Common use of Hourly Energy Requirements Clause in Contracts

Hourly Energy Requirements. AEP will also provide to PJM each working day, via PJM’s eSchedule system, the initial hourly energy assignment (load plus losses) for each LSE in the AEP zone. This data will generally be supplied by 5:00 PM eastern prevailing time (EPT) on Monday for the prior Friday, Saturday and Sunday and by 1:00 PM EPT Tuesday through Friday for the prior weekday. PJM will use this data to calculate each LSE’s capacity obligation for each hour for the next day. Unless PJM has recognized a transfer of load obligation from or to the Customer (LSE) to or from another Customer (LSE), the capacity obligation will not change daily. Within two months of the end of each settlement month, AEP shall validate the LSE’s hourly load and submit the changes via the eSchedule system, as appropriate, for PJM to resettle the respective LSE’s account. If the basis used by PJM to receive hourly energy assignments for the LSE, or to calculate each LSE capacity obligation for each hour for the next day, is changed by PJM, AEP shall cooperate with PJM and the Customer to the extent necessary and appropriate to make available such data as needed.

Appears in 2 contracts

Samples: Facilities Agreement and Service Agreement, Facilities Agreement

AutoNDA by SimpleDocs

Hourly Energy Requirements. AEP will also provide to PJM each working day, via PJM’s eSchedule system, the initial hourly energy assignment (load plus losses) for each LSE in the AEP zone. This data will generally be supplied by 5:00 PM eastern prevailing time (EPT) on Monday for the prior Friday, Saturday and Sunday and by 1:00 PM EPT Tuesday through Friday for the prior weekday. PJM will use this data to calculate each LSE’s capacity obligation for each hour for the next day. Unless PJM has recognized a transfer of load obligation from or to the Customer (LSE) to or from another Customer (LSE), the capacity obligation will not change daily. Within two months of the end of each settlement month, AEP shall validate the LSE’s hourly load and submit the changes via the eSchedule system, as appropriate, for PJM to resettle the respective LSE’s account. If the basis used by PJM to receive hourly energy assignments for the LSE, or to calculate each LSE LSE’s capacity obligation for each hour for the next day, is changed by PJM, AEP shall cooperate with PJM and the Customer to the extent necessary and appropriate to make available such data as needed.

Appears in 2 contracts

Samples: Facilities Agreement, Second Revised Service Agreement

AutoNDA by SimpleDocs

Hourly Energy Requirements. AEP will also provide to PJM each working day, via PJM’s eSchedule system, the initial hourly energy assignment (load plus losses) for each LSE in the AEP zone. This data will generally be supplied by 5:00 PM eastern prevailing time (EPT) on Monday for the prior Friday, Saturday and Sunday and by 1:00 PM EPT Tuesday through Friday for the prior weekday. PJM will use this data to calculate each LSE’s capacity obligation for each hour for the next day. Unless PJM has recognized a transfer of load obligation from or to the Customer (LSE) to or from another Customer (LSE), the capacity obligation will not change daily. Within two months of the end of each settlement month, AEP shall validate the LSE’s hourly load and submit the changes via the eSchedule system, as appropriate, for PJM to resettle the respective LSE’s account. If the basis used by PJM to receive hourly energy assignments for the LSE, LSEs or to calculate each LSE LSEs capacity obligation for each hour for the next day, day is changed by PJM, AEP shall cooperate with PJM and the Customer to the extent necessary and appropriate to make available such data as is needed.

Appears in 2 contracts

Samples: Facilities Agreement, Facilities Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!