Common use of Incremental Energy Rate Clause in Contracts

Incremental Energy Rate. The Incremental Energy Rate is the sum of $100/MWh of Incremental Energy delivered to the Point of Delivery plus (a) with respect to the first 100 hours per Unit of Incremental Energy Dispatched by Buyer during any Contract Year, twenty percent (20%) of the Gross Margin resulting from such transaction, and (b) with respect to the next 150 hours per Unit of Incremental Energy Dispatched by Buyer in any Contract Year, thirty five (35%) of the Gross Margin resulting from such transaction.

Appears in 2 contracts

Samples: Power Sales Agreement (Aquila Inc), Power Sales Agreement (Aquila Inc)

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Incremental Energy Rate. The Incremental Energy Rate is ----------------------- the sum of $100/MWh of Incremental Energy delivered to the Point of Delivery plus (a) with respect to the first 100 hours per Unit of Incremental Energy Dispatched by Buyer during any Contract Year, twenty percent (20%) of the Gross Margin resulting from such transaction, and (b) with respect to the next 150 hours per Unit of Incremental Energy Dispatched by Buyer in any Contract Year, thirty five (35%) of the Gross Margin resulting from such transaction.

Appears in 2 contracts

Samples: Power Sales Agreement (Dominion Resources Inc /Va/), Power Sales Agreement (Dominion Resources Inc /Va/)

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