Power Charges Sample Clauses
The Power Charges clause defines the costs and fees associated with the supply and consumption of electrical power under an agreement. It typically outlines how charges are calculated, such as based on metered usage, fixed rates, or variable tariffs, and may specify billing intervals, payment terms, and any applicable surcharges or penalties for overuse. This clause ensures both parties understand their financial obligations regarding power usage, thereby preventing disputes and promoting transparency in cost allocation.
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Power Charges. The ▇▇▇▇▇ Company shall pay ▇▇▇▇▇ R&M for power consumed by Air Products' for the manufacture and delivery of High Pressure Hydrogen supplied to the ▇▇▇▇▇ Company each month. The monthly Power Charge is composed of a Capacity Charge, an operations and maintenance charge (O&M Charge), and a Fuel Charge as follows: Pc\\n\\ = (CC + OM\\n\\)* ACF\\n\\ / 0.95 * TKWH\\n\\ / GKWH\\n\\ + FC\\n\\ * (TKWH\\n\\ -FALKWH\\n\\) Where: Pc\\n\\ = The Power Charge for billing month n. CC = The monthly Capacity Charge of $321,333. Om\\n\\ = The O&M Charge as calculated pursuant to Section 5.1.3 for billing month n. ACF\\n\\ = The Average Capacity Factor calculated on a rolling average basis for the most recent 36 month period, including the current billing month n, or for the actual number of billing months since the Commencement Date, in accordance to Section 5.1.1. Schedule 4.4 Services and Supply Agreement TKWH\\n\\ = The total KWH consumed by Air Products' 4.16 kV loads as measured at the Air Products' 4.16 kV switchgear for all hourly periods in billing month n including those hourly periods when generator CG-500 is not operating. Fc\\n\\ = The Fuel Charge as calculated pursuant to Section 5.1.4 for billing month n. GKWH\\n\\ = The gross KWH delivered by Air Products at the Generator Terminal during billing month n. FALKWH\\n\\ = The total KWH consumed by Air Products' Facility Auxiliary Load as determined in accordance with Section 5.1.2 during billing month n. Commencement Date shall have the meaning given such term in Section 2.1 of the Hydrogen Supply Agreement.
Power Charges. Each month, the greater of (i) the Power Charge for the aggregate amount of power actually consumed (expressed in kWh) by all power-consuming devices in the Customer Area, and (ii) the Power Charge for the volume of power represented by the then-current Specified Power Draw (expressed in kWh).
Power Charges. The Power Charges for each location‟s Facilities shall initially be borne by the Concessionaire, which shall be reimbursed by NMCG to the Concessionaire, subject to a cap of the Power Charges based on the Location‟s Guaranteed Energy Consumption. For Tolly‟s Nallah Facilities, only the DWF Guaranteed Energy Consumption limit will be applicable for the months of January, February, March, April, May, June, November and December. During this period, the Concessionaire will not be reimbursed for any SWF pumping. The reimbursement for SWF pumping will be made only in the months of July, August, September and October. The Power Charges for any given quarter of the O&M Period will be calculated as follows: For the units of energy consumed from the grid (as evidenced by a copy of the bill issued by the distribution licensee), the Power Charges will be calculated by multiplying the number of units consumed in such quarter (subject to the Guaranteed Energy Consumption for the energy consumed by the relevant Facility) with the Power Unit Rate. If the Concessionaire procures power from outside West Bengal, then, the Power Unit Rate will be the prevalent power unit rate in West Bengal or the tariff at which the Concessionaire procures power from outside West Bengal , whichever is lower. If there is any interruption in the supply of power from the grid, and the Concessionaire uses backup power supply from the DG Sets for the O&M, then, the Concessionaire's Representative and the KMC shall jointly take readings from the meters installed at the DG Sets to determine the number of units of energy consumed from the DG Sets for O&M of the relevant Facility; the number of units of energy consumed from the DG Sets (determined as per (I) above) shall be adjusted such that the aggregate of the total number of units consumed from the grid and the total number of units consumed from the DG Sets shall not exceed the Guaranteed Energy Consumption for the relevant Location (Adjusted DG Set Units); the quantity of diesel consumed to generate the Adjusted DG Set Units in the relevant quarter shall be calculated by the KMC based on the rated specific fuel consumption of the DG Sets specified by the manufacturers of the DG Sets; and the Power Charges for the Adjusted DG Set Units will be calculated by multiplying the quantity of diesel consumed (determined as per (III) above) with the Fuel Price. For each Location, the Concessionaire shall be liable to pay Liquidated Damages to the KMC fo...
