Examples of Alabama Power in a sentence
After the AMEPs are calculated for the Initial Period or an applicable Annual Period, Alabama Power shall calculate the difference of: (i) the total of the previously paid EMEPs for such period; minus (ii) the total of the calculated AMEPs for such period (such difference being referred to as the “True-up”).
Each such Qualifying Facility shall be responsible for all costs associated with any corresponding facilities, improvements and upgrades needed for interconnection of the Qualifying Facility or for delivery of energy to the load of Alabama Power Company.
If Alabama Power so terminates this Agreement, Alabama Power shall have no further obligation to purchase or receive, and QF shall have no further obligation to sell or provide, any energy under this Agreement.
A Qualifying Facility that seeks to make sales to Alabama Power Company under this rate shall be responsible for all costs of interconnection and the delivery of the energy from the Qualifying Facility to Alabama Power Company and the Alabama Power Company electrical system, including any costs related to or incurred as a result of the transmission of energy across the Alabama Power Company electrical system or other electrical systems.
In the event that such True-up is positive (i.e., the sum of the previously paid EMEPs for the applicable Initial Period or Annual Period is higher than the sum of AMEPs for such period), then such True-up shall be paid by QF pursuant to Section 8.1.2 of the Agreement or credited to Alabama Power on subsequent Monthly Statements.
In the event that such True-up is negative (i.e., the sum of the previously paid EMEPs for the applicable Initial Period or Annual Period is less than the sum of AMEPs for such period), then the absolute value of such True-up shall be paid by Alabama Power to QF.
As applicable, any Qualifying Facility requiring Electric Service from Alabama Power Company must obtain such service in accordance with applicable rates, rules and regulations on file with the Alabama Public Service Commission, including the Rules and Regulations for Electric Service.
QF acknowledges and agrees that the information contained within all Monthly Statements and all invoices under this Agreement, and all amounts paid by the Parties to one another under this Agreement, constitute confidential and proprietary information of Alabama Power (“Confidential Information”).
Should existing accounting standards be modified or new standards adopted which supersede the standards at the time of execution of this Agreement, then Appendix F shall be modified accordingly for QF and Alabama Power to account for this arrangement appropriately in their respective books and records.
Any Qualifying Facility that seeks to physically interconnect to Alabama Power Company’s electrical system in accordance with Rate CPE and either of the Standard Contracts offered through this rate must apply for interconnection and complete and execute a generation interconnection agreement prior to the project delivering energy to the Company.