Stranded cost definition

Stranded cost means the amount by which the net cost of an
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Stranded cost means the amount by which the net cost of an electric public utility's electric generating assets or electric power purchase commitments, as determined by the board consistent with the provisions of P.L.1999, c.23 (C.48:3-49 et al.), exceeds the market value of those assets or contractual commitments in a competitive supply marketplace and the costs of buydowns or buyouts of power purchase contracts.
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Stranded cost means the positive excess of the net book value of generation assets over the market value of the assets, taking into account all of the electric utility's generation assets, any above market purchased power costs, and any deferred debit related to a utility's discontinuance of the application of Statement of Financial Accounting Standards No. 71 ("Accounting for the Effects of Certain Types of Regulation") for generation-related assets if required by the provisions of this chapter. For purposes of Section 39.262, book value shall be established as of December 31, 2001, or the date a market value is established through a market valuation method under Section 39.262(h), whichever is earlier, and shall include stranded costs incurred under Section 39.263.
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Examples of Stranded cost in a sentence

  • Stranded cost recoveries include the recovery of some of our historical investments in generating plants that were divested as part of the restructuring and wholesale power deregulation process in New England and New York during the 1990s.

  • Recovery of Stranded cost:- • When an Open Access Consumer’s drawal quantum is more Licensee are unable to recover the approved Cost which in turn affects it’s BSP.

  • Stranded cost recoveries represented the recovery of historical generation-related costs in the US, related to generation assets that are no longer owned by National Grid.

  • Stranded cost rates were initially set for CMP, BHE and MPS effective March 1, 2000 for a 2-year period coinciding with the 2-year sale terms of the utilities’ QF entitlements.

  • Stranded cost recoveries of £14m substantially represents the release of an unutilised provision recognised in a prior period (2011: £nil; year ended 31 March 2012: £nil).

  • Stranded cost recoveries on a pre-tax basis consist of revenue of £176m (2009: £228m; year ended 31 March 2010:£376m) and operating costs of £4m (2009: £28m; year ended 31 March 2010: £7m).

  • Stranded cost legislation has allowed many plants in California to operate in the new economic environment.

  • The chapter will conclude with a discussion of the bivariate analysis and the multi-variate analysis.Descriptive StatisticsTable 2 provides an overview of the variables included in the study after the filter variable was applied.When examining the dependent variable, instance of rearrest, the results of the descriptive statistics indicate that 62.2% of offenders were rearrested while 37.8% were not rearrested.

  • Stranded cost recovery would subsidize large scale, capital-intensive utility generation capacity over smaller, more efficient and environmentally benign independent generation investments subject to greater financial risk (and therefore higher financing costs) and more stringent financial performance obligations.

  • Projects affected by stranded cost treatment Stranded cost is the unrecovered book cost of assets or obligations, to the extent this book cost exceeds market prices.


More Definitions of Stranded cost

Stranded cost means the positive excess of the net book value of generation assets over the market value of the assets, taking into account all of the electric utility’s generation assets, any above market purchased power costs, and any deferred debit related to a utility’s discontinuance of the application of Statement of Financial Accounting Standards No. 71 (“Accounting for the Effects of Certain Types of
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Stranded cost means the positive excess of the net book value of generation assets over the market value of the assets, taking into account all of the electric utility's generation assets, and any above market purchased power costs.
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Stranded cost means the verifiable net difference between:
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Related to Stranded cost

  • Bondable stranded costs means any stranded costs or basic

  • Stranded costs recovery order means each order issued by the

  • Bondable stranded costs rate order means one or more

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Net concentration means the difference between the concentration of a given substance in a sample taken of the discharge and the concentration of the same substances in a sample taken at the intake which supplies water to the given process. For the purpose of this definition, samples that are taken to determine the net concentration shall always be 24-hour composite samples made up of at least six increments taken at regular intervals throughout the plant day.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.