Section 54.92. Definitions

The following words and terms, when used in this subchapter, have the following meanings, unless the context clearly indicates otherwise:

CTC—Competitive transition charge—The competitive transition charge as defined in section 2803 of the code (relating to definitions).

Code—The Public Utility Code, 66 Pa.C.S. § § 101—3316.

Customer—A retail electric customer as defined in section 2803 of the code.

Department—The Department of Revenue of the Commonwealth.

EDC—Electric distribution company—An EDC as defined in section 2803 of the code.

Electric generation supplier or electricity supplier—An electric generation supplier or an electricity supplier as defined in section 2803 of the code.

ITC—Intangible transition charge—The intangible transition charge as defined in section 2812(g) of the code (relating to approval of transition bonds).

Rate cap or price cap—The limits on the allowable charges of an EDC, and the exceptions and exclusions from these limits, as prescribed by section 2804(4) of the code (relating to standards for restructuring of electric industry).

RNR—Revenue neutral reconciliation—Section 2810 of the code (relating to revenue-neutral reconciliation).

STAS—State tax adjustment surcharge—The State tax adjustment surcharge as defined in § 69.51 (relating to definitions).

Transition or stranded costs—The transition or stranded costs as defined in section 2803 of the code.