UNDERFREQUENCY RELAY CHARGES. If an Electric Distributor is determined to not have the required underfrequency relays, it shall pay an underfrequency relay charge of: Charge = D x R x 365 where D = the amount, in megawatts, the Electric Distributor is deficient; and R = the daily rate per megawatt, which shall be based on the annual carrying charges for a new combustion turbine generator, installed and connected to the transmission system, which daily deficiency rate as of the Effective Date shall be $58.400/per kilowatt-year or $160 per megawatt-day.
Appears in 6 contracts
Samples: Operating Agreement (PPL Electric Utilities Corp), Operating Agreement (Peco Energy Co), Operating Agreement (PPL Electric Utilities Corp)