Capacity Charge for the Baseline Capacity Sample Clauses

Capacity Charge for the Baseline Capacity. The Capacity Charge for Baseline Capacity to be paid by HECO to AES Hawaii during the full Term shall be at a fixed rate equal to $0.044095 per kilowatthour for each hour in which the Baseline Capacity is available, from June 1, 2003, through the end of the Term. To determine the Baseline Capacity that is available for purposes of the foregoing calculation, the Baseline Capacity of the Facility will be multiplied by the hours in the prior month, and then any outage and/or derated hours occurring during the prior month (other than those excluded pursuant to Sections 3.2B(3) and 4.2) times the capacity value of the outage and/or derating in the Baseline Capacity (in kilowatts) will be subtracted. (Allocation of the capacity value between Additional Capacity and Baseline Capacity is addressed in Section 5.1B(4).) The Baseline Capacity in kilowatthours available for the month in question shall then be multiplied by the above rate to obtain the monthly capacity payment due to AES Hawaii for the Baseline Capacity.
Sample 1
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Related to Capacity Charge for the Baseline Capacity

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