Common use of BILLING FACTORS Clause in Contracts

BILLING FACTORS. a. The Billing Factor for the rates specified in sections 1.a. and 1.b. is the Transmission Customer’s Supplemental Reserve Requirement determined in accordance with applicable NERC, WECC and NWPP standards. BPA will post on its OASIS Web site the Supplemental Reserve Requirement. If the Federal Energy Regulatory Commission approves a new Supplemental Reserve Requirement during the FY 2014–2015 rate period, such Supplemental Reserve Requirement will go into effect on the effective date set by FERC, and BPA will update the Supplemental Reserve Requirement posted on its OASIS Web site accordingly.

Appears in 2 contracts

Samples: Partial Settlement Agreement, Partial Settlement Agreement

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BILLING FACTORS. a. The Billing Factor for the rates specified in sections 1.a. and 1.b. is the Transmission Customer’s Supplemental Reserve Requirement determined in accordance with applicable NERC, WECC and NWPP standards. BPA will post on its OASIS Web site the Supplemental Reserve Requirement. If the Federal Energy Regulatory Commission approves a new Supplemental Reserve Requirement during the FY 2014–2015 rate period, such Supplemental Reserve Requirement will go into effect on the effective date set by FERC, and BPA will update the Supplemental Reserve Reserves Requirement posted on its OASIS Web site accordingly.

Appears in 2 contracts

Samples: Partial Settlement Agreement, Partial Settlement Agreement

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