Common use of Determination and Reporting of Hourly Loads Clause in Contracts

Determination and Reporting of Hourly Loads. (a) To meet its NEPOOL obligations, Seller, or a NEPOOL member having an own-load dispatch or settlement account with the NEPOOL billing system with whom Seller has a load inclusion agreement, must report to NEPOOL or the ISO the Standard Offer Service load for which Seller is providing Wholesale Standard Offer Service pursuant to this Agreement, including losses. To accomplish this, NECO will estimate its total hourly Standard Offer Service load based upon average load profiles developed for each NECO customer class and NECO's actual total hourly load. Appendix B, attached and incorporated herein by reference, provides a general description of the estimation process that NECO will initially employ (the "Estimation Process"). NECO reserves the right, subject to the approval of appropriate regulatory authorities having jurisdiction to modify the Estimation Process in the future, provided that any such modification be designed to improve the accuracy of its results, and provided further that NECO shall consult with Seller and other similarly situated sellers to the maximum extent permitted by any applicable standards of conduct. NECO will report to NEPOOL, on behalf of Seller or such other NEPOOL member, Seller's hourly Standard Offer Service load, which shall equal the portion of NECO's estimated total Standard Offer Service hourly load for which Seller is responsible for supplying Wholesale Standard Offer Service under this Agreement.

Appears in 2 contracts

Samples: Wholesale Standard Offer Service Agreement (New England Power Co), Offer Service Agreement (Pg&e National Energy Group Inc)

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Determination and Reporting of Hourly Loads. (a) To meet its NEPOOL obligations, Seller, or a NEPOOL member having an own-load dispatch or settlement account with the NEPOOL billing system with whom Seller has a load inclusion agreement, must report to NEPOOL or the ISO the Standard Offer Service load for which Seller is providing Wholesale Standard Offer Service pursuant to this Agreement, including losses. To accomplish this, NECO MECO will estimate its total hourly Standard Offer Service load based upon average load profiles developed for each NECO MECO customer class and NECOMECO's actual total hourly load. Appendix B, attached and incorporated herein by reference, provides a general description of the estimation process that NECO MECO will initially employ (the "Estimation Process"). NECO MECO reserves the right, subject to the approval of appropriate regulatory authorities having jurisdiction jurisdiction, to modify the Estimation Process in the future, provided that any such modification be designed to improve the accuracy of its results, results and provided further that NECO MECO shall consult with Seller and other similarly situated sellers to the maximum extent permitted by any applicable standards of conduct. NECO MECO will report to NEPOOL, on behalf of Seller or such other NEPOOL member, Seller's hourly Standard Offer Service load, which shall equal the portion of NECOMECO's estimated total Standard Offer Service hourly load for which Seller is responsible for supplying Wholesale Standard Offer Service under this Agreement.

Appears in 1 contract

Samples: Arbitration Agreement (Pg&e National Energy Group Inc)

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Determination and Reporting of Hourly Loads. (a) i. To meet its NEPOOL obligations, Seller, or a NEPOOL member having an own-load dispatch or settlement account with the NEPOOL billing system with whom Seller has a load inclusion agreement, must report to NEPOOL or the ISO the Standard Offer Service load for which Seller is providing Wholesale Standard Offer Service pursuant to this Agreement, including losses. To accomplish this, NECO MECO will estimate its total hourly Standard Offer Service load based upon average load profiles developed for each NECO MECO customer class and NECOMECO's actual total hourly load. Appendix B, attached and incorporated herein by reference, provides a general description of the estimation process that NECO MECO will initially employ (the "Estimation Process"). NECO MECO reserves the right, subject to the approval of appropriate regulatory authorities having jurisdiction jurisdiction, to modify the Estimation Process in the future, provided that any such modification be designed to improve the accuracy of its results, results and provided further that NECO MECO shall consult with Seller and other similarly situated sellers to the maximum extent permitted by any applicable standards of conduct. NECO MECO will report to NEPOOL, on behalf of Seller or such other NEPOOL member, Seller's hourly Standard Offer Service load, which shall equal the portion of NECOMECO's estimated total Standard Offer Service hourly load for which Seller is responsible for supplying Wholesale Standard Offer Service under this Agreement.

Appears in 1 contract

Samples: Wholesale Standard Offer Service Agreement (New England Power Co)

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