Common use of Load Response Programs Clause in Contracts

Load Response Programs. Buyer will manage its load response programs in accordance with PJM Agreements as amended from time to time and with the provisions of its applicable riders and retail electric service tariffs, as amended and approved by the Maryland PSC from time to time or distribution utility customer contracts, as amended by the distribution utility from time to time. (a) Buyer shall be responsible for complying with all PJM Load Response Programs operating rules (including resource nominations, compliance reports, load drop estimates, and special studies) and any penalties assessed in accordance with the PJM Agreements for failure to implement its load response programs when so requested by PJM. Buyer shall be responsible for maintaining and operating any equipment currently relied upon to operate existing load response programs. (b) Buyer shall retain all of the benefits associated with its load response programs, including but not limited to all associated wholesale revenues from PJM for capacity, energy and ancillary services. (c) Buyer shall be responsible for all customer incentive payments as defined in Buyer’s applicable riders and retail electric service tariffs. (d) For Baltimore Gas and Electric Company’s (BGE’s) PJM Load Response Programs, Seller shall approve BGE’s registrations within the PJM Load Response Participation System applicable to Seller’s Monthly Settlement Load in a timely manner, subject to verifying the accuracy of such registrations. Seller’s verification of accuracy shall be limited to confirming the applicable load weighted Residential, Type I and Type II Monthly Settlement Base Prices. A timely manner shall be defined as the time within which the Seller must approve such registrations as set forth in the PJM Agreements. (e) For BGE’s PJM Load Response Programs, Seller shall approve load reductions within the PJM Load Response Participation System applicable to Seller’s Monthly Settlement Load in a timely manner. A timely manner shall be defined as the time within which the Seller must approve such load reductions as set forth in the PJM Agreements. Upon Seller’s request, BGE shall provide to Seller supporting data of such load reductions.