Common use of ECAR and OVEC Emergency Energy Clause in Contracts

ECAR and OVEC Emergency Energy. 3.01 In order to enable Corporation to fulfill its obligation under ECAR Document No. 2 to maintain Supplemental Reserve equal to a percentage of Corporation’s internal load, each Sponsoring Company shall stand ready to supply its Power Participation Ratio of OVEC’s Supplemental Reserve obligation to other members of ECAR during any ECAR Reserve Sharing Period. It is understood, however, that the amount which each Sponsoring Company may charge for its share of such Supplemental Reserve shall be such Sponsoring Company’s FERC filed emergency energy charge.

Appears in 4 contracts

Samples: Inter Company Power Agreement (Indiana Michigan Power Co), Inter Company Power Agreement (Columbus Southern Power Co /Oh/), Inter Company Power Agreement (Appalachian Power Co)

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ECAR and OVEC Emergency Energy. 3.01 3.01. In order to enable Corporation to fulfill its obligation under ECAR Document No. 2 to maintain Supplemental Reserve equal to a percentage of Corporation’s 's internal load, each Sponsoring Company shall stand ready to supply its Power Participation Ratio of OVEC’s 's Supplemental Reserve obligation to other members of ECAR during any ECAR Reserve Sharing Period. It is understood, however, that the amount which each Sponsoring Company may charge for its share of such Supplemental Reserve shall be such Sponsoring Company’s 's FERC filed emergency energy charge.

Appears in 1 contract

Samples: Inter Company Power Agreement (Louisville Gas & Electric Co /Ky/)

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