Firm Power definition

Firm Power is as defined in Service Tariff No. WNY-2.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Firm Power means, except as varied by paragraph 3.02(a) and subject to Clause 3.03, the Demand normally associated with the Amount of Power on Order;

Firm Power means: (a) generating capacity that is intended to be available at all times, except as otherwise agreed by the seller and the purchaser, and for which the seller maintains generation reserves in accordance with standards and requirements established by the RRO to which the seller belongs; and (b) energy that was contracted to be supplied by the seller to the purchaser.

Examples of Firm Power in a sentence

• For the purpose of this Service Tariff, Firm Power and Firm Energy shall be deemed to be offered when the Authority is able to supply Firm Power and Firm Energy to the Authority’s designated NYISO load bus.

• Subject to Section IV.B.2, the Authority shall provide to the Customer in any Billing Period Firm Energy associated with Firm Power.

• The billing methodology used to determine the amount of Firm Power and Firm Energy to be billed to the Customer related to its Allocation shall be Load Factor Sharing (“LFS”) in a manner consistent with the Agreement and any applicable delivery agreement between the Authority and the Customer’s local electric utility or both as determined by the Authority.

• The Contract Demand for the Customer’s Allocation may be modified by the Authority if the amount of Firm Power and Firm Energy available for sale as EP or RP from the Project is modified as required to comply with any ruling, order, or decision of any regulatory or judicial body having jurisdiction, including but not limited to FERC.

• The Authority may cancel service under this Agreement or modify the quantities of Firm Power and Firm Energy associated with the Allocation: (1) if such cancellation or modification is required to comply with any final ruling, order or decision of any regulatory or judicial body of competent jurisdiction (including any licensing or re-licensing order or orders of the FERC or its successor agency); or (2) as otherwise provided in this Agreement, Service Tariff No. WNY-2, or the Rules.

More Definitions of Firm Power

Firm Power means injecting of atleast 700 units in to the grid by the generator per hour per scheduled MW. [This calculation is based on a normative load factor of 70% (i.e. 1000 kWh x 70% Load Factor = 700 units per hour)];

Firm Power is as defined in the Service Tariff.

Firm Power means the power supplied on agreed terms & conditions by a CGP owner to a licensee as per the contract;

Firm Power means the power agreed for supply by a CPP to a Distribution Licensee in the Power Purchase Agreement executed between the Distribution Licensee and the CPP. The variation upto plus or minus 10% from the agreed capacity shall be treated as firm power;

Firm Power means:

Firm Power means energy delivered by the qualifying facility to the utility with at least a 65 percent on- peak capacity factor in the month. The capacity factor is based upon the qualifying facility's maximum metered capacity delivered to the utility during the on-peak hours for the month.

Firm Power means, except as varied by paragraph 5.01 (a) and subject to Clause 2.06, the Demand normally associated with the Amount of Power on Order;