Fuel Percentage definition

Fuel Percentage means the Company’s total cost for diesel fuel (or such other fuel as is employed by Company) incurred during the most recent calendar year divided by Company’s total operating revenue for such calendar year, in both cases calculated for Company’s operations district that includes the City.
Fuel Percentage means the percentage of the Annual Operating Charge to be indexed by reference to movement in the ICE Low Sulphur Gasoil futures monthly average rate, namely 16.2%.

Examples of Fuel Percentage in a sentence

  • Product:  Baseload, specifically, woody biomass facilities only Annual High Hazard Fuel Percentage: The Seller is contractually bound at a minimum, to the percentages designated in the Resolution and defined in Section 3.10(a)(i).

  • Product: 🗵 Baseload, specifically, woody biomass facilities only Annual High Hazard Fuel Percentage: The Seller is contractually bound at a minimum, to the percentages designated in the Resolution and defined in Section 3.10(a)(i).

  • In the absence of such notification, the Shipper shall use the monthly Fuel Percentage communicated by Terasen Gas for the preceding Month.

  • Terasen Gas or its agent will advise the Shipper by fax, or other such method agreed to by Terasen Gas and Shipper, of the applicable Fuel Percentage by no later than the twenty-fifth (25th) day of the Month for the following Month, which amount shall be expressed as a percentage of the quantity of gas to be delivered at the Delivery Point in that Month.

  • Seller shall supply quantities of gas equivalent to the Fuel Percentage in FGT’s FERC Gas Tariff.