Capacity Payment Option A -- As Available Capacity. If Seller selects Capacity Payment Option A, Seller shall be paid a monthly capacity payment calculated pursuant to the following formula: MONTHLY CAPACITY PAYMENTS = (A x D)+(B x D)+(C x D) Where A = kWh purchased by Edison at the Point of Interconnection during on-peak periods defined in Edison's Tariff Schedule No. TOU-8 B = kWh purchased by Edison at the Point of Interconnection during mid-peak periods defined in Edison's Tariff Schedule No. TOU-8. C = kWh purchased by Edison at the Point of Interconnection during off-peak periods defined in Edison's Tariff Schedule No. TOU-8.
Appears in 2 contracts
Samples: Power Purchase Contract (Ormat Technologies, Inc.), Power Purchase Contract (Ormat Technologies, Inc.)
Capacity Payment Option A -- As Available Capacity. If Seller selects Capacity Payment Option A, Seller shall be paid a monthly capacity payment calculated pursuant to the following formula: MONTHLY CAPACITY PAYMENTS PAYMENT = (A x D)+(B x D)+(C x D) Where A = kWh purchased by Edison at the Point of Interconnection during on-peak periods defined in Edison's Tariff Schedule No. TOU-8 TOU-8. B = kWh purchased by Edison at the Point of Interconnection during mid-peak periods defined in Edison's Tariff Schedule No. TOU-8. C = kWh purchased by Edison at the Point of Interconnection during off-peak periods defined in Edison's Tariff Schedule No. TOU-8. D = The appropriate time differentiated capacity price from either the Standard Offer No. 1 Capacity Payment Schedule or Forecast of Annual As- Available Capacity Payment Schedule as specified by Seller in Section 1.11.
Appears in 2 contracts
Samples: Sce Standard Contract Long Term Power Purchase Power, Sce Standard Contract Long Term Power Purchase Power