Examples of Periodic Billing Requirement in a sentence
PERIODIC BILLING REQUIREMENT ALLOCATION FACTORS The initial Periodic Billing Requirement Allocation Factors (“PBRAF”) for each Competition Transition Charge Class are set out below.
These Periodic Payment Requirements will be adjusted based upon the Cash Flow Model to determine the Periodic Billing Requirement, as shown in Exhibit 3.
After determining the Periodic Billing Requirement, the next step in the Company’s proposed process of calculating the Energy Transition Charges involves allocating the Periodic Billing Requirement to the Company’s various customer classes and further sub-allocating the Periodic Billing Requirement based on PNM’s rate schedules within the customer classes.
The Periodic Billing Requirement accounts for collection lag and uncollectible amounts.
No change in an initial or adjusted PBRAF shall cause the sum of all PBRAFs to be more than or less than 100% or change the total Periodic Billing Requirement for any period.