Degradation Factor definition
Examples of Degradation Factor in a sentence
On the first anniversary of the Commercial Operation Date and each anniversary of the Commercial Operation Date thereafter during the Term (and any extension thereof), the Guaranteed Annual Energy Output shall be decreased by the Annual System Degradation Factor, as shown on Exhibit C.
Degradation Factor See Attachment 5 The degradation factor for each unit is calculated using the methodology described in National Renewable Energy Laboratory (NREL) publication entitled Building America Performance Analysis Procedures for Existing Homes (BAPA).
On the first anniversary of the Commercial Operation Date and each anniversary of the Commercial Operation Date thereafter during the Term (and any extension thereof), the Guaranteed Annual Electricity Output shall be decreased by the Annual System Degradation Factor.
For avoidance of doubt, the Delivery Year Degradation Factor with respect to a Utility-Scale Wind Project is always 1.
The Delivery Year Allocation Factor, with respect to a Utility-Scale Solar Project or a ▇▇▇▇▇▇▇▇▇▇ Project, shall be the result obtained from dividing (a) the Delivery Year Degradation Factor by (b) 19.05.
Enter the Applicable Contract Year and calculated Degradation Factor for the reporting period.
Owner estimates the System will produce the Estimated Annual Energy Output in each Operating Year, as adjusted by the Annual System Degradation Factor, as provided in Exhibit B.
Developer guarantees that the PV System will produce the Guaranteed Annual Energy Output in each Contract Year, as adjusted by the Annual System Degradation Factor.
Maximum Contract Quantity Class of Resource Utility-Scale Wind Project Delivery Year Delivery Year Degradation Factor Delivery Year Allocation Factor Delivery Year Requirement (RECs) 1 1 0.05 2 1 0.05 3 1 0.05 4 1 0.05 5 1 0.05 6 1 0.05 7 1 0.05 8 1 0.05 9 1 0.05 10 1 0.05 11 1 0.05 12 1 0.05 13 1 0.05 14 1 0.05 15 1 0.05 16 1 0.05 18 1 0.05 19 1 0.05 20 1 0.05 Subsequent Delivery Years 1 0.05 • The Delivery Year Requirement for Delivery Year 0 shall apply if the Earliest Vintage Month is not June.
Foregone User Benefit is defined as (i) in the year of occurrence, the difference between the G1 rate in the year of occurrence of the PV System Loss and the Net Energy Price multiplied by the Expected Annual Output adjusted for the Annual System Degradation Factor and (ii) for subsequent years the G1 rate is assumed to increase by 3% per year.