Fuel Gas Cost definition

Fuel Gas Cost has the meaning set forth in Exhibit C.
Fuel Gas Cost as used in Article III, shall mean the sum of (i) and (ii) below: (i) The price of natural gas for the Month prior to the Month in question obtained by referencing the Wxxxxxxx Natural Gas Index, Texas, Oklahoma, Kansas, as published in Inside F.E.R.C.’s Gas Market Report (MxXxxx-Xxxx Inc.); and, (ii) The maximum transportation rate (including fuel and loss) for natural gas delivered to Medford, Oklahoma (or the nearest point thereto served by the pipeline at issue), for the Month prior to the Month in question, obtained by referencing the maximum transportation rate to such destination for the Wxxxxxxx Pipeline. The maximum transportation rate referred to in this paragraph shall be obtained from the Wxxxxxxx Pipeline approved natural gas tariff. If the Inside F.E.R.C.’s Gas Market Report, or its successor publication, ceases to be published, or if it ceases to publish the above described index, then the price(s) shall, if available, be obtained from an alternative industry publication (private or government) which publishes the same pricing information. If the above index prices are no longer available, then Processor and Customer shall, within sixty (60) Days of the first Day of the Month that the cessation occurred, agree upon an alternative pricing mechanism which will reflect the fair market price of natural gas utilized as fuel in Processor’s Fractionator. The alternative pricing mechanism agreed upon shall apply retroactively to the first Day of the Month that the posting terminated. If the parties cannot agree upon an alternate pricing mechanism within the period stipulated above, then the issue of how to determine the fair market price of natural gas utilized as fuel in Processor Fractionator shall be submitted to arbitration in accordance with the Commercial Arbitration Rules of the American Arbitration Association.
Fuel Gas Cost as used in Section 6, shall mean the cost per MMBtu of the natural gas used to fractionate the NGL's sold hereunder at Buyer's Fractionator. The price per MMBtu of such Fuel Gas Cost shall be deemed to be equal to (i) the Southern Star Central Gas Pipelines Inc. ("Southern Star") ** for the Month of delivery and sale, as published each Month by "Inside F.E.R.C.", plus (ii) the then ** for Southern Star plus the maximum ** for the ** and the maximum ** and the maximum **. Capitalized terms in this subsection, not otherwise defined herein, shall be as set forth in Southern Star's Tariff.

Examples of Fuel Gas Cost in a sentence

  • Xxxxxx Title: President Title: President An example of the computations for Fuel Gas Cost and electric power adjustments.

  • The Base Exchange Differential shall be adjusted at the beginning of each Month commencing with the Month of initial deliveries hereunder by an amount attributable to the change in Processor’s Fuel Gas Cost incurred during the Month prior to the Month in question, and compared to the Base Rate, all as more fully described in Appendix 1 hereto, and using the Efficiency Levels set forth therein.

  • If the Fuel Gas Cost is ** in any Month, then the Fuel Gas Adjustment as described in this Subsection A **.

  • Each contract cycle spans between January1, through December 31 of contract year Same as in above divided into two contract periods in January and July of each contract year.

  • Fuel Gas Cost $ 1.80 $2.0000 /MMBtu2 Electrical $ 0.0350 $0.0380 /KWH3 Electrical $ 0.0620 $0.0650 /KWH3 Fuel Gas Cost Frac.

  • The Base Rate for such Fuel Gas Cost shall be equal to $** per MMBtu, and the Efficiency Factor applicable thereto shall be as set forth in Appendix 1.

  • Financial Benefits Calculation DescriptionIncomeRp 682,262,223,-kWh Losses in 2021 (Rp) CostRp 460,712,825,-Potential Additional Fuel Gas Cost and Component CostNet ProfitRp 221,549,398,-Potential Net Profit According to table 4, the modification could save up to Rp 682,262,223,- as kWh losses in 2021 is converted to potential income, and potential net profit obtained is Rp Rp 221,549,398,-.

