Common use of Wholesale Renewable Energy Program Clause in Contracts

Wholesale Renewable Energy Program. In the event that the Customer ceases operations at the Facility or otherwise stops taking service at the Facility at any time within the Term of this Agreement, the Customer shall pay EKPC/Cooperative the difference, if positive, of the levelized cost of existing renewable energy contracts less the forward market value of equivalent renewable energy times the prior three years’ average production times the shorter of the Agreement Term or the remaining years of the renewable energy contract term(s) within 30 days from the date the Customer ceases operations at the Facility or stops taking service at the Facility; and

Wholesale Renewable Energy Program. In the event that the Customer ceases operations at the Facility or otherwise stops taking service at the Facility at any time within the Term of this Agreement, the Customer shall pay EKPC/Cooperative the difference, if positive, of the levelized cost of existing renewable energy contracts less the forward market value of equivalent renewable energy times the prior three years’ average production times the shorter of the Agreement exist Term or the remaining years of the renewable energy contract ntract term(s) within 30 days omer ceases operations at the the forward market va times the prior three y shorter of the Agreem the renewable energy from the date the Customer ceases operations at the C Facility or stops taking service at the Facility; andtakin