– Monthly Reserve Sharing Capacity Rate To Be Adjusted For Production Resource Sample Clauses

– Monthly Reserve Sharing Capacity Rate To Be Adjusted For Production Resource. Change: If a peaking facility or an equivalent purchased resource of an OPERATING COMPANY is placed in commercial operation or available for scheduling by the 15th day of the month established by the Operating Committee as part of the coordinated planning process, the budgeted investment cost or annual capacity rate will be used in the determination of the monthly reserve sharing capacity rate for such OPERATING COMPANY for that and subsequent months of the calendar year. If the facility or resource is not placed in commercial operation or available for scheduling by the 15th day of such month, the cost basis established under Section 5.2, as used to derive the monthly reserve sharing capacity rate for the previous month, will remain in effect until the month in which the facility or resource is in commercial operation or available for scheduling on or before the 15th day.
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Related to – Monthly Reserve Sharing Capacity Rate To Be Adjusted For Production Resource

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