BAT Settlement Payment. (i) Effective as of July 6, 2001 and continuing through the Amended Term, APS will calculate its BAT Settlement Payment amount using the following formula: BAT Settlement Payment = [ (R * AI * Net KWhrs) less (Deductions) less (10% Standard Deduction) ] * 5% Where R = $.0256 / KWhr. Where Net KWhrs = APS’ share of actual net kilowatt hours generated from the Plant during the quarterly period.
Appears in 4 contracts
Samples: Settlement and Closing Agreement (PNM Resources Inc), Settlement and Closing Agreement (PNM Resources Inc), Settlement and Closing Agreement (Pinnacle West Capital Corp)
BAT Settlement Payment. (i) Effective as of July 6, 2001 and continuing through the Amended Term, APS will calculate its BAT Settlement Payment amount using the following formula: BAT Settlement Payment = Payment= [ (R * AI * Net KWhrs) less (Deductions) less (10% Standard Deduction) ] * 5% Where R = $.0256 / I KWhr. Where Net KWhrs = APS’ ' share of actual net kilowatt hours generated from the Plant during the quarterly period.
Appears in 1 contract
Samples: Settlement and Closing Agreement (El Paso Electric Co /Tx/)
BAT Settlement Payment. (i) Effective as of July 6, 2001 and continuing through the Amended Term, APS will calculate its BAT Settlement Payment amount using the following formula: BAT Settlement Payment = [ (R * AI * Net KWhrs) less (Deductions) less (10% Standard Deduction) ] * 5% Where R = $.0256 / I KWhr. Where Net KWhrs = APS’ ' share of actual net kilowatt hours generated from the Plant during the quarterly period.
Appears in 1 contract
Samples: Settlement and Closing Agreement (El Paso Electric Co /Tx/)
