Average Fuel Cost definition

Average Fuel Cost means the average price per gallon paid by the Council for all diesel fuel used for bus purposes in the applicable calendar month, weighted by quantities purchased at different prices;
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Average Fuel Cost means the average fuel cost incurred by the Mill during the month to generate one MMBTU of steam, which shall be determined by: (A) aggregating the cost to the Mill Owner of the Fuel Type used by the Mill to produce steam during the month, but with the cost of the liquor from the pulp- making process used as a fuel in the recovery boilers being valued at zero for this purpose, and (B) dividing the result by the sum of: (x) the aggregate fuel value of all of the Fuel Types used by the Mill during the month, which shall be determined by multiplying the number of units of each
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Average Fuel Cost means the average fuel cost incurred by the Mill during the month to generate one MMBTU of steam, which shall be determined by: (A) aggregating the cost to the Mill Owner of the Fuel Type used by the Mill to produce steam during the month, but with the cost of the liquor from the pulp-making process used as a fuel in the recovery boilers being valued at zero for this purpose, and (B) dividing the result by the sum of: (x) the aggregate fuel value of all of the Fuel Types used by the Mill during the month, which shall be determined by multiplying the number of units of each Fuel Type used by the Mill during the month by the Fuel Value Per Unit for that Fuel Type and adding together the products so determined, plus (y) the aggregate Energy Value of the 600 pound steam and the 1,500 pound steam generated by recovery boiler #1 and recovery boiler #2, respectively, during the month.
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Examples of Average Fuel Cost in a sentence

  • The CAISO Monthly Billed Fuel Cost is given by Equation C5-1: Equation C4-1 CAISO Monthly Billed Fuel Cost = Billable MWh * Monthly Average Fuel Cost ($MWh) Where:  Monthly Average Fuel Cost ($ / MWh) = Negotiated Cost Based Amount.

  • The CAISO Monthly Billed Fuel Cost is given by Equation C5-1: Equation C4-1 CAISO Monthly Billed Fuel Cost = Billable MWh * Monthly Average Fuel Cost ($MWh) Where: • Monthly Average Fuel Cost ($ / MWh) = Negotiated Cost Based Amount.

  • The CAISO Monthly Billed Fuel Cost is given by Equation C5-1: Equation C4-1 CAISO Monthly Billed Fuel Cost = Billable MWh * Monthly Average Fuel Cost ($MWh) Where: Monthly Average Fuel Cost ($ / MWh) = Negotiated Cost Based Amount.

  • Where: The CAISO Monthly Billed Fuel Cost is given by Equation C5-1: Equation C4-1 CAISO Monthly Billed Fuel Cost = Billable MWh * Monthly Average Fuel Cost ($MWh) Monthly Average Fuel Cost ($ / MWh) = Negotiated Cost Based Amount.

  • The CAISO Monthly Billed Fuel Cost is given by Equation C5-1: Equation C4-1 CAISO Monthly Billed Fuel Cost = Billable MWh * Monthly Average Fuel Cost ($MWh) Where:  Monthly Average Fuel Cost ($ / MWh) = Negotiated Cost Based Amount.

  • The fuel cost surcharge for coach buses will be equal to the Total Miles for service using coach buses divided by the average miles per gallon consumption rate in the calendar month for all coach` buses operated by the Council in service to the City times the difference between the Average Fuel Cost and the Ceiling Price.

  • The fuel cost surcharge for articulated buses will be equal to the Total Miles for service using articulated buses divided by the average miles per gallon consumption rate in the calendar month for all articulated buses operated by the Council in service to the City times the difference between the Average Fuel Cost and the Ceiling Price.

  • The fuel cost surcharge for 40-foot buses will be equal to the Total Miles for service using 40-foot buses divided by the average miles per gallon consumption rate in the calendar month for all 40-foot buses operated by the Council in service to the City as listed in Exhibit B times the difference between the Average Fuel Cost and the Ceiling Price.

  • If the Average Fuel Cost in any calendar month during the term of this Agreement exceeds the applicable Ceiling Price set forth in the table below, the Council will apply and the City will pay a fuel cost surcharge for the month for 40-foot, articulated, and coach buses.

Related to Average Fuel Cost

  • Normal cost means the annual cost attributable, under the actuarial cost method in use, to current and future years as of a particular valuation date, excluding any payment in respect of an unfunded actuarial liability.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Average value means the value which best represents the amount of the nutrient which a given food contains, and reflects allowances for seasonal variability, patterns of consumption and other factors which may cause the actual value to vary.

  • Average weekly discharge limitation means the highest allowable average of "daily discharges'' over a calendar week, calculated as the sum of all "daily discharges'' measured during a calendar week divided by the number of "daily discharges'' measured during that week. Each of the following 7-day periods is defined as a calendar week: Week 1 is Days 1 - 7 of the month; Week 2 is Days 8 - 14; Week 3 is Days 15 - 21; and Week 4 is Days 22 - 28. If the "daily discharge" on days 29, 30 or 31 exceeds the "average weekly" discharge limitation, Ohio EPA may elect to evaluate the last 7 days of the month as Week 4 instead of Days 22 - 28. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Average Daily Flow means the cumulative total sewage flow to the sewage works during a calendar year divided by the number of days during which sewage was flowing to the sewage works that year;

  • Total cost means the total annual cost of benefits and related costs including but not limited to claims, administration expenses, insurance premiums, consulting, auditing and advisory fees and all other costs and taxes, as reported on the insurance carrier’s most recent yearly statement, and if any, premium costs on other district school area board or public school authority statements, for the year ending no later than August 31, 2015. The aforementioned statements are to be provided to the Ministry of Education. Total Cost excludes retiree costs. The average number of Full-Time Equivalent (FTE) positions in the bargaining unit as at October 31st and March 31st for the period consistent with this clause.

  • Average Wholesale Price or “AWP” means the wholesale price charged on a specific commodity that is assigned by the drug manufacturer and is listed in a nationally-recognized drug pricing file.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Index Price on a given date means the weighted average (weighted in accordance with the factors listed above) of the closing prices of the companies comprising the Index Group.

  • Average weekly wage means the amount derived by dividing an

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Baseline Value means $158.09, the per share closing price of the Common Stock reported by The New York Stock Exchange for the last trading date preceding January 1, 2013. For purposes of the REIT Index and S&P Index measures used in determining the attainment of each of the respective Relative TSR Goals, the baseline value for each shall also be the ending value of the applicable index as of the last day of the year prior to the Effective Date.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Declared Monthly Consumption means the Declared Monthly Consumption set out in the Acceptance Form for Electricity Supply.

  • Consumption of a chemical means its conversion into another chemical via a chemical reaction.

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Blended fuel means a mixture composed of gasoline or diesel fuel and another liquid, other than a