Examples of Border Yearly Charge in a sentence
The PJM TOs explain that by including the TECs in the Border Yearly Charge there will be no need to separately calculate TECs applicable to Border Rate customers and no separate TECs will need to be charged.
The methodology also applies to the maximum Border Yearly Charge under Schedule 8 and the rate for Non-Zone Service.
The revisions also included an annual updating process, pursuant to which PJM posts on its website and files with the Commission an informational filing detailing the inputs and calculations used to calculate the Border Yearly Charge.5The methodology for determining and updating the Border Yearly Charge and associated rates on an annual basis is set forth in the Tariff, Schedule 7, section 11.
Except for Points of Delivery at the Border of PJM, which are subject to the Border Yearly Charge determined under section 11, in addition to the rates set forth in section (1) of this Schedule and any other applicable charges, the Transmission Customer shall also pay any Transmission Enhancement Charges for which it is designated as a Responsible Customer under Schedule 12 appended to the Tariff.
BYC is the Border Yearly Charge stated in dollars per kW of Reserved Capacity; SHRR is the sum of the Revenue Requirements for each Transmission Owner used to determine charges for Network Integration Transmission Service either (a) stated in Attachment H for a Transmission Owner or (b) determined pursuant to a formula rate set forth in Attachment H.
Except for Points of Delivery at the Border of PJM which are subject to the Border Yearly Charge determined under section 11 of Schedule 7, in addition to the rates set forth in Section (1) of this Schedule and any other applicable charges, the Transmission Customer shall also pay any Transmission Enhancement Charges for which it is designated as a Responsible Customer under Schedule 12 appended to the Tariff.
The Transmission Provider shall update the rate for Network Integration Transmission Service to Non-Zone Network Load annually effective January 1 in accordance with the procedures for updating the Border Yearly Charge set forth in Schedule 7.
The MTF Parties’ agreement to this Settlement Agreement does not constitute an admission that the inclusion of any such revenue requirement for a project subject to a funding agreement in the Border Yearly Charge is just and reasonable under the Federal Power Act.
Except for Points of Delivery at the Border of PJM which are subject to the Border Yearly Charge determined under section 11 of Schedule 7, Iin addition to the rates set forth in Section (1) of this Schedule and any other applicable charges, the Transmission Customer shall also pay any Transmission Enhancement Charges for which it is designated as a Responsible Customer under Schedule 12 appended to the Tariff.
Border Rate Service with an applicable Border Yearly Charge of $100,000 per MW-Year, an MTF Discount Percentage of 10% would apply and result in a net Border Yearly Charge of $90,000 ($100,000 times (100%-10%)) per MW-Year.