Energy Payment definition

Energy Payment. The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

Energy Payment. – means the monthly payment by Bangladesh Power Development Board (BPDB) to the Company for the Net Energy Output delivered by the Project during the relevant month.

Energy Payment bears the meaning ascribed thereto in Section 13.1(b)(ii);

Examples of Energy Payment in a sentence

• In addition, if compliance with the Dispatch Notice causes reduction of a market regulation transaction, the CAISO shall also pay the Owner the product of the Regulation Energy Payment Adjustment (REPA) amount, if applicable, and the MW of Regulation which Owner had scheduled but is unable to provide because of its compliance with the Dispatch Notice.

• B = Energy Payment Allocation Factor, set forth in Exhibit K, for the XXX Period being calculated.

• The price for calculation of the Energy Payment is set forth in Section 2 of Exhibit D.

• Each monthly XXX Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the XXX Period being calculated: XXX PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price in $/kWh (i.e., ($/MWh)/1000).

• These costs would be calculated so as to place FPL in the same economic position in which it would have been if the entire early, levelized or early levelized capacity payments or the Fixed Firm Energy Payment had been deductible in the period in which the payments were made.

More Definitions of Energy Payment

Energy Payment has the meaning set forth in Section 4.02(a).

Energy Payment is limited to net billing and means the electricity generated and fed into the electric grid by the customer generator multiplied by the applicable capacity and energy purchase rates, as defined by the terms of the distributed generation interconnection agreement.

Energy Payment has the meaning set forth in Section 13.

Energy Payment. The consideration payable by the Purchaser to the Seller for Monthly Energy, determined in accordance with Section 9.1.

Energy Payment shall be the aggregate amount of the Metered Amounts (in MWh) minus Extra Energy (in MWh) for all hours in a month multiplied by the applicable Contract XXX Energy Price (in dollars per MWh) specified for each XXX Period (𝐶𝑃𝐸𝑛𝑒𝑟𝑔𝑦−XXX). 𝐸𝑛𝑒𝑟𝑔𝑦 𝑃𝑎𝑦𝑚𝑒𝑛𝑡 𝐿𝑎𝑠𝑡 𝑆𝑒𝑡𝑡𝑙𝑒𝑚𝑒𝑛𝑡 𝐼𝑛𝑡𝑒𝑟𝑣𝑎𝑙 𝑖𝑛 𝑚𝑜𝑛𝑡ℎ (𝑀𝑒𝑡𝑒𝑟𝑒𝑑 𝐴𝑚𝑜𝑢𝑛𝑡𝑠 − 𝐸𝑥𝑡𝑟𝑎 𝐸𝑛𝑒𝑟𝑔𝑦) 𝑖𝑛 𝑑𝑜𝑙𝑙𝑎𝑟𝑠 = � 𝐹𝑖𝑟𝑠𝑡 𝑆𝑒𝑡𝑡𝑙𝑒𝑚𝑒𝑛𝑡 𝐼𝑛𝑡𝑒𝑟𝑣𝑎𝑙 𝑖𝑛 𝑚𝑜𝑛𝑡ℎ × 𝐶𝑃𝐸𝑛𝑒𝑟𝐸𝐸𝑦−𝑇𝑇𝑇𝐷

Energy Payment means the payment to be made by Buyer to Seller pursuant to Section 5.3 and as specified in Exhibit F.

Energy Payment has the meaning set forth in Section 2 of Exhibit D.