O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below. Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 9 contracts
Samples: Standard Small Generator Interconnection Agreement, Interconnection Agreement, Standard Small Generator Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge FactorFactor (as defined below), for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationCommercial Operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 of this Agreement divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 5 contracts
Samples: Standard Small Generator Interconnection Agreement, Standard Small Generator Interconnection Agreement, Standard Small Generator Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his this Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 5 contracts
Samples: Standard Small Generator Interconnection Agreement, Standard Small Generator Interconnection Agreement, Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 5 contracts
Samples: Interconnection Agreement, Standard Small Generator Interconnection Agreement, Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 4 contracts
Samples: Standard Small Generator Interconnection Agreement, Standard Small Generator Interconnection Agreement, Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. .
Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Annual Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 3 contracts
Samples: Standard Small Generator Interconnection Agreement, Standard Small Generator Interconnection Agreement, Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge FactorFactor (as defined below), for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationCommercial Operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 of this Agreement divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:: Allocation Factor
(1) General Plant Allocation Factor shall equal Electric General Plant divided by the sum of Electric General Plant plus gas general plant as reported in the Annual Report filed with the New York State Public Service Commission.
(2) Gross Transmission Plant Allocation Factor shall equal the total investment in Transmission Plant in Service divided by the sum of the total Transmission Plant in Service plus the total Distribution Plant in Service, excluding Intangible Plant, General Plant and Common Plant.
Appears in 3 contracts
Samples: Standard Small Generator Interconnection Agreement, Standard Small Generator Interconnection Agreement, Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses expenses, including overheads associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 Facilities (“O&M Expenses”). The .
A. Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.:
Option 1: Fixed On-Going Charge Monthly Payment: The Connecting Transmission Owner will invoice and Interconnection Customer Customer’s monthly O&M Expenses shall pay an annual payment to be calculated on the Connecting Transmission Owner equal to the product actual cost of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Facilities. The estimated cost will be replaced with the actual cost and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. calculation will be as follows: Actual Monthly O&M calculation: 1/12 X 4.856% X $Actual Cost All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities actual cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. .
Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual reasonable and verifiable O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly annually as accumulated during the quarter year for which they were incurred.
B. O&M Expenses O&M Expenses shall include (but are not limited to): • Operation & Maintenance • Equipment Replacement • Administrative & General • Applicable Property and Other Taxes
C. Selection by Interconnection Customer Interconnection Customer shall select which option for paying O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after receiving from the Connecting Transmission Owner the Connecting Transmission Owner’s Interconnection Facilities Plant installed cost. If Interconnection Customer fails to provide timely notice (within 30 days of Interconnection Agreement execution) to Connecting Transmission Owner of the option selected, Interconnection Customer will be deemed to have selected the following option:
Option 1: Fixed On-Going Charge Payment. The Interconnection Customer shall pay such O&M Expenses under the procedure described below:
D. O&M Payment The Interconnection Customer shall pay all O&M Expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities. Any incremental property tax payment resulting from the addition of the Connecting Transmission Owner’s Interconnection Facilities will be the responsibility of the Interconnecting Customer and paid annually. A property tax assessment before and after construction of the Connecting Transmission Owner’s Interconnection Facilities will be determined and submitted to the Interconnection Customer for review. Interconnection Customer shall pay the actual incremental property tax liability incurred by the Connecting Transmission Owner resulting from the property assessment of Connecting Transmission Owner’s Interconnection Facilities dedicated to the project. All payments due to be made by the Interconnection Interconnecting Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter calendar year for the most recent quartercalendar year. Selection SERVICE AGREEMENT NO. 2545 Attachment 3 Attachment 4 In-Service Date: 07/01/2021 Critical milestones and responsibility as agreed to by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Parties: MILESTONE DATE RESPONSIBLE PARTY 1. Start engineering on Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the System Upgrade Facilities 07/31/2020 Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 2 contracts
Samples: Standard Small Generator Interconnection Agreement, Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this AgreementAgreement and Section F of this Attachment 2, the Orangeville Parties shall pay all reasonable expenses, including overheads (“O&M Expenses”) associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Customer Facilities (“O&M Expenses”). The Orangeville Parties shall be responsible pay such O&M Expenses under the procedure described below:
(a) Annual Actual O&M Payment The Orangeville Parties shall pay for all reasonable and verifiable O&M Expenses incurred by Connecting Transmission Owner, which expenses shall be billed by Connecting Transmission Owner annually as accumulated during the year for which they were incurred.
