Definition of Competitive transition charge

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TeachMeFinance.com - explain Competitive transition charge



Competitive transition charge

The term 'Competitive transition charge' as it applies to the area of energy can be defined as ' A non-bypassable charge levied on each customer of the distribution utility, including those who are served under contracts with nonutility suppliers, for recovery of the utility's stranded costs that develop because of competition'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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