Common use of Target Allocation for other Holders Clause in Contracts

Target Allocation for other Holders. A target allocation of Transmission Congestion Credits for each Transmission Customer or entity holding an FTR acquired by other means shall be determined for each Fixed Transmission Right. Each Fixed Transmission Right shall be multiplied by the hourly Locational Marginal Price differences for the receipt and delivery points associated with the Fixed Transmission Right, calculated as the Locational Marginal Price at the delivery point(s) minus the Locational Marginal Price at the receipt point(s). The total target allocation for the Transmission Customer for each hour shall be the sum of the target allocations associated with all of the Transmission Customer's Fixed Transmission Rights.

Appears in 5 contracts

Samples: Additional Member Agreement (PPL Electric Utilities Corp), Operating Agreement (Pp&l Resources Inc), Operating Agreement (Peco Energy Co)

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Target Allocation for other Holders. A target allocation of Transmission Congestion Credits for each Transmission Customer or entity holding an FTR acquired by other means shall be determined for each Fixed Transmission Right. Each Fixed Transmission Right shall be multiplied by the hourly Locational Marginal Day-ahead Price differences for the receipt and delivery points associated with the Fixed Transmission Right, calculated as the Locational Marginal Day-ahead Price at the delivery point(s) minus the Locational Marginal Price at the receipt point(s). The total target allocation for the Transmission Customer for each hour shall be the sum of the target allocations associated with all of the Transmission Customer's Fixed Transmission Rights.

Appears in 1 contract

Samples: Operating Agreement (PPL Electric Utilities Corp)

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