Expansion Power (EP) and Replacement Power (RP) Base Rates. The rates to be charged to the Customer by the Authority shall be as follows: Billing Period Demand ($/kW) Energy ($/MWh) 1. For RY 2019 (July 2019 through June 2020 Billing Periods), 50% of the Annual Adjustment Factor (“AAF”), as described in Section V, will be applied to the demand and energy rates stated in the table above. 2. For RY 2020 (July 2020 through June 2021 Billing Periods) and each Rate Year thereafter, the AAF will be applied to the then-effective base rates for demand and energy in accordance with Section V.
Appears in 13 contracts
Samples: Agreement for the Sale of Expansion Power and/or Replacement Power, Agreement for the Sale of Expansion Power and/or Replacement Power, Agreement for the Sale of Expansion Power and/or Replacement Power