Receipts and Payments. A selling Company shall receive from a purchasing Company one hundred and ten percent (110%) of the Seller's Incremental Energy Cost for Pool Energy sold. A purchasing Company shall pay for Pool Energy received one hundred and ten percent (110%) of its portion of the aggregate of the Seller's Incremental Cost for Pool Energy. Where Pool Energy is purchased simultaneously by more than one Company these charges shall be pro rated in proportion to the megawatt-hours of Pool Energy purchased by each buyer.
Appears in 3 contracts
Samples: Operating Agreement (Public Service Co of Oklahoma), Operating Agreement (Southwestern Electric Power Co), Operating Agreement (American Electric Power Co Inc)
