Common use of Monthly Capacity Payment Clause in Contracts

Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows: a. If CAFm = [Bidder to insert %], MAAF = 1 b. If CAFm < [Bidder to insert %], MAAF = 1 - 2 x ([Bidder to insert] - CAFm) Provided, however, MAAF cannot be less than zero (0). CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1). where:

Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, any from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows: a. If CAFm = [Bidder to insert %], MAAF = 1 b. If CAFm < [Bidder to insert %], MAAF = 1 - 2 x ([Bidder to insert] - CAFm) Provided, however, MAAF cannot be less than zero (0). CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1). where:

Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows: a. If CAFm = [Bidder to insert ≥ 96%], MAAF = 1 b. If CAFm < [Bidder to insert 96%], MAAF = 1 - 2 x ([Bidder to insert] .96 - CAFm) Provided, however, MAAF cannot be less than zero (0). CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFhCAFh ”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1). where:

Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows: a. If CAFm = [Bidder to insert 96%], MAAF = 1 b. If CAFm < [Bidder to insert 96%], MAAF = 1 - 2 x ([Bidder .[Bidder to insert] 96 - CAFm) Provided, however, MAAF cannot be less than zero (0). CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1). where:

Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, any from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows: a. If CAFm = [Bidder to insert 96%], MAAF = 1 b. If CAFm < [Bidder to insert % 96%], MAAF = 1 - 2 x ([Bidder .[Bidder to insertinsert 96] - CAFm) Provided, however, MAAF cannot be less than zero (0). CAFm = Average Capacity Availability Factor for a month shall equal the sum of the hourly Capacity Availability Factors (“CAFh”) determined for each hour of such month, divided by the total number of hours in such month; and CAFh = (AD + DD) / AFCE Provided, however, CAFh cannot be more than one (1). where: