Firm Energy Price definition

Firm Energy Price shall have the meaning set forth in Section 4.1.
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Firm Energy Price shall have the meaning set forth in Section 6.2. [TRADE SECRET DATA EXCISED]
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Examples of Firm Energy Price in a sentence

  • In its decision making for cost- effective awards, BC Hydro used the levelized adjusted Firm Energy Price since it places all projects on a level footing by adjusting for varying escalation factors and a common delivery point (i.e.Lower Mainland).

  • Essential variations were to be included in the offered Firm Energy Price (FEP).

  • To compare proposals with different attributes, an adjusted Firm Energy Price (FEP) was calculated for each proposal.

  • Such pricing may be in the form of a Firm Energy Price ($/MWh) or may be structured with a Monthly Demand Charge ($/kW-Month) and separate Energy Charge ($/MWh).

  • For a Project with a “flat” hourly Firm Energy profile, the adjuster will be approximately $4/MWh. • Wind Integration Adjustment: An adjuster in the amount of $10.00/MWh will be added to the Firm Energy Price for a wind project.

  • BC Hydro will determine in its sole and unfettered discretion the most cost effective portfolio of Proposals meeting the eligibility criteria, based upon comparison of adjusted Firm Energy Prices, determined by levelizing all such prices and applying credits/debits as applicable to individual Proposals as follows: • Hourly Firm Adjustment: An adjuster, to be expressed in $/MWh, may be deducted from the Firm Energy Price for a Proponent that has committed to deliver hourly Firm Energy.

  • This obligation extends to any relation that may affect the member's position against the issues decided by the Board.

  • RESPONSE: Amended and Restated LTEPA Tier 1 Firm Energy Price: The original response to BCUC IR 4.444.1 (2006 IEP/LTAP) included a confidential table laying out the energy price comparison.

  • This adjuster will also take into account (i) BC Hydro’s estimate of the impact of any adjustment to the Firm Energy Price offered in the Commercial Proposal arising from a Proponent’s offered unit price in that Proposal in respect of the cost of providing the Interconnection Security under the terms of the EPA, and may take into account (ii) the financial impact, if any, on BC Hydro of interruptions in the supply of energy from existing generation attributable to interconnection of the Project.

  • BC Hydro‟s Clean Power Call “Report on the RFP Process” indicates that the weighted-average levelized and adjusted Firm Energy Price of $124.3/MWh is a reasonable proxy for the costs that will be borne by BC Hydro‟s ratepayers for electricity being acquired to the Clean Power Call.

Related to Firm Energy Price

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Firm price means the price that is only subject to adjustments in accordance with the actual increase or decrease resulting from the change, imposition, or abolition of customs or excise duty and any other duty, levy, or tax, which, in terms of the law or regulation, is binding on the contractor and demonstrably has an influence on the price of any supplies, or the rendering costs of any service, for the execution of the contract;

  • 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.

  • Closing Price has the meaning assigned to such term in Section 15.1(a).

  • Selling Price means the consideration for a sale valued

  • Price means an amount of money tendered for goods or services, and includes all applicable taxes less all unconditional discounts;