Common use of Provision for Energy Charge Clause in Contracts

Provision for Energy Charge. The rate for Energy received by a receiving Company from specified unit(s) shall be the Variable Cost of Energy produced from each specified unit(s) plus ten (10) percent of such costs or three (3) xxxxx per kilowatt-hour, whichever is less.

Appears in 3 contracts

Samples: Operating Agreement (Public Service Co of Oklahoma), Operating Agreement (American Electric Power Co Inc), Operating Agreement (Southwestern Electric Power Co)

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Provision for Energy Charge. The rate for Energy received by a receiving Company from specified unit(s) shall be the Variable Cost of Energy produced from each specified unit(s) plus ten (10) percent of such costs or three (3) xxxxx per kilowatt-hour, whichever is less.. SCHEDULE D PAYMENTS AND RECEIPTS FOR POOL ENERGY EXCHANGES AMONG THE COMPANIES

Appears in 2 contracts

Samples: Operating Agreement (American Electric Power Co Inc), Operating Agreement (Public Service Co of Oklahoma)

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