Actual Capacity Factor definition

Actual Capacity Factor means, with respect to a Designated System, the capacity factor of such Designated System indicated by Seller in its ABP Part II Application and as recorded in Schedule B to the Product Order. The Actual Capacity Factor shall be less than or equal to the Proposed Capacity Factor.

Actual Capacity Factor. For any Year, the quotient (expressed as a percentage) obtained by dividing: (a) the Delivered Capacity for such Year by (b) the sum of (i) the product of the Maximum Capacity — Summer and the number of hours in the Summer Period during such Year, and (ii) the product of the Maximum Capacity — Winter and the number of hours in the Winter Period during such Year. Notwithstanding the foregoing provisions, (A) the Actual Capacity Factor for each of 1998 and 1999 shall be deemed conclusively to be 91.629% and 85.721%, respectively, and (B) the Actual Capacity Factor for each of 2004, 2009, 2014 and 2019 shall be deemed conclusively to be the quotient obtained pursuant to the calculation in the preceding sentence, plus three percent (3%). Without limiting the generality of the foregoing provisions, the Actual Capacity Factor shall also be calculated for all of the Year 2000.

Examples of Actual Capacity Factor in a sentence

• This includes: 14 • Actual Net MWh to BPA from Substation15 • Actual Capacity Factor Percentage16 • Estimated Generation MWh17 • Estimated Capacity Factor Percentage18Q.Can you determine the net and gross generation?19A.Yes.

• Actual Capacity Factor for the preceding month (C) Changes in capacity.

• If the Actual Capacity Factor for any year is greater than the Average Capacity Factor, the Tracking Account is increased, but no additional revenue is recognized.

• If the Actual Capacity Factor for any year is less than the Average Capacity Factor, the Tracking Account is decreased and the Venture will recognize additional revenue from the Capacity Purchase Payment Adjustment to the extent of the positive balance in the Tracking Account.

• Contract Price = $____/REC Actual Capacity Factor: _____% Contract Capacity Factor: _____% Actual Nameplate Capacity: _______kW (AC Rating) Contract Nameplate Capacity: _______kW (AC Rating) Designated System Contract Maximum REC Quantity = _______RECs REC Purchase Payment Amount = Contract Price x Designated System Contract Maximum REC Quantity.