Common use of Repayment of Amounts Advanced Regarding Non-Phased Generating Facilities Clause in Contracts

Repayment of Amounts Advanced Regarding Non-Phased Generating Facilities. Upon the Commercial Operation Date of a Generating Facility that is not a Phased Generating Facility, the Interconnection Customer shall be entitled to a repayment for the Interconnection Customer’s contribution to the cost of Network Upgrades as follows: (a) For Reliability Network Upgrades, the Interconnection Customer shall be entitled to a repayment of the Interconnection Customer’s assigned cost responsibility for Reliability Network Upgrades as set forth in Appendix G, up to a maximum of $60,000 per MW of generating capacity. For purposes of this determination, generating capacity will be based on the capacity of the Interconnection Customer’s Generating Facility at the time it achieves Commercial Operation. To the extent that such repayment does not cover all of the costs of Interconnection Customer’s Reliability Network Upgrades, the Interconnection Customer shall receive CRRs for that portion of its Reliability Network Upgrades that are not covered by cash repayment. (b) For Local Delivery Network Upgrades:

Appears in 4 contracts

Samples: Large Generator Interconnection Agreement, Large Generator Interconnection Agreement, Large Generator Interconnection Agreement

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