Energy Payments. For each Month in which the Company delivers Net Energy Output to BPDB on or after Commercial Operations Date, the Company shall read the Metering System and shall compute the Energy Payment, based on the reading recorded by the Metering System, in accordance with Section 13.1(b)(ii), and BPDB shall pay the Energy Payment in accordance with Section 13.2(a). For each Month in which the Company delivers Net Energy Output to BPDB prior to the Commercial Operations Date, the Company shall read the Metering System and shall compute the Energy Payment, based on the reading recorded by the Metering System, in accordance with Section 13.1(b)(iii), and BPDB shall pay the Energy Payment in accordance with Section 13.2(a).
Energy Payments. 6.1 For that electric energy received by the Company at the Point of Delivery each month, the Company will pay the QF an amount as computed in Appendix A.
6.2 Energy payments pursuant to sections 9.1.1 and 9.1.2 hereof shall be subject to the delivery voltage adjustment value applicable to the Facility and approved from time to time by the FPSC pursuant to Appendix A.
6.3 Upon agreement by the Company and the QF and subject to approval by the FPSC, an alternative rate for the purchase of As-Available Energy may be negotiated in a separate agreement.
Energy Payments. Energy Payments shall be based on the final implemented scheduled energy up to last day of the month. Any adjustment on the basis of REA shall be made through a supplementary xxxx after the REA has been published for that month. . BPDB shall pay the Energy Payment in accordance with Section 12.2(a).
Energy Payments. (a) Subject to Section 9.5(c), and in accordance with the procedures specified in Section 9.4, the Purchaser shall pay to the Seller, Monthly in arrears, the Energy Payments, for the Monthly Energy, consisting of Regular Energy Payment and, as applicable, the Bonus Energy Payment or the Shortfall Energy Payment (the "Monthly Energy Payment") determined as follows:
Energy Payments. 5.3.1 Each month, LEM shall make a Monthly Energy Payment to Georgia Power equal to MWh of Delivered Energy during the applicable month multiplied by the Energy Price. "Energy Price" equals Fuel Costs as determined below plus the Variable O&M Amount for the applicable month as set forth on Exhibit A.
Energy Payments. 21 5.5 Start-Up Payments.........................................................................................23 ARTICLE 6 AVAILABILITY...........................................................................................23 6.1
Energy Payments. (a) During the Operating Term, PECO shall make Energy Payments to Tenaska in accordance with the provisions of Section 9.01 of this Agreement in an amount equal to the sum of the Fuel Oil Energy Payment, the Natural Gas Energy Payment and the Replacement Energy Payment. If, during any hour, both Fuel Oil and Natural Gas are combusted in any Unit, the Fuel Oil Energy Rate shall be applied to such hour for such Unit if, Fuel Oil, represents 50% or more of the Fuel (calculated on a Btu basis) so consumed by the Unit; otherwise the Gas Energy Rate shall apply to such Unit for such hour.
(i) The Fuel Oil Energy Payment shall equal for each Month the product of (i) the total amount of Delivered Energy received by PECO during that month to the extent that such Delivered Energy was generated by Generating Units fired by Fuel Oil and (ii) the Fuel Oil Energy Rate applicable for that Contract Year, as set forth in EXHIBIT 8.03.
(ii) The Natural Gas Energy Payment shall equal for each Month the product of (i) the total amount of Delivered Energy received by PECO during that month to the extent that such Delivered Energy was generated by Generating Units fired by Natural Gas or as Replacement Energy and (ii) the Gas Energy Rate applicable for that Contract Year, as set forth in EXHIBIT 8.03.
(b) The Replacement Energy Payment shall equal for each month the aggregate Replacement Fuel Cost for all days in such month.
(i) An Excess Run Time Payment shall apply to each Unit which pursuant to an Energy Request (A) delivers energy for longer than 16 consecutive hours immediately following the Start of such Unit, and (B) is fired in whole or in part with Natural Gas during the whole period following such Start. The Excess Run Time following each Unit Start shall be the number of consecutive hours in excess of sixteen that such Unit delivered energy before being Shutdown. The Excess Run Time Payment under this Section 8.03(b)(i) shall equal the sum for all Units of the product for each Unit of (i) the Delivered Energy produced during each Excess Run Time and (ii) $2.00/MWh. For example, if an Energy Request for 600 MWh begins at the hour ending 06:00 on a day and remains unchanged until an Energy Request reduces the Units on-line to 0MW at hour 00:00 (midnight), the Excess Run Time would be 2 hours, with 600 MWh of Delivered Energy during each hour, or 1200 MWh, times $2.00/MWh. ends at hour 00:00 (midnight) for 600 MWh's, the Excess Run Time would be 2 hours at 600 MWhs or 1...
Energy Payments. Except as expressly provided herein, for each Billing Period commencing on the Delivery Start Date, Purchaser shall pay to Seller an Energy Payment in an amount equal to the product of (a) the greater of: (i) the product of $2.00 per megawatt-hour and the Net Electrical Output of the Dedicated Units and (ii) the product of $10,000 per Start-Up per Unit and the number of Start-Ups; and (b) the GDP-IPD Index.
Energy Payments. Subject to Section 9.6(c), from and after the Commercial Operations Date, the Power Purchaser shall pay to the Company the Energy Payments in accordance with the procedures specified in Section 9.6 for Despatched and Delivered Net Electrical Output for the relevant Month (or part- Month), such payments being calculated in accordance with the provisions of Schedule 1.
Energy Payments. The Monthly Energy Payment and the annual true-up payment shall be adjusted, in accordance with the provisions of Appendix A, in the event of a declared Force Majeure Event, a system emergency, or curtailment by Georgia Power or the Transmission Provider.
