Common use of Fixed Price Component Clause in Contracts

Fixed Price Component. The Fixed Price Component of the Monthly Contract Payment shall be the amount in the following table for the year in which the payment is being calculated. For years after 2020, the Fixed Component shall be the 2020 payment multiplied by 1.02, compounded for each year beyond 2020. Year $/kwh 2009 0.02186 2010 0.02230 2011 0.02274 2012 0.02319 2013 0.02365 2014 0.02367 2015 0.02369 2016 0.02372 2017 0.02375 2018 0.02379 2019 0.02382 2020 0.02386

Fixed Price Component. The Fixed Price Component of the Monthly Contract Payment shall be the amount in the following table for the year in which the payment is being calculated. For years after 2020, the Fixed Component shall be the 2020 payment multiplied by 1.02, compounded for each year beyond 2020. Year $/kwh 2009 0.009440 0.02186 2010 0.009452 0.02230 2011 0.009464 0.02274 2012 0.009480 0.02319 2013 0.009500 0.02365 2014 0.009516 0.02367 2015 0.009532 0.02369 2016 0.009548 0.02372 2017 0.009560 0.02375 2018 0.009568 0.02379 2019 0.009564 0.02382 2020 0.009560 0.02386