Common use of Energy Payments - First Period Clause in Contracts

Energy Payments - First Period. During the First Period of the Contract Term, Seller shall be paid a Monthly Energy Payment for the electrical energy delivered by the Seller and purchased by Edison at the Point of Interconnection pursuant to the Energy Payment Option selected by the Seller in Section 1.9, as follows. 8.2.1 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 electrical energy delivered by Seller and purchased by Edison at the Point of Interconnection 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)] x E Where A = kWh purchased by Edison during on-peak periods defined in Edison's Tariff Schedule No. TOU-8.

Energy Payments - First Period. During the First Period of the Contract Term, Seller shall be paid a Monthly Energy Payment for the electrical energy Energy delivered by the Seller and purchased by to Edison at the Point of Interconnection pursuant to the Energy Payment Option selected by the Seller in Section 1.91.11, as follows. 8.2.1 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 electrical energy Energy delivered by Seller and purchased by Edison at the Point of Interconnection during each month in the First Period of the Contract Term pursuant to the following formula: Monthly Energy Payment MONTHLY ENERGY PAYMENT = [(A x D) + (B x D) + (C x D)] x E ) Where A = kWh purchased by Edison at the Point of Interconnection during on-peak periods defined in Edison's Tariff Schedule No. TOU-8.