Common use of Wholesale TSC Formula Clause in Contracts

Wholesale TSC Formula. Each Transmission Owner, except NYPA, shall calculate its TSC applicable to Transmission Service to serve Load within or exiting the NYCA at its Transmission District as follows: WHOLESALE TSC = {(RR:12) + (CCC:12) - SR - ECR - CRR - WR - Reserved}/(BU:12). Where: RR = The Annual Transmission Revenue Requirement, as stated in Table 1 of this Attachment. Gross Receipts Tax (“GRT”) treatment by each individual company is described in Section 14.1.7. Revenues from grandfathered agreements listed on Attachment H-1 are treated as a revenue credit in the RR; CCC = The annual Scheduling, System Control and Dispatch Costs of the individual Transmission Owner (i.e., the transmission component of control center costs) as stated on Table 1 of this Attachment;

Appears in 5 contracts

Samples: Service Agreement, nyisoviewer.etariff.biz, nyisoviewer.etariff.biz

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.