Purpose and Overview. The purpose of this Formula For Determination of Annual Revenue Requirements ("Formula") is to specify the method for determining the Annual Revenue Requirements, and certain components thereof, of particular must-run generating units for each Cost Year. Part B of this Formula contains the specifications for the components of costs that may be included in the Annual Revenue Requirements of individual designated must-run generating units (i.e., for each "Subject Resource"). Part C of this Formula sets forth (i) general instructions for the use and application of the Formula, and (ii) certain general definitions of terms used herein.
Appears in 11 contracts
Samples: Must Run Service Agreement, Must Run Service Agreement, Must Run Service Agreement
