Fuel Expenses definition

Fuel Expenses shall be, for each Base Output Period, budgeted amounts for all fuel costs, including all costs of fuel supply, transportation, exchange and storage, necessary for the Facility to produce the Base Output. All costs will include estimates of price escalation for the applicable period. The budgets for Fuel Expenses will include assumptions of the coal price per ton, the plant average consumption rate (in grams/kWh), coal quality and heat content and assumptions of the oil price per ton, oil quality and heat content and the annual oil consumption determined by the number of annual unit starts and other operations requiring oil. "Annual Depreciation Amount" = ------------------------------ (Fixed Asset Total Book Value) x Classified Depreciation Rate; Where:

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Fuel Expenses with respect to any calendar month, the sum of (a) the expenses required to be paid by the Partnership pursuant to Section 8.1 of the Gas Transportation and Swing Supply Agreement in such month which accrued during the immediately preceding calendar month and (b) the expenses required to be paid by the Partnership in such month in connection with the procurement of gas for the Facility during the immediately preceding calendar month."

Fuel Expenses means, for any period, the cost of supply and transportation for all fuel delivered to the Project.

Examples of Fuel Expenses in a sentence

E.1.1 The operation expenses chargeable to FPC Accounts 517, 518 (excluding Fuel Expenses), 519 to 525, inclusive, 556, 557, 560, 561, 562, 565, 566 and 567.
The Borrower shall not make any expenditures for operation and maintenance or any capital expenditures except (a) in accordance with the Construction Budget or the current annual Operating Budget, as the case may be, (b) for the payment of Fuel Expenses or (c) as approved in writing by the Agent Bank.
F.4.3.4 The summation of the Assigned Fuel Expenses for each Participant as of the beginning and the end of such month.
VEPGA’s annual fuel factor is established pursuant to the SCC’s Definitional Framework for Virginia Electric and Power Company Fuel Expenses (as it may change from time to time and as it is applied to the Company’s Virginia Jurisdictional customers).
F.6.1 The following examples illustrate the man- 4/2/82 ner in which calculations of Assigned Fuel Expenses, Fuel Expense Credits and Assigned Fuel Expense Debits are made under four scenarios with differing assumptions.

More Definitions of Fuel Expenses

Fuel Expenses means all amounts payable and Fuel Supply Agreements, the Fuel Transportation Agreements and any other agreements entered into by Owner with respect to natural gas, electricity or any other energy requirement and related services for the Facility.

Fuel Expenses means all fixed or variable costs, expenses, losses, liabilities, claims and charges related to the acquisition, storage, inventory, handling, balancing and transportation and delivery of fuel for each of the Facilities, including reagents, emissions allowances and related costs of credit at a weighted average cost; provided, however, that the term “Fuel Expenses” excludes the costs of any fuel that is capitalized under applicable accounting rules and guidance; and provided further, however, that all costs and expenses shall be calculated on a consumed basis.