Energy Payments definition

Energy Payments has the meaning set forth in Section 4.01.
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Energy Payments means the amount payable for Net Electrical Output as calculated in accordance with Schedule 0.
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Energy Payments. Refers to the payment(s) by the Purchaser to the Producer for the Net Delivered Electricity based on the Energy Price.
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Examples of Energy Payments in a sentence

  • Monthly Energy Payments shall equal the sum of the monthly XXX Period Energy Payments for all XXX Periods in the month.

  • Option A – Energy Payments based on Actual Energy Costs The energy rate, in cents per kilowatt-hour (¢/KWh), shall be based on the Company's actual hourly avoided energy costs which are calculated by the Company in accordance with FPSC Rule 25-17.0825, F.A.C. Avoided energy costs include incremental fuel, identifiable operation and maintenance expenses, and an adjustment for line losses reflecting delivery voltage.

  • Option C- Energy Payments based on Actual Energy Costs starting on the in-service date of the Avoided Unit, as detailed in Appendix II.

  • Utility shall remit to DWR its Energy Payments according to the terms of each Utility’s respective Servicing Arrangement.The DWR Energy Payment is billed by each utility to customers in accordance with the terms of each applicable Utility Servicing Arrangement.

  • During the pendency of Force Majeure, the Company shall not be entitled to receive Energy Payment from JPS except for energy already received by JPS prior to the Force Majeure event; provided that if Force Majeure affects only part of the Complex, then the Company shall be entitled to receive Energy Payments for electrical energy actually delivered to JPS.

  • For the avoidance of doubt, the amounts realized from the sale of Carbon Credits shall not be set-off or netted against the Energy Payments.

  • Calculation of Payments4.1.3.8 The payments to be made by NGC to a User hereunder in respect of the provision of any Mode A Frequency Response from a BM Unit shall be comprised of Holding Payments and Response Energy Payments and shall be determined in accordance with the formulae in, respectively, Paragraphs 4.1.3.9 and 4.1.3.9A and in accordance with Paragraphs 4.1.3.10 to 4.1.3.12 inclusive.

  • Each Monthly Contract Payment payable in arrear following the end of each calendar month shall be the sum of all Energy Payments plus any RA Capacity Payments for all applicable periods in such month, all as set forth in this Exhibit D.

  • The Buyer shall pay the Seller (or a trustee if so designated by the Seller) all amounts due for Metered Energy and not disputed by the Buyer and Deemed Energy Payments, on or before the Due Date, pursuant to the rates and subject to the terms set forth in the APPENDIX III.

  • Each Monthly Contract Payment payable in arrear following the end of each calendar month shall be the sum of all Energy Payments plus any RA Capacity Payment for all applicable periods in such month, all as set forth in this Exhibit D.


More Definitions of Energy Payments

Energy Payments means the monthly energy payments payable hereunder by PECO to Tenaska in accordance with Section 8.03 of this Agreement.
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Energy Payments means payments to be provided under the terms of a power purchase agreement with regard to variable cost of power supply. Such payments would typically be made in reference to energy generated and supplied to the power purchaser;
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Energy Payments has the meaning ascribed to such term in the RFP.
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Related to Energy Payments

  • 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 poverty means a household’s lack of access to essential energy services that underpin a decent standard of living and health, including adequate warmth, cooling, lighting, and energy to power appliances, in the relevant national context, existing social policy and other relevant policies;

  • Energy year or "EY" means the 12-month period from June 1st

  • Energy Code means the State Energy Conservation Construction Code, as currently in effect and as hereafter amended from time to time.

  • Renewable energy project means (A) a project

  • Energy Price has the meaning set forth in Section 4.[1/2](a).

  • Energy project means the installation or modification of an energy efficiency improvement or the acquisition, installation, or improvement of a renewable energy system.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Production Payments means, collectively, Dollar-Denominated Production Payments and Volumetric Production Payments.

  • energy performance contracting means a contractual arrangement between the beneficiary and the provider of an energy efficiency improvement measure, verified and monitored during the whole term of the contract, where investments (work, supply or service) in that measure are paid for in relation to a contractually agreed level of energy efficiency improvement or other agreed energy performance criterion, such as financial savings;

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Capitation Payment means a payment the STATE makes periodically to the MCO for each Enrollee covered under the Contract for the provision of services as defined in Article 6 regardless of whether the Enrollee receives these services during the period covered by the payment.

  • Energy recovery means the use of combustible packaging waste as a means to generate energy through direct incineration with or without other waste but with recovery of the heat;

  • Production Payments and Reserve Sales means the grant or transfer by the Company or any of its Restricted Subsidiaries to any Person of a royalty, overriding royalty, net profits interest, Production Payment, partnership or other interest in Oil and Gas Properties, reserves or the right to receive all or a portion of the production or the proceeds from the sale of production attributable to such properties where the holder of such interest has recourse solely to such production or proceeds of production, subject to the obligation of the grantor or transferor to operate and maintain, or cause the subject interests to be operated and maintained, in a reasonably prudent manner or other customary standard or subject to the obligation of the grantor or transferor to indemnify for environmental, title or other matters customary in the Oil and Gas Business, including any such grants or transfers pursuant to incentive compensation programs on terms that are reasonably customary in the Oil and Gas Business for geologists, geophysicists or other providers of technical services to the Company or any of its Restricted Subsidiaries.

  • Energy Storage Resource means a resource capable of receiving electric energy from the grid and storing it for later injection to the grid that participates in the PJM Energy, Capacity and/or Ancillary Services markets as a Market Participant.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Guaranteed Energy Production or “GEP” has the meaning set forth in Section 3.1(e)(ii).

  • Volumetric Production Payments means production payment obligations recorded as deferred revenue in accordance with GAAP, together with all undertakings and obligations in connection therewith.

  • Energy conservation means the decrease in energy requirements of specific customers during any selected time period, resulting in a reduction in end-use services.

  • Renewable Energy Credits means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, allocated, assigned or otherwise awarded or certified by any Governmental Authority, program administrator, certification board or similar entity in connection with the production or generation of each MWh of energy from the Project. For the avoidance of doubt, “Renewable Energy Credits” shall not include any ITC, State Renewable Energy Incentives or other tax benefits, credits, or incentives.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.