Common use of Power Costs Clause in Contracts

Power Costs. Power costs for pumping surplus water shall consist of the cost of capacity, energy and additional transmission service required for the delivery of surplus water, including but not limited to the following: (1) To the extent utilized for pumping surplus water: (i) The cost of power purchased for pumping entitlement water, (ii) The value of project recovery plant generation scheduled for pumping entitlement water, and (iii) The value of project recovery plant generation not scheduled for pumping entitlement water; and (2) Power purchased specifically for pumping surplus water including power ordered pursuant to subdivision (d) of this article. The cost and value of power in (1)(i) and (ii) of this subdivision shall be credited to the pumping plant power cost attributable to annual entitlement water; the value of power in (1)(iii) that is generated by entitlement water shall be added to the net value of power attributable to such entitlement water; and the value of power in (1)(iii) that is generated by surplus water shall be credited to the costs incurred in pumping such surplus water. The State shall determine the cost of power for pumping surplus water so that sufficient revenue will be available to the State to cover both the cost of purchased power and the value of recovery plant generation.

Power Costs. ‌ Power costs for pumping surplus water shall consist of the cost of capacity, energy and additional transmission service required for the delivery of surplus water, including but not limited to the following: (1) To the extent utilized for pumping surplus water: (i) The cost of power purchased for pumping entitlement water, (ii) The value of project recovery plant generation scheduled for pumping entitlement water, and (iii) The value of project recovery plant generation not scheduled for pumping entitlement water; and (2) Power purchased specifically for pumping surplus water including power ordered pursuant to subdivision (d) of this article. The cost and value of power in (1)(i) and (ii) of this subdivision shall be credited to the pumping plant power cost attributable to annual entitlement water; the value of power in (1)(iii) that is generated by entitlement water shall be added to the net value of power attributable to such entitlement water; and the value of power in (1)(iii) that is generated by surplus water shall be credited to the costs incurred in pumping such surplus water. The State shall determine the cost of power for pumping surplus water so that sufficient revenue will be available to the State to cover both the cost of purchased power and the value of recovery plant generation.