate, and (C) any overhead expenses incurred by the Affiliate which are directly attributable to the work performed on the Project, and shall not include, for example, intercompany profits resulting from members of an affiliated group (within the meaning of Section 1504 of the Code) participating in the rehabilitation or construction of the Project or payments received by such Affiliate due to early completion of the Project (or any portion thereof); (ii) the costs are paid with respect to a qualified residential rental project or projects within the meaning of Section 142(d) of the Code,

  • avoidable costs means those costs which would not be incurred by the Licensee if he did not supply the consumers in question, including (but with due regard to the timing thereof all relevant future outlays affected by the decision to supply; and"terms"means all the terms on which a supply of gas is provided or offered, whether as respects charges, methods of payment or otherwise.

  • An undependable Supplier/s under contract means any Supplier who do not accept the purchase order or who delays the supply of required quantities beyond the permitted delays with liquidated damages