Common use of Variable Fee Clause in Contracts

Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. of eve- ry calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ k + 2 k / k + 1 ⎜ L ⎝ k − 2 k − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3)

Appears in 2 contracts

Samples: Storage Agreement, Storage Agreement

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Variable Fee. (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. 6:00 a. m. of eve- ry every calendar year k+1 (adjustment date): L S G = VFF ⋅ ⎜0,3  0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 k + 1/ 1 / k + 2 k / k + 1 ⎜ L ⎝ k − 2 Sk − 2 k − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year k+1/k+2 (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year k+1/k+2 to be calculated (from April 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year k/k+1 (from April 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeitenArbeitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2015 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2015 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" VFFk+1/k+2 in €/MWh shall be commercially rounded to three decimal places according to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of producer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. (1) The customer Customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 AprilApril 1, 6:00 a.m. of eve- ry calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 ⎜ 0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ k + 2 k / k + 1 ⎜ L ⎝ k − 2 k − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from April 1 April of calendar year k+1 to April 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from April 1 April of current calendar year k to April 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" in €/MWh shall be commercially rounded to three decimal places ac- cording to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to indus- trial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of pro- ducer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. 6:00 a. m. of eve- ry every calendar year k+1 (adjustment date): L S G ⎞ =   VFF ⋅ ⎜0,3 +   0,3  0,05 k 1 + 0,25 k 1 + 0,4 k 1 k + 1/  1 / k + 2 k / k + 1 ⎜ L ⎝ k −  Sk  2 k 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year k+1/k+2 (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year k+1/k+2 to be calculated (from April 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year k/k+1 (from April 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeitenArbeitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2015 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2015 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" VFFk+1/k+2 in €/MWh shall be commercially rounded to three decimal places according to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of producer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. (1) The customer Customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 AprilApril 1, 6:00 a.m. of eve- ry calendar year k+1 (adjustment date): L S G = VFF ⋅ ⎜0,3   0,3 + 0,05 k − 1 + 0,25 k − 1 + 0,4 k − 1 k + 1/ k + 2 k / k + 1 L k − 2 k − 2 k − 2 Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from April 1 April of calendar year k+1 to April 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from April 1 April of current calendar year k to April 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" in €/MWh shall be commercially rounded to three decimal places ac- cording to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to indus- trial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of pro- ducer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 AprilApril 1, 6:00 a.m. 6:00 a. m. of eve- ry every calendar year k+1 (adjustment date): L S G ⎞ =   VFF ⋅ ⎜0,3 +  0,3  0,05 k 1 + 0,25 k 1 + 0,4 k 1 k + 1/ k + 2 k / k + 1 L k 2 k 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year k+1/k+2 (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year k+1/k+2 to be calculated (from April 1 April of calendar year k+1 to April 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year k/k+1 (from April 1 April of current calendar year k to April 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 2010 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeitenArbeitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2010 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 619, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2010 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 629, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" VFFk+1/k+2 in €/MWh shall be commercially rounded to three decimal places according to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of producer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. of eve- ry calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ k + 2 k / k + 1 ⎜ L ⎝ k − 2 k − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 2020 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" in €/MWh shall be commercially rounded to three decimal places ac- cording to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to indus- trial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of pro- ducer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date. .

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. of eve- ry calendar every calen- dar year k+1 (adjustment date): L S G ⎞ =   VFF ⋅ ⎜0,3 +  0,3  0,05 k 1 + 0,25 k 1 + 0,4 k 1 k + 1/ k + 2 k / k + 1 L k 2 k 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 2020 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2015 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeu- gerpreise)" [Prices. Prices and Price indices for industrial products (pro- ducer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statis- tischen Bundesamtes [Publications of Federal Statistical Office] Xxxx- xxxxx, Xxxxxxxxx 00, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2015 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Er- zeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" in €/MWh shall be commercially rounded to three decimal places ac- cording to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to spe- cial customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of pro- ducer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date. .

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. 6:00 a. m. of eve- ry every calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 ⎜ 0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ k + 2 k / k + 1 ⎜ L ⎝ k − 2 k Sk − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year k+1/k+2 (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year k+1/k+2 to be calculated (from April 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year k/k+1 (from April 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 2020 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeitenArbeitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2015 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2015 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" VFFk+1/k+2 in €/MWh shall be commercially rounded to three decimal places according to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of producer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 AprilApril 1, 6:00 a.m. 6:00 a. m. of eve- ry every calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ k + 2 k / k + 1 ⎜ L ⎝ k − 2 k − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year k+1/k+2 (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year k+1/k+2 to be calculated (from April 1 April of calendar year k+1 to April 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year k/k+1 (from April 1 April of current calendar year k to April 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 2010 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeitenArbeitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2010 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 619, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2010 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 629, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" VFFk+1/k+2 in €/MWh shall be commercially rounded to three decimal places according to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of producer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

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Variable Fee. (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 AprilApril 1, 6:00 a.m. of eve- ry calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 ⎜ 0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ 1 / k + 2 k / k + 1 ⎜ L ⎝ k Lk − 2 k Sk − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from April 1 April of calendar year k+1 to April 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from April 1 April of current calendar year k to April 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" in €/MWh shall be commercially rounded to three decimal places ac- cording to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to indus- trial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of pro- ducer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if /MWh that may need be, to be adjusted by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 4.4 of the Operating ManualManual Hub. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. 06:00 a. m. of eve- ry every calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 ⎜ 0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ 1 / k + 2 k / k + 1 ⎜ L ⎝ k − 2 k − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3)

