Energy Payments Sample Clauses

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 ▇▇▇▇ after the REA has been published for that month. . BPDB shall pay the Energy Payment in accordance with Section 12.2(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. 21 5.5 Start-Up Payments.........................................................................................23 ARTICLE 6 AVAILABILITY...........................................................................................23 6.1

Energy Payments. For that electric energy received by MEAN at the Point of Delivery each month, MEAN will pay the Participant and the Participant will pay the QF at the then-current MEAN avoided cost rate for Qualifying Facilities with a design capacity of the Facility, as calculated for the Facility. QF waives any right to seek the PURPA avoided cost rate.

Energy Payments. (a) Subject to Section 9.5(c), and in accordance with the procedures specified in Section 9.4, from and after Commercial Operation Date, the Purchaser shall pay to the Seller: (A) Monthly in arrears, the Energy Payments, for the Monthly Energy, consisting of the Regular Energy Payment and if applicable, the Shortfall Energy Payment; and (B) yearly in arrears, if applicable, the Bonus Energy Payment, all determined as follows:

Energy Payments. 5.4.1 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. (a) 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; provided that in any Agreement Year the Power Purchaser shall in any event take delivery of or pay for the Minimum Annual Energy. (b) Schedule 1[long term and spot to be included in Schedule 1to be provided by the Company]. (c) If in any Agreement Year there is a Annual Energy Purchase Shortfall, the Power Purchaser shall pay to the Company in accordance with Section 9.6 the Annual Energy Purchase Shortfall Payments. (d) Following any Agreement Year in which the Power Purchaser has made a Annual Energy Purchase Shortfall Payment, the Power Purchaser shall be entitled to Despatch and take delivery of an amount of Net Electrical Output equal to the then undelivered aggregate Annual Energy Purchase Shortfall and receive a credit (“Energy Credits”) against the payment for each kWh of such Despatched and Delivered Net Electrical Output equal to the applicable Fuel Cost Component paid for each kWh of the relevant Annual Energy Purchase Shortfall, which Energy Credits shall be applied to such purchases of Despatched and Delivered Net Electrical on a “first in, first out” basis and the available Energy Credits shall be reduced by the amount of such purchases of Despatched and Delivered Net Electrical; provided that the Power Purchaser shall have first Despatched during the prevailing Agreement Year the Minimum Annual Energy, and provided, further, that in no event shall the Power Purchaser have a right to take Despatch and take delivery of Net Electrical Output (including Energy Credits) during any hour in excess of the Declared Available Capacity for such hour. (e) The Power Purchaser shall pay to the Company for such Despatched and delivered Energy Credits the then-prevailing Energy Price for each kWh of Energy Credits less the applicable Fuel Cost Component paid for the relevant Annual Energy Purchase Shortfall.

Energy Payments. Except during the True Up Period as described in --------------- Appendix M (Unit 1 and 2 True Up), each month beginning on the Effective Date and continuing throughout the Term, Buyer shall pay Seller Energy Payments equal to the product of the Energy Charge times the MWh of Electric Energy or Substitute Electric Energy. The Energy Charge has two components and shall be equal to the sum of the Variable O&M Charge plus the Fuel Charge. The Variable O&M Charge on the Effective Date shall be $1.50/MWh, adjusted for Escalation. The Fuel Charge shall be equal to the sum of the Electric Energy (expressed in Integrated Hourly MWh) and Substitute Electric Energy (expressed in MWh) sold to Buyer under this Agreement during each hour of such month, multiplied by the following prices at various Dispatch levels as shown in the table below. MW Level Dispatched in the hour Fuel Charge/MWh ------------------------------- --------------- 60% of Net Dependable Capacity Gas Cost + $0.32 * 12.9 MMBtu/MWh 100% of Net Dependable Capacity Gas Cost + $0.32 * 10.9 MMBtu/MWh To the extent a Committed Unit operates at levels between the above percentages, the heat rate will be prorated to the proportionate level between the points in the table.

Energy Payments. First Period During the First Period of the Contract Term, Seller shall be paid a Monthly Energy Payment for the Energy delivered by the Seller to Edison at the Point of Interconnection pursuant to the Energy Payment Option selected by Seller in Section 1.12, as follows. (Data used to derive Edison's Energy payments for the First Period will be made available to the Seller, to the extent specified by Seller, upon request.) 9.2.1 Energy Payment Option 1 -- Forecast of Annual Marginal Cost of Energy. If Seller selects Energy Payment option 1, then during the First Period of the Contract Term, Seller shall be paid a Monthly Energy Payment for Energy delivered by Seller and purchased by Edison during each month in the First Period of the Contract Term pursuant to the following formula: MONTHLY ENERGY PAYMENT (A x D) + (B x D) + (C x D) Where A = kWh purchased by Edison during on-peak periods defined in Edison's Tariff Schedule No. TOU-8.