Common use of XXX Period Capacity Payment Calculation Clause in Contracts

XXX Period Capacity Payment Calculation. (a) Each monthly XXX Period Capacity Payment is calculated on a calendar month basis as follows: XXX PERIOD CAPACITY PAYMENT in dollars = ACP x CAF Where: ACP = As-Available Capacity Payment for the XXX Period, as determined in accordance with Section 3(b) of this Exhibit B (1), in dollars per year. CAF = The CPUC approved Capacity Payment Allocation Factor for the XXX Period in the year, based upon the formula adopted by the CPUC in D.01-03- 067 and D.00-00-000. For purposes of this Agreement, the CPUC approved Capacity Payment Allocation Factors are as provided in the table below, allocated to each month of the season based on the proportion of the month’s hours in the XXX Period to the season’s hours in XXX Period, and may be updated per subsequent CPUC decision: Capacity Payment Allocation Factors Season XXX Period Factor Summer Peak 0.7619 Partial Peak .0238 Off Peak .0002 Super Off Peak 0.00000 Winter Peak N/A Partial Peak 0.2125 Off Peak 0.0015 Super Off Peak 0.00000

Appears in 3 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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XXX Period Capacity Payment Calculation. (a) Each monthly XXX Period Capacity Payment is calculated on a calendar month basis as follows: XXX PERIOD CAPACITY PAYMENT in dollars = ACP x CAF Where: Where:‌ ACP = As-Available Capacity Payment for the XXX Period, as determined in accordance with Section 3(b) of this Exhibit B (1), in dollars per year. CAF = The CPUC approved Capacity Payment Allocation Factor for the XXX Period in the year, based upon the formula adopted by the CPUC in D.01-03- 067 and D.00-00-000. For purposes of this Agreement, the CPUC approved Capacity Payment Allocation Factors are as provided in the table below, allocated to each month of the season based on the proportion of the month’s hours in the XXX Period to the season’s hours in XXX Period, and may be updated per subsequent CPUC decision: Capacity Payment Allocation Factors Season XXX Period Factor Summer Peak 0.7619 Partial Peak .0238 Off Peak .0002 Super Off Peak 0.00000 Winter Peak N/A Partial Peak 0.2125 Off Peak 0.0015 Super Off Peak 0.00000

Appears in 2 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

XXX Period Capacity Payment Calculation. (a) Each monthly XXX Period Capacity Payment is calculated on a calendar month basis as follows: XXX PERIOD CAPACITY PAYMENT in dollars = ACP x CAF Where: ACP = As-Available Capacity Payment for the XXX Period, as determined in accordance with Section 3(b) of this Exhibit B C (1), in dollars per year. CAF = The CPUC approved Capacity Payment Allocation Factor for the XXX Period in the year, based upon the formula adopted by the CPUC in D.01-03- 067 and D.00-00-000. For purposes of this Agreement, the CPUC approved Capacity Payment Allocation Factors are as provided in the table below, allocated to each month of the season based on the proportion of the month’s hours in the XXX Period to the season’s hours in XXX Period, and may be updated per subsequent CPUC decision: Capacity Payment Allocation Factors Season XXX Period Factor Summer Peak 0.7619 Partial Peak .0238 Off Peak .0002 Super Off Peak 0.00000 Winter Peak N/A Partial Peak 0.2125 Off Peak 0.0015 Super Off Peak 0.00000

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

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XXX Period Capacity Payment Calculation. (a) Each monthly XXX Period Capacity Payment is calculated on a calendar month basis as follows: XXX PERIOD CAPACITY PAYMENT in dollars = ACP x CAF Where: Where:‌ ACP = As-Available Capacity Payment for the XXX Period, as determined in accordance with Section 3(b) of this Exhibit B C (1), in dollars per year. CAF = The CPUC approved Capacity Payment Allocation Factor for the XXX Period in the year, based upon the formula adopted by the CPUC in D.01-03- 067 and D.00-00-000. For purposes of this Agreement, the CPUC approved Capacity Payment Allocation Factors are as provided in the table below, allocated to each month of the season based on the proportion of the month’s hours in the XXX Period to the season’s hours in XXX Period, and may be updated per subsequent CPUC decision: ID# [Number], [Seller’s Name] Capacity Payment Allocation Factors Season XXX Period Factor Summer Peak 0.7619 Partial Peak .0238 Off Peak .0002 Super Off Peak 0.00000 Winter Peak N/A Partial Peak 0.2125 Off Peak 0.0015 Super Off Peak 0.00000

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

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