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.
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Actual Capacity Factor means, with respect to a Designated System, the capacity factor of such Designated System indicated by Seller in its SFA 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.
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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.
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Examples of Actual Capacity Factor in a sentence

  • 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.

  • Contract Price = $____/REC Actual Capacity Factor: _____% Contract Capacity Factor: _____% Year-1 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 = $________________ Collateral Requirement = $________________ Stranded Customer REC Adder, if applicable: [ ] Yes.

  • Upon the issuance of such written notice to Buyer and Seller, the Designated System shall be so removed, and Buyer shall 3 Unless provided otherwise, all information relevant to the Designated System recorded at Energization, including the Actual Nameplate Capacity, Actual Capacity Factor and any applicable Subscription information at Energization, are based on information in Seller’s ABP Part II Application for such Designated System.


More Definitions of Actual 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.
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