Gas Costs definition

Gas Costs means the total delivered cost of gas paid or to be paid to Suppliers, including, but not limited to, all commodity/gas charges, demand charges, peaking charges, surcharges, emergency gas purchases, over-run charges, capacity charges, standby charges, gas inventory charges, minimum bill charges, minimum take charges, take-or-pay charges and take-and-pay charges (except as provided below), storage charges, service fees and transportation charges and any other similar charges which are paid by the Company to its gas suppliers in connection with the purchase, storage or transportation of gas for the Company's system supply.
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Gas Costs means the total delivered cost of gas paid or to be paid to Suppliers, including, but not limited to, all commodity/gas charges, all direct, transaction-related costs arising from an LDC’s prudent efforts to stabilize or hedge commodity gas costs, demand charges, peaking charges, surcharges, emergency gas purchases, over-run charges, capacity charges, standby charges, reservation fees, gas inventory charges, minimum bill charges, minimum take charges, take-or-pay charges, storage charges, service fees and transportation charges, and other similar charges in connection with the purchase, storage or transportation of gas for the LDC's system supply.
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Gas Costs or "cost of gas" means the cost to a gas or natural gas company of obtaining the gas which it sells to its customers. The cost of gas shall include demand, capacity reservation or use, transportation, storage, balancing, gathering, and other related costs to the company for services rendered or supplies provided by others prior to and including the physical delivery of the gas to the company. The cost of gas does not include the cost of utility storage otherwise recovered in base rates.
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Examples of Gas Costs in a sentence

  • Seller shall hold Buyer harmless and indemnify Buyer against the actual costs or losses of Buyer resulting from a Non-Buyer Dispatch, including, without limitation, all CAISO Charges and all Gas Costs incurred pursuant to such start-up or operation.

  • In the event any payments are due Purchaser hereunder, including any payments of Replacement Gas Costs, payment to Purchaser shall be made, subject to the netting provisions of Section 9.5, in immediately available funds to the account specified from time to time by Purchaser in a written notice to Seller, on or before the Payment Date.

  • If Purchaser makes such nominations for Scheduled Gas during the Commercial Operation Delay Period, Seller shall compensate Purchaser for all Replacement Gas Costs for the Scheduled Gas, except to the extent Seller delivers Replacement Gas therefor at the Delivery Point.

  • The Base Rate for actual Fuel Gas Costs shall equal the amount set forth in Appendix 1.

  • Seller shall indemnify, defend, and hold SCE harmless against the costs or losses of SCE resulting from a Non-SCE Dispatch, including all (i) charges, sanctions, and penalties imposed by CAISO, and (ii) Seller’s Gas Costs incurred pursuant to such start-up or operation, with Seller being responsible for Seller’s Gas Costs for each hour (with any partial hours being rounded up to the next full hour) of such Non-SCE Dispatch.

  • If SCE pays any Gas Costs which are Seller’s responsibility under this Agreement, SCE may deduct the amount of such Gas Costs from any amounts due to Seller pursuant to the terms of this Agreement.

  • In the event that any Greenhouse Gas Costs are imposed on Seller or Purchaser, this contract will be amended as necessary, as determined by the Commission in an appropriate proceeding.

  • Exhibit A -Natural Gas Costs Fertilizer Company agrees to pay Refinery Company for the actual costs per MMBtu of natural gas delivered to and accepted by the Fertilizer Plant as invoiced to the Refinery Company by Southern Star.

  • Seller shall be responsible for all costs (including Gas Costs) associated with a Seller Initiated Test as set forth in Article Seven.

  • The flexibility component of the Other Purchased Gas Costs deferral account is shown at B/T13/S1 Updated/p1, lines 3 and 4.


More Definitions of Gas Costs

Gas Costs means the (a) commodity cost of the natural gas, (b) transportation service to the SoCalGas Billing Meter, as determined in Section 16.08(b), including any charges assessed for surcharges, fuel retention charges, imbalances, penalties, or balancing or storage costs, and (c) fuel use taxes, if applicable.
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Related to Gas Costs

  • Exploration Costs means costs incurred in identifying areas that may warrant examination and in examining specific areas that are considered to have prospects that may contain oil and gas reserves, including costs of drilling exploratory wells and exploratory type stratigraphic test wells. Exploration costs may be incurred both before acquiring the related property and after acquiring the property. Exploration costs, which include applicable operating costs of support equipment and facilities and other costs of exploration activities, are:

  • Production Costs means the cost of the following:

  • Direct Costs means the sum of the following: