Energy Payment. Commencing on the last day of the month in which the Commercial Operation Date occurs, Buyer shall pay to Seller in arrears a Variable Energy Payment as set forth in Exhibit F for Net Energy.
Energy Payment. “Energy Payment” shall be the aggregate amount of the Metered Amounts (in MWh) minus Extra Energy (in MWh) for all hours in a month multiplied by each such hour’s applicable Day-Ahead Price (in dollars per MWh) at the applicable PNode. 𝐿𝑎𝑠𝑡 𝑆𝑒𝑡𝑡𝑙𝑒𝑚𝑒𝑛𝑡 𝐼𝑛𝑡𝑒𝑟𝑣𝑎𝑙 𝑖𝑛 𝑚𝑜𝑛𝑡ℎ = � (𝑀𝑒𝑡𝑒𝑟𝑒𝑑 𝐴𝑚𝑜𝑢𝑛𝑡𝑠 − 𝐸𝑥𝑡𝑟𝑎 𝐸𝑛𝑒𝑟𝑔𝑦) 𝐹𝑖𝑟𝑠𝑡 𝑆𝑒𝑡𝑡𝑙𝑒𝑚𝑒𝑛𝑡 𝐼𝑛𝑡𝑒𝑟𝑣𝑎𝑙 𝑖𝑛 𝑚𝑜𝑛𝑡ℎ
Energy Payment. 12.1.1 During the Commissioning of the Plant, in accordance with Clause 12.5, the Purchaser shall pay to the Seller, in arrears on the thirtieth (30th ) Business Day of each Month, for each kWh of Net Energy Output delivered from the Plant to the Purchaser during the preceding Month, an amount equal to the Fuel Component only of the Energy Charge, as calculated in accordance with Schedule 5 - .
12.1.2 After the Commercial Operations Date, in accordance with Clause 12.5, the Purchaser shall pay to the Seller, in arrears on the thirtieth (30th) Business Day of each Month, the Energy Charge for each kWh of Net Energy Output delivered from the Plant to the Purchaser during the preceding Month (each Monthly payment, an "Energy Payment").
12.1.3 The amount of the Energy Charge shall be as set forth in Schedule 5 -.
Energy Payment. The price for calculation of the Energy Payment is set forth in Section 2 of Exhibit D.
Energy Payment. ECi The Energy Payment (EPi) is the energy component of the Tariff expressed in U S Dollars (US$) (“Energy Payment”) will depend on the Net Energy Output calculated based on Plant Output Profile. The Energy Payment comprises Energy Payment (Non-fuel Component) (“EPnfi”), Energy Payment (Fuel Component) (“EPfi”) and Fuel Pipeline Cost (PCi) as described below. EPi EPnfi EPfi PCi
Energy Payment. The OUR’s “Declaration of Indicative Generation Avoided Costs” Document # Ele 2010/ELE2010009_DCL001 published December 2010, as such document may be amended or replaced, shall govern the energy price payable by JPS for energy supplied to the JPS Grid by the QE from the QF in accordance with this Contract. The energy price for any given Month shall be the short run avoided cost of generation to the JPS Grid which price shall be published by the OUR from time to time. Under this mechanism the price per kWh will change from month to month depending on the cost of fuel to the system and the net generation associated with the cost of fuel used for the month. The payment calculation shall be in accordance with Schedule 3.
Energy Payment. With respect to each Billing Cycle, Buyer shall make a payment to Seller equal to the product of: (i) the applicable "Energy Charge" set forth in Exhibit A; (ii) the applicable Energy Charge Shaping Factor set forth in Exhibit C; and (iii) the number of MWhs of Delivered Energy for the Billing Cycle (each, an "Energy Payment").
Energy Payment. Commencing with the Start Date and continuing for the term of this Agreement, Buyer shall pay Seller the Energy Purchase Price identified in Part I for Delivered Energy for the applicable Billing Month. Such payments shall be made on a monthly basis, pursuant to Subsection 8.1, Billing Procedure. Seller shall receive a monthly energy payment equal to the Energy Purchase Price as indicated in Part I multiplied by the Delivered Energy for the applicable Billing Month. The Energy Purchase Price, as selected by the Seller and described in Exhibit A, will be applicable for the term of the contract. In the event the delivery of energy is curtailed due to a reason that qualifies as a Compensated Curtailment, and such curtailment results in Lost Production, Seller shall be entitled to Lost Production Damages on a monthly basis as its sole and exclusive remedy and Buyer’s sole and exclusive liability. Seller shall provide to Buyer relevant data and supporting documentation so that Buyer can verify the calculation of Lost Production. Lost Production must be calculated using data from the SCADA System and based on actual measurements during the applicable time as recorded by the Plant’s measurement instrumentation. Buyer is not obligated to arrange alternative transmission services during any such event. Seller is not entitled to compensation for Lost Production if Energy is curtailed due to any reason that qualifies as an Uncompensated Curtailment.
Energy Payment. In consideration for the Purchased Energy delivered to Buyer pursuant to this Agreement, Buyer shall pay Seller the Energy Payment. The price will be obtained by multiplying the total energy produced and delivered by each facility according to the meter installed at the transfer point by the price agreed (81$ per MWh ). The energy payment price shall be increased on an annual basis based upon the lesser of: 1) an annual 2.5% compounded increase of the price paid on the COD, or 2) the average increase for each preceding calendar year as applied by El Paso Electric Company under the applicable Schedule 41 for County facilities effective July 1, 2010 and as may be amended as allowed by the Texas Public Utility Commission, or other similar rate schedules which may supplant Schedule 41as allowed by the Texas Public Utility Commission or successor agencies.