(b) O&M Expenses O&M Expenses shall include (but are not limited to): • Operation & Maintenance; • Equipment Replacement; • Administrative & General; and • Applicable Property and Other Taxes.
(c) O&M Payment The Orangeville Parties shall pay all O&M Expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have Any incremental property tax payment resulting from the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product addition of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities will be the responsibility of the Orangeville Parties and the Annual Transmission Ongoing Charge Factor, for the term paid annually. A property tax assessment before and after construction of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities will be determined and submitted to the Orangeville Parties for review. The Orangeville Parties shall pay the Small Generating Facilityactual incremental property tax liability incurred by the Connecting Transmission Owner resulting from the property assessment of Connecting Transmission Owner’s Interconnection Facilities dedicated to the Orangeville Parties. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer Orangeville Parties shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter calendar year for the most recent quartercalendar year. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:Attachment 3 Attachment 4 Milestones
Appears in 2 contracts
Samples: Standard Small Generator Interconnection Agreement, Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge FactorFactor (as defined below), for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationCommercial Operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 of this Agreement divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. .
Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Annual Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 2 contracts
Samples: Standard Small Generator Interconnection Agreement, Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4.1 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses (“O&M Expenses”) associated with the operation, maintenance, repair and replacement of the Connecting CTO AFsConnecting Transmission Owner’s Owner Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Appendix A. Interconnection Customer shall have the option to pay such O&M Expenses under either under the procedure described in Option 1 or in Option 2 below.
1. Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Owner Attachment FacilityInterconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection AttachmentInterconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c1)(a)(b) and (c) in O&M Attachment 1.
2. Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the calendar quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each calendar quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:.
Appears in 1 contract
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge FactorFactor (as defined below), for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationCommercial Operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 of this Agreement divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:: Allocation Factor
(1) General Plant Allocation Factor shall equal Electric General Plant divided by the sum of Electric General Plant plus gas general plant as reported in the Annual Report filed with the New York State Public Service Commission.
(2) Gross Transmission Plant Allocation Factor shall equal the total investment in Transmission Plant in Service divided by the sum of the total Transmission Plant in Service plus the total Distribution Plant in Service, excluding Intangible Plant, General Plant and Common Plant.
Appears in 1 contract
Samples: Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4.1 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses (“O&M Expenses”) associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection FacilitiesCTO AFs, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Appendix A. Interconnection Customer shall have the option to pay such O&M Expenses under either under the procedure described in Option 1 or in Option 2 below.
1. Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Attachment Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c1)(a)(b) and (c) in O&M Attachment 1.
2. Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the calendar quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each calendar quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:.
Appears in 1 contract
Samples: Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses expenses, including overheads (“O&M Expenses”) associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Owner Interconnection Facilities, as such facilities are detailed in this Attachment 2 Facilities (“O&M Expenses”). The SERVICE AGREEMENT NO. 2527
A. Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.:
Option 1: Fixed On-Going Charge Monthly Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product As of the Gross Plant Investment associated with Effective Date, the total cost of the Connecting Transmission Owner’s Interconnection Facilities and the Annual is $683,326.00. Accordingly, Interconnection Customer’s monthly O&M Expenses shall be as follows: The Interconnection Customer shall pay to Connecting Transmission Ongoing Charge Factor, Owner for O&M Expenses each month during the term of this Agreement. For purposes Agreement on an amount equal to 1/12 of his Agreement, Gross Plant Investment shall mean the investment from product of 4.497% and the plant account records associated with the total cost of such Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facilityas listed in Section E of this Attachment. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the Estimated Monthly O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in calculation = 1/12 x 4.497% x 683,326.00 Estimated Monthly O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. payment = $2,560.76 Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual reasonable and verifiable O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly annually as accumulated during the quarter year for which they were incurred. All payments due to be made by the Interconnection Customer .
B. O&M Expenses O&M Expenses shall be made within thirty include (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. but are not limited to): • Operation & Maintenance • Equipment Replacement • Administrative & General • Applicable Property and Other Taxes
C. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after receiving from the Gross Connecting Transmission Owner the Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customerinstalled cost. If the Interconnection Customer fails to provide timely notice (within 30 days of Interconnection Agreement execution) to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitionsoption: Option 1: Fixed On-Going Charge Payment. SERVICE AGREEMENT NO. 2527 The Interconnection Customer shall pay such O&M Expenses under the procedure described below:
D. O&M Payment
Appears in 1 contract
Samples: Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4.1 of this AgreementSGIA, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 Facilities (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
a) Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Attachment Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission OwnerCompany’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. .
b) Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:.