Appears in 1 contract

Samples: Gas Storage Agreement

Variable Fee. ‌ (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 April, 6:00 a.m. 6:00 a. m. of eve- ry every calendar year k+1 (adjustment date): ⎛ L S G ⎞ = VFF ⋅ ⎜0,3 ⎜ 0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 ⎟ k + 1/ 1 / k + 2 k / k + 1 ⎜ L ⎝ k − 2 k Sk − 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year k+1/k+2 (VFFk+1/k+2) shall be already calculated on 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year k+1/k+2 to be calculated (from April 1 April of calendar year k+1 to 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year k/k+1 (from April 1 April of current calendar year k to 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 2020 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeitenArbeitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2015 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2015 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" VFFk+1/k+2 in €/MWh shall be commercially rounded to three decimal places according to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of producer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 AprilApril 1, 6:00 a.m. of eve- ry calendar year k+1 (adjustment date): L S G ⎞ =   VFF ⋅ ⎜0,3 +   0,3  0,05 k 1 + 0,25 k 1 + 0,4 k 1 k + 1/ k + 2 k / k + 1 L k 2 k 2 k − 2 ⎠ Thus the "variable fee" factor for the respective following storage year (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year to be calculated (from April 1 April of calendar year k+1 to April 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year (from April 1 April of current calendar year k to April 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 623, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial custom- ers (2015 = 100) based on the annual average of the calendar years k- 1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial pro- ducts (producer prices], cipher 1, cons. no. 634, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" in €/MWh shall be commercially rounded to three decimal places ac- cording to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to indus- trial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. (4) If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of pro- ducer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

Variable Fee. (1) The customer shall pay to VGS a variable fee during the service period. This variable fee shall be determined based on the gas quantities (MWh) injected by the customer in the storage month concerned multiplied by the "variable fee" factor given in number 2.2 of the Annex "Capacities and Storage Fee" in €/MWh, if need be, by using the fee adjustment formula given in section (3). (2) The gas quantities injected follow from the gas quantities notified by the confirmation or reduction notice as per number 4.5 of the Operating Manual. (3) The "variable fee" factor not yet quantified for a relevant period in the Annex "Capaci- ties Capacities and Storage Fee" shall be determined by an adjustment of the "variable fee" factor based on the adjustment formula given below with effect from 1 AprilApril 1, 6:00 a.m. 6:00 a. m. of eve- ry every calendar year k+1 (adjustment date): L S G = VFF ⋅ ⎜0,3  0,3 + 0,05 ⋅ k − 1 + 0,25 ⋅ k − 1 + 0,4 ⋅ k − 1 k + 1/ k + 2 k / k + 1 L k − 2 k − 2 k − 2 Thus the "variable fee" factor for the respective following storage year k+1/k+2 (VFFk+1/k+2) shall be already calculated on April 1 April of the current calendar year k (calculation date). In the above formula means: VFFk+1/k+2 "variable fee" factor in €/MWh for the storage year k+1/k+2 to be calculated (from April 1 April of calendar year k+1 to April 1 April of the following calendar year k+2) VFFk/k+1 "variable fee" factor in €/MWh for the current storage year k/k+1 (from April 1 April of current calendar year k to April 1 April of the following calendar year k+1) Lk-1 or Lk-2 Index of agreed monthly earnings of power supply sector employees (2015 2010 = 100) based on the annual average of the calendar year k-1 or k-2 ("Verdienste und Arbeitskosten. Index der Tarifverdienste und Ar- beitszeitenArbeitszeiten“, [Earnings and labour costs. Index of agreed wages and working hours], cipher 2.1, WZ 2008-D, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 16, Reihe 4.3) Sk-1 or Sk-2 Index of producer prices for electric power supplied to special customers (2010 = 100) based on the annual average of the calendar years k-1 or k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 619, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) Gk-1 or Gk-2 Index of producer prices for natural gas supplied to industrial customers (2010 = 100) based on the annual average of the calendar years k-1 and k-2 ("Preise. Preise und Preisindizes für gewerbliche Produkte (Erzeugerpreise)" [Prices. Prices and Price indices for industrial products (producer prices], cipher 1, cons. no. 629, in: Veröffentlichungen des Statistischen Bundesamtes [Publications of Federal Statistical Office] Wiesbaden, Fachserie 17, Reihe 2) The "variable fee" VFFk+1/k+2 in €/MWh shall be commercially rounded to three decimal places according to DIN 1333. If the Federal Statistical Office adjusts the index of agreed monthly earnings for power supply sector employees, the index of producer prices for electric power supplied to special customers and/or the index of producer prices for natural gas supplied to industrial customers to a new base year, the new series published from this date shall apply up to the next calculation date for future adjustments of the "variable fee" factor. If the index of the agreed monthly earnings for energy supply sector employees, index of producer prices for electric power supplied to special customers and/or index of producer prices for natural gas supplied to industrial customers is replaced, materially changed or no longer published, VGS shall be entitled as of the date of such change to define a different index that comes as close as possible to the commercial concept of the adjustment procedure described and becomes effective from the next calculation date.

Appears in 1 contract

Samples: Storage Agreement

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