Generation Charge Sample Clauses

Generation Charge. The charge for producing electricity. Generation service is competitively priced and is not regulated by the Public Utility Commission. If you purchase electricity from an electric supplier, your generation charge will depend on the contract between you and your supplier.
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Generation Charge. ILPI shall pay the generation charge consisting of variable and fixed charges, subject to annual. adjustments. The generation charge to be paid by ILPI will depend on whether power is delivered before the Commercial Operation Date or beginning on Commercial Operation Date. ILPI will pay the Monthly Payments for electricity supplied beginning on Commercial Operation and the Commissioning Output Charge for electricity supplied prior to the Commercial Operation Date; A. Beginning on Commercial Operation Date A.1 Capital Recovery Fees (CRF) Capital Recovery Fees which shall be computed as follows: CRF Where: = CRFbase* CC * [Forexadj + 100%] CRFbase = Forexconst = Base Capital Recovery Fee, in PhP1,414.52/ kW The weighted average Foreign exchange rate (in PhP per US$), as certified by an independent external auditor, based on actual receipts for dollar-denominated payments made to contractors during construction and ERC Case No. 2015-007 RC ORDER/February 2, 2015 development until the Scheduled Operations Date The total amount subject to adjustment for changes in the Foreign exchange rate shall not exceed US$45.5 million To illustrate, if PSPEI pays for US$ 20 Million of the total US$45.5 Million budget at a Foreign Exchange rate of PhP45.00 per US$1.00 and pays for the remaining US$ 25.5 Million in PhP40.00 per US$1.00, the FOreXadj shall be computed as ((PhP45.00 per US$1.00)*(US$20 Million) + (PhP40.00 per US$1.00) * (US$25.5 Million))/(US$45.5 per US$1.00 Million) or PhP42.20 FOreXadj = CRFbase = ForeXbase = The factor to adjust the CRFbase for changes in the Foreign exchange rate (PhP per US$) during construction and development. It shall be computed as the percent increase or decrease of the ForexCONST to the Forexbasemultiplied by 98.69% To illustrate, if ForexCONST equals PhP42.20 per US$1.00, FOreXadsj hall be [(PhP42.20 per US$1.00/ PhP42.00 per US$1.00) -1] * (98.690/0) or 0.46% Base Capital. Recovery Fee, in PhP1,414.52/ kW PhP42.00 per US$1.00 ERC Case No. 2015-007 RC ORDER/February 2, 2015 A.2 Fixed Operation & Maintenance Fee (Fixed O&M) The Fixed O&M Fee covers the operating and maintenance costs of the Power Plant. It shall be computed according to the following formula: Fixed O&M = [(PH O&Mbase * PH CPI Index) + (US O&M base * US CPI Index * FX Index) ] * CC Where: PH O&Mbase = Actual Base Philippine Peso O&M Fee in PhP418.34/kW PH CPI Index = Which shall be calculated as the ratio of the Philippine Consumer Price Index (CPI) for All items, a...
Sample 1
Generation Charge. DASURECO shall pay the generation charge consisting of variable and fixed charges, subject to adjustments. The generation charges for pre-commercial operation and during commercial operation are computed based on the Base Energy Rate (BER) computation as follows: BER = (FCbase+ VCbase)/Energy Where: CRFkwbase = PhP1,924.48/kW = PhP474.75/kW = PhP30.64/kW VCbase= [DCPbase]*[Forex base]*[MCR]*[Energy]/Conversion Factor Where: DCPbase = US$72/MT ERC Case No. 2014-133 RC ORDER/September 15, 2014 Page 8 of 16 . Forexbase MCR = PHP 41.12/US$ = 0.70kg/kWh Conversion Factor = 1,000 kg/MT
Sample 1
Generation Charge. ILPI shall pay the generation charge consisting of variable and fixed charges, subject to annual adjustments. The generation charge to be paid by ILPI will depend on whether power is delivered before the Commercial Operation Date or beginning on Commercial Operation Date. ILPI will pay the Monthly Payments for electricity supplied beginning on Commercial Operation and the Commissioning Output Charge for electricity supplied prior to the Commercial Operation Date: A. Beginning on Commercial Operation Date
Sample 1
Generation Charge. ILPI shall pay the generation charge consisting of variable and fixed charges, subject to annual adjustments. The generation charge to be paid by ILPI will depend on whether power is delivered before the Commercial Operation Date or beginning on Commercial Operation Date. ILPI will pay the Monthly Payments for electricity supplied beginning on Commercial Operation and the Commissioning Output Charge for electricity supplied prior to the Commercial Operation Date; A. Beginning on Commercial Operation Date 1. 1157 kg/kWh and escalated thereafter at rate of 1.5% per year. In the event that any types of Biomass other than rice hulls are available for the use in the Plant and such use is technically and commercially feasible, the CRbiomas8shall be adjusted to reflect the applicable consumption rate for such type of biomass (1-Y) = Percentage of energy derived from Biomass Conversion Factor = 1,000 kglMT Savingsblomass = Zero or 50% .,.[(Coal Cost'" CReoD1) • (Biomass Cost • CRblomasa)]/ConversionFactor'" ED .,. (1 - Y), whichever is higher PSPEI has the option to source coal from local sources or procure biomass if the fuel cost for the locally sourced coal or biomass is lower than the fuel cost for foreign sourced fuel as computed in accordance with the above formula Taxes shall mean Value Added Tax and other applicable taxes, if any ERC Case No. 2015·007 RC ORDER/February 2, 2015 The Reimbursable Cost Payment for each billing period shall be derived from the definitions of Replacement Capacity and Energy and Back-up Capacity and Energy under Section 8.6, based on the following formula: A.6.1 Replacement Capacity and Energy Costs (RCEC) ILPI shall pay PSPEI Replacement Capacity and Energy Costs in accordance with the invoice provided by PSPEI of the Replacement Capacity and Energy ILPI shall pay PSPEI Backup Capacity and Energy Cost equivalent to the Monthly Payment had there been no Forced Outage This refers to any applicable ancillary charges by NGCP for the capacity nominated for ILPI For reference, a sample computation of Monthly Payments is shown in Schedule C of the PSA For electricity supplied by PSPEI prior to the Commercial Operation Date, ILPI shall pay Commissioning Output Charge. The Commissioning Output Charge shall be computed as follows: ERC Case No. 2015·007 RC ORDER/February 2, 2015 Commissioning Output Charge = Variable O&M + Fuel Cost + Taxes = Computed in accordance with A.3 above = Computed in accordance with A.4 above = as defined in A.S ...
Sample 1
Generation Charge. XXXXXX shall pay the generation charge consisting of administrative charge, fixed charge and energy charge, as follows: Monthly Generation Charge = Administrative Charge + Fixed Administration Charge = (PhP100.64/kW/month) x (CD) x (LCP1/LCPO) ERC Case No. 2015-035 RC ORDER/May 4, 2015 Fixed Charge Energy Charge = (PhP1,628.69/kW/month) x (CD) = L Demandschedx BER/LF x I- n, such that if In"< 1, In = 1 Administration Charge = (PhP100.64/kW/month) x (CD) x (LCP1/LCPO) CD Demandsched = Contracted Demand = Hourly Scheduled Demand, as defined under Schedule 2 BER = Base Energy Rate, LF = PhP3.034/kWh Load Factor, L Demandnom / Monthly Contracted Energy In = Inflation Factor for the Billing Month
Sample 1