Appears in 1 contract
Samples: Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this AgreementAgreement and Section F of this Attachment 2, the Orangeville Parties shall pay all reasonable expenses, including overheads (“O&M Expenses”) associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Customer Facilities (“O&M Expenses”). The Orangeville Parties shall be responsible pay such O&M Expenses under the procedure described below:
(a) Annual Actual O&M Payment The Orangeville Parties shall pay for all reasonable and verifiable O&M Expenses incurred by Connecting Transmission Owner, which expenses shall be billed by Connecting Transmission Owner annually as accumulated during the year for which they were incurred.
(b) O&M Expenses O&M Expenses shall include (but are not limited to): • Operation & Maintenance; • Equipment Replacement; • Administrative & General; and • Applicable Property and Other Taxes.
(c) O&M Payment The Orangeville Parties shall pay all O&M Expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have Any incremental property tax payment resulting from the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product addition of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities will be the responsibility of the Orangeville Parties and the Annual Transmission Ongoing Charge Factor, for the term paid annually. A property tax assessment before and after construction of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities will be determined and submitted to the Orangeville Parties for review. The Orangeville Parties shall pay the Small Generating Facilityactual incremental property tax liability incurred by the Connecting Transmission Owner resulting from the property assessment of Connecting Transmission Owner’s Interconnection Facilities dedicated to the Orangeville Parties. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer Orangeville Parties shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter calendar year for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:calendar year.
Appears in 1 contract
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 Error! Reference source not found. of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his this Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 1 contract
Samples: Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge FactorFactor (as defined below), for the term of this Interconnection Agreement. For purposes of his this Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. .
Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Annual Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 1 contract
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. .
Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Annual Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 1 contract
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge FactorFactor (as defined below), for the term of this Interconnection Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationCommercial Operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 of this Agreement divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. .
Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Annual Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 1 contract
Samples: Interconnection Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Interconnection Customer shall have the option to pay such O&M Expenses either under the procedure described in Option 1 or in Option 2 below.
Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge FactorFactor (as defined below), for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx bill Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationCommercial Operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in O&M Attachment 1 of this Agreement divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1. Option 2: Quarterly Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued no more than 30 calendar days after the end of each quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:
Appears in 1 contract
Samples: Service Agreement
O&M EXPENSES FOR INTERCONNECTION FACILITIES. In accordance with Article 4.1.2 4.1 of this Agreement, the Interconnection Customer shall be responsible for all reasonable expenses (“O&M Expenses”) associated with the operation, maintenance, repair and replacement of the Connecting Transmission Owner’s Owner Interconnection Facilities, as such facilities are detailed in this Attachment 2 (“O&M Expenses”). The Appendix A. Interconnection Customer shall have the option to pay such O&M Expenses under either under the procedure described in Option 1 or in Option 2 below.
1. Option 1: Fixed On-Going Charge Payment: The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Owner Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Agreement. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Interconnection Facilities for the Small Generating Facility. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. Connecting Transmission Owner will xxxx Interconnection Customer for the O&M Expenses on a quarterly basis. The Project’s Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Connecting Transmission Owner’s most recent recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified in on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c1)(a)(b) and (c) in O&M Attachment 1.
2. Option 2: Quarterly Annual Actual O&M Expenses The Interconnection Customer shall pay for all actual O&M Expenses incurred by the Connecting Transmission Owner, which expenses shall be billed by the Connecting Transmission Owner quarterly as accumulated during the calendar quarter for which they were incurred. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner, which invoice shall be issued after the end of each calendar quarter for the most recent quarter. Selection by Interconnection Customer The Interconnection Customer shall select which option for paying such O&M Expenses by providing written notice to the Connecting Transmission Owner within thirty (30) days after the Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost and the most recent Annual Transmission Ongoing Charge Factor have been provided to the Interconnection Customer. If the Interconnection Customer fails to provide timely notice to the Connecting Transmission Owner of the option selected, the Interconnection Customer will be deemed to have selected Option 2: Quarterly Actual O&M Expenses. Capitalized terms used in this calculation will have the following definitions:.
Appears in 1 contract