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;

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

• The Cost of Service fee will either be covered in full by new General Fund revenues that directly result from the project or by a direct payment of any deficiency by the Company.

• Under no circumstances will the aggregate of Enterprise Zone Application fees, fees for the City’s Cost of Service and Community Contributions paid by Company exceed the property tax savings resulting from the property tax abatement granted to the Company’s Enterprise Zone project.

• I am also a co- instructor of AWWA’s Financial Management Cost of Service seminar and am leading the update to the AWWA Rates Manual of Practice – Principles of Rates, Fees, and Charges .

• Cost of Service Raftelis will start with industry-accepted cost-of-service principles and customize our analysis to account for the specific requirements of this study.

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

Cost of Service. Core: Premium: £1,798 £2,875 Contacts : In the event that the contractor fails in the Clients opinion to perform in accordance with the terms of this Agreement the Client shall detail the failure in writing to the Contractor. The contractor will use every endeavour to remedy the breach, but if the breach is not remedied, or not accepted by the contractor as a breach, then the dispute shall be referred to a mutually agreed arbitrator to determine whether the failure exists, and to recommend such remedial action as is appropriate. This Agreement may be varied at any time by the mutual agreement of both parties. It must be stipulated that this is a support service, the information will be presented as the Head teachers report and the information contained in the conclusion and recommendations as being those of the Head teacher. Arbitration Procedure: Service Specification for: Education Finance Team Service Area: Planning and Strategy Service Function: The Service aims to provide sound financial support for Head teachers and Governing bodies to assist with the meeting of their national and local financial responsibilities. The service will provide the Head teacher with financial statements for both current financial year and further 2 years projections Performance Targets : Provide schools with a Premium service that result in 100% buyback into the Service Level Agreement. Aim to provide schools with a service that they buy back into the Premium option reaches 70%.

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

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