Related to Generation Charge

  • Transportation Charges The cost of transporting Employees and Material necessary for the Mining Operations.

  • Transmission Charge The cost for transporting electricity from the generation source to your electric distribution company. For most electric customers who select a new supplier, transmission costs will be included in the charges from your new supplier. The Federal Energy Regulatory Commission regulates retail transmission prices and services. This charge will vary with your source of supply.

  • TRANSACTION CHARGES will be charged for each transaction recorded on the shareholder accounting system, including, but not limited to, the following transactions: · Share purchases; · Share redemptions; · Fund liquidations; · Dividends; · Wire order purchases and redemptions (placement and confirmations); · Exchanges; · Account maintenance such as address changes; · Transfers; and · Account opening. For transactions within the 529 portfolios, FTIS will allocate the transaction fee on a pro-rata basis to the underlying Funds based on the 529 portfolio's holdings in such Funds.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • User Charges 1. User charges that may be imposed by the competent charging authorities or bodies of each Party on the airlines of the other Party shall be just, reasonable, not unjustly discriminatory, and equitably apportioned among categories of users. In any event, any such user charges shall be assessed on the airlines of the other Party on terms not less favorable than the most favorable terms available to any other airline at the time the charges are assessed. 2. User charges imposed on the airlines of the other Party may reflect, but shall not exceed, the full cost to the competent charging authorities or bodies of providing the appropriate airport, airport environmental, air navigation, and aviation security facilities and services at the airport or within the airport system. Such charges may include a reasonable return on assets, after depreciation. Facilities and services for which charges are made shall be provided on an efficient and economic basis. 3. Each Party shall encourage consultations between the competent charging authorities or bodies in its territory and the airlines using the services and facilities, and shall encourage the competent charging authorities or bodies and the airlines to exchange such information as may be necessary to permit an accurate review of the reasonableness of the charges in accordance with the principles of paragraphs 1 and 2 of this Article. Each Party shall encourage the competent charging authorities to provide users with reasonable notice of any proposal for changes in user charges to enable users to express their views before changes are made. 4. Neither Party shall be held, in dispute resolution procedures pursuant to Article 14, to be in breach of a provision of this Article, unless (a) it fails to undertake a review of the charge or practice that is the subject of complaint by the other Party within a reasonable amount of time; or (b) following such a review it fails to take all steps within its power to remedy any charge or practice that is inconsistent with this Article.

