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Hourly Fuel Price Sample Clauses

Hourly Fuel Price. The Hourly Fuel Price for Units shall be the same for each hour of a given day and is calculated in accordance with Equation C1-8. Hourly Fuel Price ($/MMBtu) = Commodity Price ($/MMBtu) + Intrastate Transportation Rate ($/MMBtu) Hourly Fuel Price ($/MMBtu) = Commodity Price ($/MMBtu) + Transportation Rate ($/MMBtu) For the Facilities within the service area of SCE or SDG&E, the Commodity Price shall be the product of 1.02 and the simple average of the following indices: Gas Daily, SoCal Gas, Large Packages index (midpoint) BTU Daily Gas Wire, SoCal Border index, Topock NGI Daily Gas Price Index, Southern California Border (average) For the Facilities within the service territory of PG&E, the Commodity Price shall be the product of
Hourly Fuel Price. The Hourly Fuel Price for Units shall be the same for each hour of a given day and is calculated in accordance with Equation C1-8. Hourly Fuel Price ($/MMBtu) = Commodity Price ($/MMBtu) + Intrastate Transportation Rate ($/MMBtu) Equation C1-8 (Oil) Hourly Fuel Price ($/MMBtu) = Commodity Price ($/MMBtu) + Transportation Rate ($/MMBtu) For the Facilities within the service area of SCE or SDG&E, the Commodity Price shall be the product of 1.02 and the simple average of the following indices: Gas Daily, SoCal Gas, Large Packages index (midpoint) BTU Daily Gas Wire, SoCal Border index, Topock NGI Daily Gas Price Index, Southern California Border (average) For the Facilities within the service territory of PG&E, the Commodity Price shall be the product of 1.02 and the simple average of the following indices: Gas Daily, PG&E Citygate index (midpoint) NGI Daily Gas Price Index, PG&E Citygate (average) The indices to be used for each Settlement Period in a given day are shown in Table C1-
Hourly Fuel Price. The Hourly Fuel Price for Units shall be the same for each hour of a given day and is calculated in accordance with Equation C1-8. Hourly Fuel Price ($/MMBtu) = Commodity Price ($/MMBtu) + Intrastate Transportation Rate ($/MMBtu) Hourly Fuel Price ($/MMBtu) = Commodity Price ($/MMBtu) + Transportation Rate ($/MMBtu) For the Facilities within the service area of SCE or SDG&E, the Commodity Price shall be the product of 1.02 and the simple average of the following indices: Gas Daily, SoCal Gas, Large Packages index (midpoint) BTU Daily Gas Wire, SoCal Border index, Topock NGI Daily Gas Price Index, Southern California Border (average) For the Facilities within the service territory of PG&E, the Commodity Price shall be the product of 1.02 and the simple average of the following indices: Gas Daily, PG&E Citygate index (midpoint) NGI Daily Gas Price Index, PG&E Citygate (average) The indices to be used for each Settlement Period in a given day are shown in Table C1-8. Where more than one day’s index is shown for a Trading Day, the average of the two daily indices should be used. If an applicable index for a day, which is used to compute the index’s average for a Trading Day, is not published, then that index will not be used to compute the Commodity Price for that trading day. If no index for a day is published, then the average of applicable indices on the Index Publication Date preceding and the Index Publication Date following such day will be substituted for the Index Publication Date index for that day in Table C1-8. In the event that an index ceases to be published, Parties shall agree on a replacement index. Natural Gas Price Indices Index Publication Date* Trading Day Gas Daily ** Btu Daily ** Gas Wire NGI Daily ** Price Index Tuesday Tuesday/ Wednesday Monday/ Tuesday Tuesday/ Wednesday Wednesday Wednesday/ Thursday Tuesday/ Wednesday Wednesday/ Thursday Thursday Thursday/ Friday Wednesday/ Thursday Thursday/ Friday Friday Friday/ Monday Thursday/ Friday Friday/ Monday Saturday Monday/ Tuesday Friday/ Monday Monday/ Tuesday Sunday Monday/ Tuesday Friday/ Monday Monday/ Tuesday Monday Monday/ Tuesday Friday/ Monday Monday/ Tuesday *The Index Publication Date is the date of the publication which contains the prices for the applicable Trading Day. **Where more than one day’s index is shown for a Trading Day, the average of the two daily indices should be used.

Related to Hourly Fuel Price

  • Unit Price Unless the bidder clearly indicates that the price is based on consideration of being awarded the entire lot and that an adjustment to the price was made based on receiving the entire bid, any difference between the unit price correctly extended and the total price shown for all items shall be offered shall be resolved in favor of the unit price.

  • Supply Price The price payable by SAVIENT to NOF for the Activated PEG manufactured and supplied by NOF pursuant to SAVIENT’s Firm Orders (“Supply Price”) shall be as set out in Exhibit C, and the price for each order shall be calculated based on SAVIENT’s total Forecast for the Year in which the order is placed regardless of whether NOF shall complete delivery in the Year in which it is ordered. By way of example, if SAVIENT’s Forecast for a particular Year is for [**] kg of the Activated PEG, then orders placed during that Year will be charged at US$[**]/Kg. If at the end of any Year actual orders purchased by SAVIENT do not fall within the applicable quantity range of the original Forecast, then the Price for the Activated PEG purchased during that Year shall be adjusted to reflect that actual volume of Activated PEG purchased by SAVIENT, provided, however, if the actual amount purchased by SAVIENT is less than Forecasted due to [**], then the Price for the Activated PEG purchased by Savient shall be based on [**]. Upon adjustment, if necessary, either SAVIENT shall pay to NOF or NOF shall credit to SAVIENT, as applicable, the balance based on the said adjustment. Any amounts owing by SAVIENT to NOF pursuant to this provision shall be remitted within [**] days of the SAVIENT’s receipt of a reconciliation statement which sets forth in specific detail the amounts purchased by SAVIENT during the Year in question; any credits owing by NOF to SAVIENT shall be applied to [**]. Provided, however, that SAVIENT shall pay to NOF only such amount as corresponds with the amount of Activated PEG which is actually delivered to SAVIENT or SAVIENT’S designee pursuant to the terms of this Agreement.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • C1 Contract Price In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • Contract Amount Compensation amount(s), when stated in this Bid Specifications, shall not be construed as either the maximum or minimum amount which Department shall be obligated to accept as the result of this Bid Specifications or any Agreement entered into as a result of this Bid Specifications.

  • Economic Price Adjustment is the adjustment to the Aircraft Basic Price (Base Airframe, Engine and Special Features) as calculated pursuant to Exhibit D.

  • Contract Price 3.1 For full and complete performance, OWNER agrees to pay CONTRACTOR the sum of $15,165.00 payable in accordance with the terms hereof and to the satisfaction of the OWNER.

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

  • Unit Price Work Work to be paid for on the basis of unit prices as defined and described in the Contract Documents. A percentage markup for overhead or profit shall be included in all unit prices.

  • Delivery Point The delivery point is the point of delivery of the Power Product to the CAISO Controlled Grid (the “Delivery Point”). Seller shall provide and convey to Buyer the Power Product from the Generating Facility at the Delivery Point. Title to and risk of loss related to the Power Product transfer from Seller to Buyer at the Delivery Point.