A "nonbypassable" charge generally placed on distribution services to recover utility costs incurred as a result of restructuring (stranded costs - usually associated with generation facilities and services) and not recoverable in other ways.
A Public Service Commission approved charge that provides electric utilities affected by restructuring with a recovery mechanism for certain asset investments (e.g., power plants) that were constructed to ensure adequate and reliable power supplies.
A charge generally placed on distribution services to recover utility costs incurred as a result of restructuring (ie stranded investments) which cannot be recovered by other means.
A charge, approved by the Public Service Commission, that allows utilities to recover investments in certain assets (such as power plants) which were built to ensure customers would have a reliable and adequate supply of electricity. This is not a new charge, but covers the remaining investment costs that were previously included in electric rates. The charge allows utilities to recover these costs over a set transition period, after which the charge is phased out. In some cases, an electric company may show a credit instead of a charge.
A charge applied to the bill of every customer accessing the transmission or distribution network. This charge is designed to recover an electric utilityâ€(tm)s transition or stranded costs as determined by the Commission.
A charge that allows utilities to recover stranded costs. ( Back)
A non-bypassable charge levied on each customer of a distribution utility, including those who are served under contracts with nonutility suppliers, for recovery of a utility's transition costs.
A temporary charge on a customer’s bill designed to recover an electric utility’s stranded costs. Co-ops call this a fixed costs recovery charge.
A charge on an electric bill to recover a utility company’s fixed cost for serving individual customers.
A charge imposed by a utility to assure recovery of the costs of investments in resources or other power contracts. Customers have always paid this charge as part of their normal rate. Customers choosing SVP, or another supplier, will continue to contribute to the payback of these investments. Collection of a CTC may be made under the authority of State Law or of a local regulatory body such as a City Council.