  • CONTRACT CHARGES The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW); Capped Time and Materials; Price per Story; Time and Materials; Fixed Price (to be used only for Services that are ancillary to software development services); or using such other pricing mechanism or combination of pricing mechanism thereof as may be agreed by the Parties. In consideration of the Supplier’s performance of its obligations under this Contract and in consideration of the specific services that are set out in an applicable SOW, the Customer shall pay the undisputed Contract Charges in accordance with the relevant SOW for the Release and the payment provisions set out at Clause 14 (Payment and VAT). The Customer shall, in addition to the Contract Charges and following delivery by the Supplier of an Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with this Contract. If at any time during this Contract Period the Supplier reduces its framework Prices for any Services which are provided under the framework Agreement (whether or not such Services are offered in a catalogue (if any) which is provided under the framework Agreement) in accordance with the terms of the framework Agreement, the Supplier shall immediately reduce the Contract Charges for such Services under this Contract by the same amount. The Supplier shall in any event ensure that the Contract Charges are at all times compliant and consistent with the charging structure set out in framework Schedule 8 (Charging Structure) and do not exceed the prices set out therein. Contract Charges:

  • SALES AND ORDER PROCESSING CHARGE Contractor shall sell its products to END USERS based on the pricing and terms of this Agreement. H-GAC will invoice Contractor for the applicable order processing charge when H-GAC receives notification of an END USER order. Contractor shall remit to H-GAC the full amount of the applicable order processing charge, after delivery of any product or service and subsequent END USER acceptance. Payment of the Order Processing Charge shall be remitted from Contractor to H-GAC, within thirty (30) calendar days or ten (10) business days after receipt of an END USER’s payment, whichever comes first, notwithstanding Contractor’s receipt of invoice. For sales made by Contractor based on this Agreement, including sales to entities without Interlocal Agreements, Contractor shall pay the applicable order processing charges to H-GAC. Further, Contractor agrees to encourage entities who are not members of H-GAC’s Cooperative Purchasing Program to execute an H-GAC Interlocal Agreement. H-GAC reserves the right to take appropriate actions including, but not limited to, Agreement termination if Contractor fails to promptly remit the appropriate order processing charge to H-GAC. In no event shall H-GAC have any liability to Contractor for any goods or services an END USER procures from Contractor. At all times, Contractor shall remain liable to pay to H-GAC any order processing charges on any portion of the Agreement actually performed, and for which compensation was received by Contractor.

  • Termination Charges Any provision requiring the Agency to pay a fixed amount or liquidated damages upon termination of the agreement is hereby deleted. The Agency may only agree to reimburse a Vendor for actual costs incurred or losses sustained during the current fiscal year due to wrongful termination by the Agency prior to the end of any current agreement term.

  • Interconnection Customer Compensation If the CAISO requests or directs the Interconnection Customer to provide a service pursuant to Articles 9.6.3 (Payment for Reactive Power) or 13.5.1 of this LGIA, the CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff.

  • Interconnection Customer (1) Interconnection Customer shall construct and, unless otherwise indicated, shall own, the following Interconnection Facilities: None (2) In the event that, in accordance with the Interconnection Construction Service Agreement, Interconnection Customer has exercised the Option to Build, it is hereby permitted to build in accordance with and subject to the conditions and limitations set forth in that Section, the following portions of the Transmission Owner Interconnection Facilities which constitute or are part of the Customer Facility: None Ownership of the facilities built by Interconnection Customer pursuant to the Option to Build shall be as provided in the Interconnection Construction Service Agreement.

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