  • The Base Purchase Differential, insofar as it is composed of the Fuel Gas Cost, shall be adjusted at the beginning of each Month beginning on the Effective Date by an amount attributable to the change in Fuel Gas Cost posted by Inside FERC during the current Month of actual delivery hereunder, and compared to the Base Rate, all as more fully described in Appendix 1 hereto.

  • Fuel Gas Cost: (**) X $ (**) - $ (**) = $ (**) Medford Electrical Cost: (**) X $ (**) - $ (**) = $ (**) Medford Gath.

  • Monthly costs will be calculated as: Fuel Gas Cost = FI-25005 Metered MSCF/Month * Monthly Avg MMBtu/SCF * $/MMBtu for ** SECTION 2 - COOLING WATER/ELECTRICITY COSTS Electricity and cooling water are not directly measured.

Related to Fuel Gas Cost

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Fuel Gas means Gas used as fuel for the operation of the Transportation System.

  • Fuel means any solid, liquid or gaseous combustible material;

  • Additional Transportation Cost means the actual cost incurred for one-way Economy Transportation by Common Carrier reduced by the value of an unused travel ticket.

  • Transportation project or "project" means any or the

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Fuel system means the components which store or transport fuel on board the vehicle and comprise the fuel tank system, all fuel and vapour lines, any non-tank mounted fuel pumps and the activated carbon canister.

  • Natural Gas Liquids means those hydrocarbon components that can be recovered from natural gas as a liquid including, but not limited to, ethane, propane, butanes, pentanes plus, and condensates;

  • Project Cost means the price payable to Service Provider over the entire period of Agreement (i.e. Rs. <in words>) for the full and proper performance of its contractual obligations.

  • Direct Cost means a cost not to exceed the cost of labor, material, travel and other expenditures to the extent the costs are directly incurred to provide the relevant assistance or service. “Direct Cost” to the Acquirer for its use of any of a Respondent’s employees’ labor shall not exceed the average hourly wage rate for such employee;

  • Fuel oil means heavy distillates or residues from crude oil or blends of such materials intended for use as a fuel for the production of heat or power of a quality equivalent to the “American Society for Testing and Materials’ Specification for Number Four Fuel Oil (Designation D 396-69)”, or heavier.

  • Ultra Low Sulfur Diesel Fuel means diesel fuel that has a sulfur content of no more than fifteen parts per million.

  • Net cost means the Contractor’s actual cost after deducting all permitted cash and trade discounts, rebates, allowances, credits, sales taxes, commissions, and refunds (whether or not any or all of the same shall have been taken by the Contractor) of all parts and materials purchased by the Contractor solely for the use in performing its obligation hereunder provided, where such purchase has received the prior written approval of the Manager as required herein. The Contractor shall promptly furnish to the Manager such bills of sale and other instruments as the Manger may require, executed, acknowledged and delivered, assuring to the Manager title to such materials, supplies, equipment, parts, and tools free of encumbrances.

  • Geothermal fluid means water in any form at temperatures greater than 120

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • The Contract Price/Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • Contract Cost means the Contract Sum plus Price Variation. This cost shall be included in the letter of acceptance.

  • Ethanol blended gasoline means the same as defined in section 214A.1.

  • Development Cost means the total of all costs incurred in the completion of a Development excluding Developer Fee, operating deficit reserves, and total land cost as typically shown in the Development Cost line item on the development cost pro forma.

  • Transportation district and "district" shall mean the

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • CO2 means carbon dioxide.

  • Fuel burning equipment means any furnace, boiler, apparatus, stack and all associated equipment, used in the process of burning fuel.

  • Equipment Cost means, for each Unit, the purchase price therefor -------------- paid by the Owner Trustee to the Lessee pursuant to Section 2 of the Participation Agreement and as set forth in Schedule 1 to the Participation Agreement with respect to such Unit. Notwithstanding anything to the contrary contained in the Operative Agreements, the Equipment Cost for any Replacement Unit shall be deemed to be the Equipment Cost or deemed Equipment Cost of the Unit replaced by such Replacement Unit.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Gas means natural gas, manufactured gas, synthetic natural gas, liquefied petroleum gas or propane-air gas, or a mixture of any of them, but does not include a liquefied petroleum gas that is distributed by means other than a pipeline;