Power Charges. Power Charges shall have the meaning set forth in the Rate Agreement.
Power Charges. Power Charges comprise of: -
(i) Unit Consumption Charges (KVAH)
(ii) Fixed Monthly Charges (iii) Vending Charges
Power Charges. (a) The Commission hereby covenants and agrees to calculate, revise and impose, from time to time, Power Charges sufficient to provide moneys in the amounts and at the times necessary to satisfy the Retail Revenue Requirements as specified by the Department.
(b) Power Charges and Bond Charges shall be established by the Commission without regard to the levels or amounts of any particular rates or charges authorized by the Commission to be charged by any Electrical Corporation for electrical power sold by such Electrical Corporation.
(c) The Commission acknowledges that, as provided by Section 80112 of the Act, Power Charges shall be property of the Department for all purposes under California law.
(d) The Commission agrees that it shall calculate and impose Power Charges no later than 120 days following the delivery to the Commission by the Department of a statement of new or revised Retail Revenue Requirements that complies with Article IV hereof.
Power Charges. In the case where you have servers co-located within the facilities of our Third-Party Provider, you have been allocated a certain amount of power for each piece of equipment, as outlined in the Agreement.
Power Charges. (a) Power may be charged separately and in addition to any colocation services fees, as specified in a Service Order.
(b) Notwithstanding any other provision of this Service Schedule, 2degrees may pass on to the Customer all increases in the cost of power immediately they occur. Any such increased power rates automatically supersede existing rates. 2degrees must notify the Customer promptly after any such increase in rates. A failure to notify does not negate the Customer’s obligation to pay the higher rates.
Power Charges. 3.1 Where power and space for the co-location and/or hosting services are not billed separately the parties agree that the power inclusive co-location rack will form 60% of the total area used by the Customer and the remaining area will form 40%. If electricity prices rise M247 shall be entitled to increase the cost of the co-location and/or hosting services by 60% to reflect the increase of the electricity prices.
3.2 Where power is itemised and billed separately M247 shall be entitled to pass on to the Customer any increase in the electricity prices for such power.
Power Charges. Buyer shall pay Seller each billing month a capacity charge ("Capacity Charge"), an operations and maintenance charge ("O&M Charge"), a fuel charge ("Fuel Charge"), together known as the "Power Charge" for the supply of power as follows: PCn = (CCc + OMn) x ACFn - FCn x (GKWHn - FALKWHn) ------------------ 0.95 Where: PCn = The Power Charge for billing month n. CCc = The monthly Capacity Charge of $321,333. OMn = The monthly O&M Charge as calculated pursuant to Section 8.2.1 for billing month n. ACFn = The Average Capacity Factor calculated on a rolling average basis for the most recent 36 month period, including the current billing month n, or for the actual number of billing months since the Commencement Date if less than 36 billing months have elapsed since the Commencement Date, in accordance with Section 7.2.1. FCn = The monthly Fuel Charge as calculated pursuant to Section 8.2.2 for billing month n. GKWHn = The gross KWH delivered by the Seller at the Generator Terminal during billing month n. FALKWHn = The total KWH consumed by Seller's Facility Auxiliary Load as determined in accordance with Section 7.2.2 during billing month n.