Examples of Refund Period in a sentence
Option 6 - Life Income with Refund Period - We will pay equal monthly payments during the life of the option annuitant.
A decision from FERC for the Second Refund Period is expected in 2017.
Additionally, the rates established by the September 2016 order will be used prospectively from the date of the order until a new approved rate is established for the Second Refund Period.
In September 2016 FERC issued an order affirming the presiding ALJ’s initial decision for the Initial Refund Period and setting the base ROE for the Initial Refund Period at 10.32%, with a maximum ROE of 11.35%.
In June 2016 the presiding ALJ issued an initial decision for the Second Refund Period, which recommended a base ROE of 9.70%, with a maximum ROE of 10.68%, which is a recommendation to FERC.