Examples of Delivered Cost in a sentence
The Parties agree that upon NorthWestern joining SPP, all revenues from the sale of energy and all expenses from purchases of energy through SPP will be included in the Delivered Cost of Fuel adjustment clause along with all other items currently included.
When examining this statute, the Parties agree it is appropriate to recognize the reduction in the Delivered Cost of Fuel adjustment that will be achieved as including Xxxxxxxxx in this rate case is merely a shift in the method of cost recovery and the Delivered Cost of Fuel adjustment is a rate paid by customers that impacts the total level of revenues received by NorthWestern.
In the Application, NorthWestern indicated that it intended to join the Southwest Power Pool (“SPP”) and requested adjustment to its Delivered Cost of Energy and Delivered Cost of Fuel adjustment clauses to accommodate participation in SPP.
Although NorthWestern does not currently engage in non-asset based margin activities, if NorthWestern engages in such activities in the future, any positive non-asset based margins will be shared with customers (70% to shareholders; 30% to customers) through the Delivered Cost of Fuel adjustment clause.
In the event an Order is cancelled or this Agreement is terminated for any reason (including a breach by BEMA or a Force Majeure Event), CUSTOMER shall pay BEMA, termination charges (collectively, the “Termination Charges”) equal to (1) the contract price for all finished product existing at the time of termination; (2) BEMA’s cost for all work in process; and (3) BEMA’s Delivered Cost of Components ordered in support of CUSTOMER’s Orders or Forecast.