Revenue Credit. Power Services will receive a payment of at least $50,834,800 each year of the Rate Period from Transmission Services in exchange for planned balancing reserve capacity provided from the FCRPS as described in sections 3, 4 and 5 above. Power Services will set power rates with the revenue credit expectation that it will receive $54,834,800 from Transmission Services. This section 12 is subject to section 17(b) below.
Appears in 3 contracts
Samples: Partial Settlement Agreement, Partial Settlement Agreement, Partial Settlement Agreement
Revenue Credit. Power Services will receive a payment of at least $50,834,800 each year of the Rate Period from Transmission Services in exchange for planned balancing reserve capacity provided from the FCRPS as described in sections 3, 4 and 5 above. Power Services will set power rates with the revenue credit expectation that it will receive $54,834,800 from Transmission Services. This section 12 is subject to section 17(b16(b) below.
Appears in 1 contract
Samples: Partial Settlement Agreement
