Cost of Service definition

Cost of Service means the dollar value equivalent for the direct and indirect costs of providing a program or service as calculated by the Senior Administrative Officer;

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Cost of Service means an electric utility rate for a class of consumer which is designed, to the maximum extent practicable, to reflect the cost to the utility in providing electric service to such class;

Cost of Service means an approach used to determine customer rates based on the revenue required by a utility to fully recover design and development costs, operation and maintenance costs, depreciation, debt service costs, a return on equity for capital costs, and all fees and Taxes, all as approved from time to time by the BCUC.

Examples of Cost of Service in a sentence

• A discounted Cost of Service Model (Model) will be used to calculate the Net Present Value (NPV) Revenue Deficiency anticipated from a Project.

• Otherwise, the fuel rider portion of the RSP Adjustment will be set to zero upon implementation of the new Test Year Cost of Service rates, until the time for the next fuel price projection.

• Now, therefore, we hereby affirm that we are guarantors and responsible to you, on behalf of the supplier, up to a total of <<Cost of Service>> in (words) and we undertake to pay you, upon your first written demand declaring the supplier to be in default under the agreement and without cavil or argument, any sum or sums within the limits of <<Cost of Service>> (in Words) as aforesaid, without your needing to prove or to show grounds or reasons for your demand or the sum specified therein.

• Production Energy Allocation utilized in Allocated Cost of Service Study in last electric base rate case.

• Production Demand Allocation utilized in Allocated Cost of Service Study in last electric base rate case.

More Definitions of Cost of Service

Cost of Service means the method of setting the total cost of natural gas is based on the cost of providing distribution services to our customers.

Cost of Service means the total costs to be used in determining any rate or any rate adjustment pursuant to the ToC, which costs shall be determined by FortisBC Energy acting reasonably, including:

Cost of Service means the total annual cost of rendering the utility service expressed in monetary value including a return on invested capital and operational and administrative costs and expenses.

Cost of Service means the fee charged by the City to the Township for Contracted Services.

Cost of Service means the actual costs of providing a service. The following are calculated according to the Minister’s directions:

Cost of Service. Core: Premium: Arbitration Procedure: Service Specification for: Education Finance Team Service Area: Planning and Strategy

Cost of Service means the total annual cost of rendering the utility service expressed in monetary value, including a rate of return on invested capital.