Common use of Expected Annual Net Energy Production Clause in Contracts

Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in kWh = A x B x C Where: A = The Installed DC Rating, in kWPDC, which shall not exceed 26,193.400 kWPDC. As of the Effective Date and until SCE’s verification of Seller’s installation of the Generating Facility pursuant to Exhibit K, this rating is deemed to be 26,193.400 kWPDC. B = Annual Energy Yield Factor 1,989 kWh AC per kWPDC per year. C = Annual degradation factor (“Annual Degradation Factor”) in each Term Year as follows: 1.01 Special Conditions Term Year Annual Degradation Factor 1 1. 0000 2 0.9930 3 0.9860 4 0.9791 5 0.9723 6 0.9655 7 0.9587 8 0.9520 9 0.9454 10 0.9387 11 0.9322 12 0.9256 13 0.9192 14 0.9127 15 0.9063 16 0.9000 17 0.8937 18 0.8874 19 0.8812 20 0.8751

Appears in 3 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in kWh = A x B x C Where: : A = The Installed DC Rating, in kWPDC, which shall not exceed 26,193.400 kWPDC. (As of the Effective Date and until SCE’s verification of Seller’s installation of the Generating Facility pursuant to Exhibit K, this rating is deemed to be 26,193.400 26,312.000 kWPDC.). B = Annual Energy Yield Factor 1,989 1,820 kWh AC per kWPDC per year. C = Annual degradation factor (“Annual Degradation Factor”) in each Term Year as follows: 1.01 Special Conditions : Term Year Annual Degradation Factor 1 1. 0000 2 0.9930 0.9950 3 0.9860 0.9900 4 0.9791 0.9851 5 0.9723 0.9801 6 0.9752 7 0.9704 8 0.9655 7 0.9587 8 0.9520 9 0.9454 0.9607 10 0.9387 0.9559 11 0.9511 12 0.9464 13 0.9416 14 0.9369 15 0.9322 12 0.9256 13 0.9192 14 0.9127 15 0.9063 16 0.9000 0.9276 17 0.8937 0.9229 18 0.8874 0.9183 19 0.8812 0.9137 20 0.87510.9092

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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