Common use of Idaho Power Adjustment of Net Energy Amount Clause in Contracts

Idaho Power Adjustment of Net Energy Amount. If Idaho Power is excused from accepting the Seller’s Net Energy as specified in paragraph 14.2.1 or if the Seller declares a Suspension of Energy Deliveries as specified in paragraph 14.3.1 and the Seller’s declared Suspension of Energy Deliveries is accepted by Idaho Power, the Net Energy Amount as specified in paragraph 6.2 for the specific month in which the reduction or suspension under paragraph 14.2.1 or 14.3.1 occurs will be reduced in accordance with the following: Where: NEA = Current Month’s Net Energy Amount (Paragraph 6.2)

Appears in 4 contracts

Samples: Energy Sales Agreement (Us Geothermal Inc), Energy Sales Agreement (Us Geothermal Inc), Energy Sales Agreement (Us Geothermal Inc)

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