Energy Costs. Tenant will pay to Landlord, as additional rental hereunder, in the manner set forth below, the Premises’ Pro Rata Share of Energy Costs for each calendar year of the Term. For purposes hereof, the term “Energy Costs” means the costs charged to or incurred by Landlord for electricity and any and all other forms of energy for the Building and the Common Areas, except for the separately metered electricity of other Tenants in the Building; including all costs of metering the Building’s use of energy and all indirect costs of providing such energy, such as, but not limited to, any sales, use or other taxes and insurance. Tenant hereby acknowledges its understanding and agreement that Landlord has entered into (or may hereafter make and enter into) certain agreements with the Building’s utility service provider(s), whereby each such provider has the exclusive right to provide utility services to the Building and Premises, and Tenant agrees to honor any such agreement(s) and to therefore use no other utility service provider(s) in respect to utilities to the Premises; provided, further, that it is acknowledged that Landlord shall have the right (at Landlord’s option) at any time and from time to time during the Lease Term to contract for service from a different company or companies providing electricity or any other applicable utility service, and Tenant shall reasonably cooperate with Landlord in connection with any such change in provider(s). Landlord’s obligation to furnish such utility services shall be subject to the rules and regulations of the supplier of such services and governmental rules and regulations; provided, further, that Landlord may, upon not less than 30 days’ prior written notice to Tenant, discontinue any such services to the Premises, provided Landlord first arranges for a direct connection thereof through the supplier of such service (in which event Tenant shall be responsible for contracting with the supplier of such service, which has been approved by Landlord [such approval not to be unreasonably withheld by Landlord], and for paying all deposits for, and costs relating to, such service).
Energy Costs. The monthly budgets for each Facility for the next eleven months from the Effective Date (the “Budgets”) are set forth on Exhibit 6.1 hereto. The Budgets set forth certain net revenue expectations agreed to by all Parties (“Budgeted Expectations”) and include certain operating costs for said Facility (the costs being “Energy Costs”). Budgeted Expectations do not include any revenue derived from or attributable to any matter respecting Resource Adequacy Requirements. MMC will update Budgets and Budgeted Expectations for each following twelve-month period two months before the commencement of such twelve-month period. PPM may in its discretion determine at any time before the commencement of the applicable twelve-month period that PPM does not wish to provide the Services with such a Budget, and terminate this Agreement as of the end of the then-applicable Budget’s twelve-month period, with MMC owing PPM the Unwind Fee and any other amounts due hereunder.
Energy Costs. As additional rental, Tenant shall pay to Landlord along with each of Tenant's Basic Rental payments, Tenant's proportionate share of the(35) costs incurred by Landlord for (i) any and all forms of fuel or energy utilized in connection with the operation, maintenance, and use of the Project, (ii) sales, use, excise and other taxes assessed by governmental authorities on energy sources supplied to the Project, and (iii) other(36) costs of providing energy to the Project. Tenant's proportionate share shall be based on the ratio which the Rentable Area in the Premises (adjusted for office expansions(37)) bears to the number of square feet of all Rentable Area occupied by tenants in the Building from time to time. Landlord shall have the __________________________________ 33 within thirty (30) days 34 , which obligation shall survive the expiration or earlier termination of this Lease 37 , and excluding the Rentable Area of that portion of the Premises which is separately metered
Energy Costs. Tenant will pay to Landlord, as additional rental hereunder, in the manner set forth below, the Premises' Pro Rata Share of Energy Costs for each calendar year of the Term. For purposes hereof, the term "Energy Costs" means the costs charged to or incurred by Landlord for any and all forms of energy for the Building, including all costs of metering the Building's use of energy and all indirect costs of providing such energy, such as, but not limited to, any sales, use or other taxes and insurance.
Energy Costs. Storage resources are different from traditional resources on the CAISO system. For example, gas fired generators have an available fuel supply that is converted to energy, and the heat rate, which describes the efficiency of the resource, informs the resource’s marginal cost. Storage resources “buy” energy from the grid and sell that energy back to the grid by discharging at a later point in time. Nevertheless, when a storage resource discharges, the impacts to the grid are identical to a traditional generator running. It is critical that a value approximating the costs of energy purchased through the wholesale market be included in the default energy bid for storage resources. For example, if a storage resource buys energy at the lowest prices of the day at $10/MWh, it will have significantly lower costs than if it was buying energy at $50/MWh. Energy purchased at higher costs implies that sales need to be made at higher prices to maintain the same price spread. In this proposal the CAISO proposes an updated methodology to what was included in the revised straw proposal. This updated proposal includes using the actual results from the day-ahead market process to compute expected costs for a resource to purchase energy. Today, the day-ahead market process initially performs a market power mitigation (MPM) run, with unmitigated bids, then it performs a test to determine specific resource/hours that fail a dynamic competitive test assessment (DCPA), finally it performs the integrated forward market (IFM) run that includes mitigated bids for all resource/hours that fail dynamic competitive test assessment. The premise of this default energy bid is that storage resources will include energy prices from the market power mitigation run, which will inform the energy cost component of any default energy bid that may be applied in the successive integrated forward market run.25 Expected costs will be calculated for resources, as if they were performing one cycle per day, and charging during the least expensive continuous block of time during the day. The CAISO anticipates that most resources will have a 4-hours of storage duration, which implies that the amount of energy necessary to charge the resource will be just longer than 4-hours to include round trip efficiencies. This value should represent a conservative estimate of cost (on a $/MWh basis, for the duration of the discharge period) to charge a specific resource, particularly if the resource is performing l...
Energy Costs. Gas: The NYSEG “Timerx Technologies” xxxx also includes the total gas charges for the building. This portion of the xxxx is to be allocated to Penwest based on the allocation percentage.
Energy Costs. 11.1 Where in this Lease it is stated that Energy Costs are to be apportioned, such apportionment shall be calculated by the Landlord in the following manner:
Energy Costs. At the request of Xxxxxxx, Landlord agrees to work with Tenant in the development of an energy cost reduction program with respect to electrical usage, including, but not limited to, HVAC, at the Premises and to implement any such program if and to the extent, the cost thereof is reasonable from Landlord’s perspective under the circumstances.
Energy Costs. All costs for electricity, gas, oil and any other source or type of energy, power or fuel in respect of the Complex or the Land.
Energy Costs. With the exception of Xxxxxxxx Xxxxxxxxx, Xxxxxxx and Mississauga shall be responsible for the energy cost of all streetlighting located along the Boundary Roads, which includes the Eglinton Avenue West road from the easterly limit of the Eglinton Bridge to Xxxxxxxx Drive. For greater clarity, Mississauga shall be fully responsible for the maintenance of only those streetlights that are energized by Enersource Mississauga. However, the energy cost of all streetlighting shall be shared between the Parties at 50% each. For any energy cost that each of the Parties incur and that is within the responsibility of the other Party, the Party incurring the cost may issue an invoice to the other Party for reimbursement and the other Party shall pay the Party incurring the cost within thirty days of receipt of such invoice. Any such chargebacks shall be at cost without any additional administrative fee.
