Common use of Buy-Sell Arrangement Clause in Contracts

Buy-Sell Arrangement. 1. Utility will purchase power from qualifying small power production or cogeneration facilties at a rate which reflects the cost which Utility can avoid as a result of obtaining the power. 2. Utility will sell power to qualifying small power production or cogeneration facilities based on filed Rate Schedules applicable to comparable customers without generation. 3. Utility offers two metering options to QF's. a. Netting Generation and Load - Metering Option I 1. The QF can choose to have the metering arranged so that Utility purchases the (Continued) -------------------------------------------------------------------------------- Issued: 3/20/81 Issued By: Effective: 3/20/81 Xxx X. Xxxxxxx President Advice No.: 176-E -------------------------------------------------------------------------------- EXHIBIT K - 2 of 7 SIERRA PACIFIC POWER COMPANY 000 X. Xxxxx Xxxx, Reno, Nevada 4th Revised P.S.C.N. Sheet No. 48 Tariff No. Electric No. Cancelling 3rd Revised P.S.C.N. Sheet No. 48 -------------------------------------------------------------------------------- COGENERATORS AND SMALL POWER PRODUCERS (QF'S) (Continued) a. Netting Generation and Load - Metering Option I (continued) 1. (Continued) net energy which the QF does not use, and so that Utility sells the net energy which the QF does not generate. 2. When the QF's generation output is greater than his load, Utility will purchase the excess energy which the QF does not use. The purchase meters will register only the energy which is supplied from the QF's system to Utility's system. 3. When the QF's generation output is less than his load, Utility will charge the QF only for the power requirements which are not supplied by the QF's generation. The billing meters will register only the power requirements which are supplied from Utility's system to the QF's system. 4. Neither the purchase meters nor the billing meters will be allowed to reverse rotation. 5. If the applicable rate schedule requires demand metering the demand meter will register only the demand which is supplied from Utility's system to the QF's system. This demand meter will be used to determine the billing demand and the applicable rate schedule.

Appears in 2 contracts

Samples: Purchase and Sale of Electricity Agreement (Brady Power Partners), Purchase and Sale Agreement (Ormat Funding Corp.)

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Buy-Sell Arrangement. 1. Utility will purchase power from qualifying small power production or cogeneration facilties facilities at a rate which reflects the cost which Utility can avoid as a result of obtaining the power. 2. Utility will sell power to qualifying small power production or cogeneration facilities based on filed Rate Schedules applicable to comparable customers without generation. 3. Utility offers two metering options to QF's. a. Netting Generation and Load - Metering Option I 1. The QF can choose to have the metering arranged so that Utility purchases the (Continued) -------------------------------------------------------------------------------- Issued: 3/20/81 Issued By: Effective: 3/20/81 Xxx X. Xxxxxxx President Advice No.: 176-E -------------------------------------------------------------------------------- EXHIBIT K - 2 of 7 SIERRA PACIFIC POWER COMPANY 000 X. Xxxxx Xxxx, Reno, Nevada 4th Revised P.S.C.N. Sheet Rule No. 48 Tariff No. Electric No. Cancelling 3rd Revised P.S.C.N. Sheet No. 48 -------------------------------------------------------------------------------- 15 COGENERATORS AND SMALL POWER PRODUCERS (QF'S) (Continued) a. Netting Generation and Load - Metering Option I (continued) 1. (Continued) net energy which the QF does not use, and so that Utility sells the net energy which the QF does not generate. 2. When the QF's generation output is greater than his load, Utility will purchase the excess energy which the QF does not use. The purchase meters will register only the energy which is supplied from the QF's system to Utility's system. 3. When the QF's generation output is less than his load, Utility will charge the QF only for the power requirements which are not supplied by the QF's generation. The billing meters will register only the power requirements which are supplied from Utility's system to the QF's system. 4. Neither the purchase meters nor the billing meters will be allowed to reverse rotation. 5. If the applicable rate schedule requires demand metering the demand meter will register only the demand which is supplied from Utility's system to the QF's system. This demand meter will be used to determine the billing demand and the applicable rate schedule. (Continued) Issued: 5/4/81 Issued By: Effective: 5/4/81 Xxx X. Xxxxxxx President Advice No.: 178-E Rule No. 15 COGENERATORS AND SMALL POWER PRODUCERS (QF'S) (Continued) a. Netting Generation and Load - Metering Option I (continued)

Appears in 1 contract

Samples: Long Term Agreement (Ormat Funding Corp.)

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Buy-Sell Arrangement. 1. Utility will purchase power from qualifying small power production or cogeneration facilties facilities at a rate which reflects the cost which Utility can avoid as a result of obtaining the power. 2. Utility will sell power to qualifying small power production or cogeneration facilities based on filed Rate Schedules applicable to comparable customers without generation. 3. Utility offers two metering options to QF's. a. Netting Generation and Load - Metering Option I 1. The QF can choose to have the metering arranged so that Utility purchases the (Continued) -------------------------------------------------------------------------------- Issued: 3/20/81 Issued By: Effective: 3/20/81 Xxx X. Xxxxxxx President Advice No.: 176-E -------------------------------------------------------------------------------- EXHIBIT K - 2 of 7 SIERRA PACIFIC POWER COMPANY 000 X. Xxxxx Xxxx, Reno, Nevada 4th Revised P.S.C.N. Sheet No. 48 Tariff No. Electric No. Cancelling 3rd Revised P.S.C.N. Sheet No. 48 -------------------------------------------------------------------------------- COGENERATORS AND SMALL POWER PRODUCERS (QF'S) (Continued) a. Netting Generation and Load - Metering Option I (continued) 1. (Continued) net energy which the QF does not use, and so that Utility sells the net energy which the QF does not generate. 2. When the QF's generation output is greater than his load, Utility will purchase the excess energy which the QF does not use. The purchase meters will register only the energy which is supplied from the QF's system to Utility's system. 3. When the QF's generation output is less than his load, Utility will charge the QF only for the power requirements which are not supplied by the QF's generation. The billing meters will register only the power requirements which are supplied from Utility's system to the QF's system. 4. Neither the purchase meters nor the billing meters will be allowed to reverse rotation. 5. If the applicable rate schedule requires demand metering the demand meter will register only the demand which is supplied from Utility's system to the QF's system. This demand meter will be used to determine the billing demand and the applicable rate schedule.. (Continued) Issued: 5/4/81 Issued By: Effective: 5/4/81 Xxx X. Xxxxxxx President Advice No: 178-E COGENERATORS AND SMALL POWER PRODUCERS (QF'S) (Continued) a. Netting Generation and Load - Metering Option I (continued)

Appears in 1 contract

Samples: Long Term Agreement (Brady Power Partners)

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