Avoidable Cost Rate definition

Avoidable Cost Rate means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. “Balancing Congestion Charges” shall be equal to the sum of congestion charges collected from Market Participants that are purchasing energy in the Real-time Energy Market minus [the sum of congestion charges paid to Market Participants that are selling energy in the Real-time Energy Market plus any congestion charges calculated pursuant to the Joint Operating Agreement between the Midcontinent Independent Transmission System Operator, Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 38), plus any congestion charges calculated pursuant to the Joint Operating Agreement Among and Between New York Independent System Operator Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 45), plus any congestion charges calculated pursuant to agreements between the Office of the Interconnection and other entities, plus any charges or credits calculated pursuant to Operating Agreement, Schedule 1, section 3.8, and the parallel provisions of Tariff, Attachment K-Appendix, section 3.8, as applicable)].
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Avoidable Cost Rate means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6.
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Avoidable Cost Rate means a component of the Market Seller Offer Cap calculated in accordance with section 6.
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Examples of Avoidable Cost Rate in a sentence

  • Straight time labor expenses may be included under an Avoidable Cost Rate in the RPM auction.

  • PJM OATT Attachment DD Section 6.8(a) defines the formula to calculate the Avoidable Cost Rate for a Generation Capacity Resource that is the subject of a Sell Offer.

  • The Market Monitoring Unit shall calculate the Projected PJM Market Revenues for any Generation Capacity Resource to which the Avoidable Cost Rate is applied pursuant to Section 6.8(d) of Attachment DD, and notify the Capacity Market Seller and the Office of the Interconnection of its determination in writing by no later than ninety (90) days prior to the commencement of the offer period for the applicable RPM Auction.

  • PJM, 169 FERC ¶ 61,239 at P 2 (“[T]he default offer price floor for applicable new resources will be the Net Cost of New Entry (Net CONE) for their resource class; the default offer price floor for applicable existing resources will be the Net Avoidable Cost Rate (Net ACR) for their resource class.” (footnotes omitted)); id.

  • Projected PJM Market Revenues are defined by section 6.8(d) below, for any Generation Capacity Resource to which the Avoidable Cost Rate is applied.

  • The Market Monitoring Unit shall calculate the Projected PJM Market Revenues for any Generation Capacity Resource to which the Avoidable Cost Rate is applied pursuant to Tariff, Attachment DD, section 6.8(d), and notify the Capacity Market Seller and the Office of the Interconnection of its determination in writing by no later than ninety (90) days prior to the commencement of the offer period for the applicable RPM Auction.

  • Going forward, the default offer price floor for applicable new resources4 will be the Net Cost of New Entry (Net CONE) for their resource class; the default offer price floor for applicable existing resources5 will be the Net Avoidable Cost Rate (Net ACR) for their resource class.

  • Similarly, we reject PJM’s proposed Tariff revisions relating to 331 Id. at 5-6.332 Market Monitor Comments on First Compliance Filing at 9 (citing Gross Avoidable Cost Rate for Existing Generation & Net Cost of New Entry for New Energy Efficiency, The Brattle Group, Table 15: Net CONE of EE Programs by Utility).

  • Projected PJM Market Revenues are defined by section 6.8(d), for any Generation Capacity Resource to which the Avoidable Cost Rate is applied.

  • In general, investments and costs related to improved O&M practices are already accounted for with the Avoidable Cost Rate that goes into determining Market Seller Offer Caps under Section 6.8 of Attachment DD.


More Definitions of Avoidable Cost Rate

Avoidable Cost Rate means a component of the Market Seller Offer Cap determined either calculated in accordance with the default values specified in section 6 or subject to the procedures set forth in the Appendix to Attachment M.
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Avoidable Cost Rate means a component of the Market Seller Offer Cap calculated in
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Related to Avoidable Cost Rate

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Indirect Cost Rate means a device for determining in a reasonable manner the proportion of indirect costs each Program should bear. It is a ratio (expressed as a percentage) of the Indirect Costs to a Direct Cost base. If reimbursement of Indirect Costs is allowable under an Award, Grantor will not reimburse those Indirect Costs unless Grantee has established an Indirect Cost Rate covering the applicable activities and period of time, unless Indirect Costs are reimbursed at a fixed rate.

  • Eligible cost means as applied to a qualified project to be financed from the federal accounts, the costs that are permitted under applicable federal laws, requirements, procedures, and guidelines in regard to establishing, operating, and providing assistance from the bank. As applied to a qualified project to be financed from the state highway account, these costs include the costs of preliminary engineering, traffic and revenue studies, environmental studies, right‑of‑way acquisition, legal and financial services associated with the development of the qualified project, construction, construction management, facilities, and other costs necessary for the qualified project. As applied to any qualified project to be financed from the state transit account, eligible project costs are limited to capital expenditures for transit equipment and facilities.

  • Recovery Amount means, with respect to any period prior to the Termination Date, the amount of collected funds received by the Assuming Institution that (i) are applicable against a Foreclosure Loss calculated in accordance with Exhibits 2c(1)-(3), or (iii) gains realized from a Section 4.1 sale of Single Family Shared-Loss Loans for which the Assuming Institution has previously received a Restructuring Loss payment from the Receiver (iv) or any incentive payments from national programs paid to an investor or borrower on loans that have been modified or otherwise treated (short sale or foreclosure) in accordance with Exhibit 5.