Common use of Responsibility to Pay Locational Reliability Charge Clause in Contracts

Responsibility to Pay Locational Reliability Charge. Except to the extent its capacity obligations are satisfied through the FRR Alternative, each Party shall pay, as to the loads it serves in each Zone during a Delivery Year, a Locational Reliability Charge for each such Zone during such Delivery Year. The Locational Reliability Charge shall equal such Party’s Daily Unforced Capacity Obligation in a Zone, as determined pursuant to Schedule 8 of this Agreement, times the Final Zonal Capacity Price for such Zone, as determined pursuant to Attachment DD of the PJM Tariff.

Appears in 2 contracts

Samples: Reliability Assurance Agreement, Reliability Assurance Agreement

AutoNDA by SimpleDocs

Responsibility to Pay Locational Reliability Charge. Except to the extent its capacity obligations are satisfied through the FRR Alternative, each Party shall pay, as to the loads it serves in each Zone during a Delivery Year, a Locational Reliability Charge for each such Zone during such Delivery Year. The Locational Reliability Charge shall equal such Party’s Daily Unforced Capacity Obligation in a Zone, as determined pursuant to RAA, Schedule 8 of this Agreement8, times the Final Zonal Capacity Price for such Zone, as determined pursuant to Tariff, Attachment DD of the PJM TariffDD.

Appears in 1 contract

Samples: Reliability Assurance Agreement

AutoNDA by SimpleDocs

Responsibility to Pay Locational Reliability Charge. Except to the extent its capacity obligations are satisfied through the FRR Alternative, each Party shall pay, as to the loads it serves in each Zone during a Delivery Year, a Locational Reliability Charge for each such Zone during such Delivery Year. The Locational Reliability Charge shall equal such Party’s Daily Unforced Capacity Obligation in a Zone, as determined pursuant to RAA, Schedule 8 of this Agreement, times the Final Zonal Capacity Price for such Zone, as determined pursuant to Tariff, Attachment DD of the PJM Tariff.

Appears in 1 contract

Samples: pjm.com

Time is Money Join Law Insider Premium to draft better contracts faster.