Common use of BPA Incremental Cost Clause in Contracts

BPA Incremental Cost. BPA’s incremental cost will be based on an hourly energy index in the Pacific Northwest. If no adequate hourly index exists, an alternative index will be used. BPA will post the name of the index to be used on its OASIS Web site at least 30 days prior to its use. BPA will not change the index more often than once per year unless BPA determines that the existing index is no longer a reliable price index. For any hour(s) that the energy index is negative, no credit is given for positive deviations (actual energy delivered is more than scheduled).

Appears in 5 contracts

Samples: Partial Rates Settlement Agreement, Settlement Agreement, Settlement Agreement

AutoNDA by SimpleDocs

BPA Incremental Cost. BPA’s incremental cost will be based on an hourly energy index in the Pacific Northwest. If no adequate hourly index exists, an alternative index will be used. BPA will post the name of the index to be used on its OASIS Web site at least 30 days prior to its use. BPA will not change the index more often than once per year unless BPA determines that the existing index is no longer a reliable price index. For any hour(s) that the energy index is negative, no credit is given for positive deviations (actual energy delivered is more generation less than scheduled).

Appears in 5 contracts

Samples: Partial Rates Settlement Agreement, Settlement Agreement, Settlement Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!