Examples of California Parties in a sentence
This identical language was included in the settlement agreements relating to LADWP and NCPA, and in connection with both of those agreements, the California Parties confirmed that the ISO’s interpretation of this provision was correct.
With respect to refunds owing by TransAlta for sales made by it in the organized markets of the California Power Exchange and the California Independent System Operator, the California Parties have sought rehearing of the Federal Energy Regulatory Commission’s (“FERC”) refusal and appealed the refusal to the U.S. Court of Appeals for the Ninth Circuit.
These FERC proceedings have led to several settlement agreements between the California Parties and the responsible energy suppliers.
The California Parties, which include the Governor’s Office, California Attorney General’s Office, CPUC, the Department, and the IOUs, have participated in Federal Energy Regulatory Commission (“FERC”) proceedings to recover excess electricity costs incurred by ratepayers since 2001.
Id. Over the course of the agency proceedings, a number of entities settled with the California Parties and were dismissed from the case.
The Allocation Matrix sets forth the allocation of the Settling Supplier Refunds as established by the California Parties.
The ISO and PX, working with the California Parties, shall determine the Unsettled Participant Interest Amount based upon the Unsettled Participant Refund Amount.
The releases Settling Supplier provides in Article VII to the California Parties shall apply to SRP, provided that SRP becomes an Additional Settling Participant, and to the California Electricity Oversight Board.
In 2013, the Corporation accrued for the then expected settlement of these disputes with the California Parties, which resulted in a pre-tax charge to 2013 earnings of approximately US$52 million.
Settling Supplier does not endorse or take any position on the foregoing allocation of Settlement Proceeds, but the Agreement establishes such allocation to ensure the distribution of funds as contemplated by the California Parties.