Payment for MEA Pooled Generation Sample Clauses

Payment for MEA Pooled Generation. Chugach will pay MEA a negotiated monthly capacity charge of $13.31 per kW per month x 16,500 kW per unit for 4 generating units unless Chugach, in Chugach’s sole judgment, deems that additional EGS generating capacity will improve economic efficiency, in which case Chugach also can request and pay a capacity charge for additional EGS units. The capacity charge will only apply to EGS units available for commercial operation at the start of the month. For billing purposes, units not available at the first of any month, but which later become available for commercial operation on or before the fifteenth of the month, will be billed a prorated capacity charge for that month equal to 50% of the monthly capacity charge. In addition, Chugach will pay MEA a negotiated monthly Operations and Maintenance charge of $0.01390 per kWh for each kWh of commercial operation by an EGS generating unit(s) during the month. Chugach will purchase the pooled energy and recover the costs from its members, including MEA, through Chugach’s fuel and purchased power rates.
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Related to Payment for MEA Pooled Generation

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  • Combination Product The term “

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  • Period for Review and Consideration of Agreement Executive understands he/she has been given a period of 21 days to review and consider this Agreement before signing it. Executive further understands he/she may use as much of the 21 day period as he/she wishes prior to signing.

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