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competition transition chargeA mechanism to assure fairness and stability for existing utilities as we shift to a new market structure. The net effect of CTC will fall on customers who change suppliers during the Transition Phase. The purpose is to avoid cost-shifting, and to enable utilities to retire debt and compete fairly.
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competition transition charge - A charge itemized on customer bills to recover costs associated with investor owned utility investments in generation-related assets and state-mandated contracts with nonutility generators that may now be uneconomic and unrecoverable in the restructured e
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competition transition chargeA charge that allows a utility to recover investments in certain assets built to ensure a customer’s electric supply. It covers the remaining investment costs that were previously included in electric rates. The charge allows utilities to recover these costs from customers who change suppliers during a transition from regulated to competitive mar [..]
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competition transition chargeWhat our experts say: A charge assessed to recover transmission and distribution service provider (TDSP) charges for non-securitized costs associated with the transition to competition.
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