Fixed On-Going Charge Payment. Connecting Transmission Owner will invoice and Developer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. All payments due to be made by Developer shall be made within thirty (30) days after receiving an invoice from Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Attachment Facilities Plant Investment cost shall be established in writing by Connecting Transmission Owner no later than 90 days following commercial operation. The Annual On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b) and (c) in O&M Attachment 1.
Fixed On-Going Charge Payment. The Transmission Owner will invoice and Developer shall pay an annual payment to the Transmission Owner equal to the product of the Gross Plant Investment associated with the Transmission Owner’s Attachment Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Developer shall be made within thirty (30) days after receiving an invoice from the Transmission Owner. The Project’s Gross Transmission Owner’s Attachment Facilities Plant Investment cost shall be established in writing by the TO no later than 90 days following commercial operation. The Annual On-Going Charge Factor shall be calculated annually each July based on the Company’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on Attachment 1 divided by the Total Gross Plant of the Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A(1)(a), (b) and (c) in Attachment 1.
Fixed On-Going Charge Payment. Connecting Transmission Owner will invoice and Developer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. All payments due to be made by Developer shall be made within thirty
Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Gross Plant Investment cost associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1.
Fixed On-Going Charge Payment. National Grid will invoice and Developer shall pay an annual payment to National Grid equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Attachment Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. All payments due to be made by Developer shall be made within thirty (30) days after receiving an invoice from National Grid. The Project’s Gross Connecting Transmission Owner’s Attachment Facilities Plant Investment cost shall be established in writing by National Grid no later than 90 days following commercial operation. The Annual On-Going Charge Factor shall be calculated annually each July based on National Grid’s most recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on O&M Attachment 1 divided by the Total Gross Plant of National Grid. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b) and (c) in O&M Attachment 1.
Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner.
Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor (as defined below), for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following Commercial Operation.
Fixed On-Going Charge Payment. The Interconnection Customer shall pay such O&M Expenses under the procedure described below: The Interconnection Customer shall pay all O&M Expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities. Any incremental property tax payment resulting from the addition of the Connecting Transmission Owner’s Interconnection Facilities will be the responsibility of the Interconnecting Customer and paid annually. A property tax assessment before and after construction of the Connecting Transmission Owner’s Interconnection Facilities will be determined and submitted to the Interconnection Customer for review. Interconnection Customer shall pay the actual incremental property tax liability incurred by the Connecting Transmission Owner resulting from the property assessment of Connecting Transmission Owner’s Interconnection Facilities dedicated to the project. All payments due to be made by the Interconnecting Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each calendar year for the most recent calendar year.
Fixed On-Going Charge Payment. As of the Effective Date, the total cost of the Connecting Transmission Owner’s Attachment Facilities is $886,000.00. Accordingly, Xxxxxxxxx’s monthly O&M Expenses shall be as follows: Developer shall pay to Connecting Transmission Owner for O&M Expenses each month during the term of this Agreement based on a FERC-approved methodology on an amount equal to 1/12 of the product of 7.525% and the total cost of such Connecting Transmission Owner’s Attachment Facilities as listed at Appendix A of this Agreement. The percentages may be updated annually. Estimated Monthly O&M calculation = 1/12 x 7.525% x $886,000.00 Estimated Monthly O&M payment = $5,555.96 The Developer shall pay for all reasonable and verifiable O&M Expenses incurred by Connecting Transmission Owner, which expenses shall be billed by Connecting Transmission Owner annually as accumulated during the year for which they were incurred.
Fixed On-Going Charge Payment. Connecting Transmission Owner will invoice, and Developer shall pay an annual payment to the Connecting Transmission Owner of twenty six thousand dollars ($26,000) annually as total compensation for the operation, maintenance, and repair of the Connecting Transmission Owner’s Attachment Facilities, for the term of this Agreement. All payments due to be made by Developer shall be made within thirty (30) days after receiving an invoice from Connecting Transmission Owner.
