Incremental Energy Rate definition

Incremental Energy Rate has the meaning set forth in Section 7.2.
Sample 1Sample 2Sample 3
Incremental Energy Rate means the rate in $/MWh which is equal to NSPI’s cost of generating or purchasing one more MWh of energy from sources other than the Generating Facility as calculated by NSPI averaged over the twelve (12) month period immediately preceding the relevant time and set out in the Power Purchase Agreement (PPA);
Sample 1

Examples of Incremental Energy Rate in a sentence

  • Adder on Energy at $0.0005/kWh A multiplication factor to account for distribution loss and applicable gross receipts taxes will be applied to the Incremental Energy Rate calculated from the above components as further described below.

  • The minimum Incremental Energy Rate billed shall not be less than $0.007 / kWh in any hour.

  • David then presented a ‘strawman’ rate design to facilitate a discussion re: the proposed elements and criteria of the Incremental Energy Rate.

  • BC Hydro believes this process is efficient and sufficient for the review of Baselines and Reference Demands baselines for the Incremental Energy Rate Pilot.

  • The economic considerations used in the analysis of ratepayer impacts of the Freshet and Incremental Energy Rates refers to the difference between the revenues received for the service under the Freshet or Incremental Energy Rate Schedules and the system marginal value of resources used to serve the incremental load.

  • RESPONSE: Please refer to BC Hydro’s response to BCOAPO IR 3.75.1.BCOAPO et al.Information Request No. 3.76.1 Dated: May 22, 2020British Columbia Hydro & Power Authority Response issued: June 19, 2020Page 1of 1British Columbia Hydro & Power AuthorityTransmission Service Market Reference-Priced Rates Application - Incremental Energy Rate PilotExhibit:B-12while BC Hydro has an operational annual surplus of energy.

  • For the Incremental Energy Rate, our current thinking is to use F2018 as the baseline year to determine the 12 calendar monthly baselines (i.e., use most recent year prior to rate implementation).3.Craig Thomson, Canfor Pulp Acknowledged.Comment - Higher market prices could drive BCH to no longer provide this rate.4.Rod Albers, Quesnel River Pulp BCH needs to better understand the impacts to participants and non-participants of such a change.

  • We’re proposing a similar provision for the Incremental Energy Rate.

  • The following formula will be used to calculate the current reporting period Incremental Energy Rate (IER): FORMULA B-2 IER= □TKC1-12÷ □TKWH1-12 Where: IER: Incremental Electrical Rate (Dollars per kWh) □TKC1-12: Sum Total of Monthly Electrical Utility Costs (Dollars) for kWh included Fuel Adjustment Cost and other related Energy Charges for Months 1 Through 12 of the current reporting period.

  • BC Hydro’s customer and stakeholder engagement efforts during the Freshet Rate Pilot included multiple rounds of consultation related to both a permanent Freshet Rate and the prospective design of the Incremental Energy Rate.

Related to Incremental Energy Rate

  • Annual Energy Use means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year

  • PJM Region Installed Reserve Margin means the percent installed reserve margin for the PJM Region required pursuant to RAA, Schedule 4.1, as approved by the PJM Board. PJM Region Peak Load Forecast:

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Energy conservation measure means a training program or facility alteration designed to reduce energy consumption or operating costs and includes:

  • Energy year or "EY" means the 12-month period from June 1st

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Maintenance Margin means the minimum amount of money required in your Trading Account as specified on the Trading Platform in order to keep a Transaction open on the Trading Platform.

  • Federal Energy Regulatory Commission or "FERC" means the

  • SBI 1 Year MCLR Rate means 1 year Marginal Cost of Funds Based Lending Rate (MCLR) fixed by State Bank of India (SBI) / any replacement thereof by SBI for the time being in effect applicable for 1 year period, as on 1st April of the respective financial year in accordance with regulations and guidelines of Reserve Bank of India. In absence of such rate, any other arrangement that substitutes such rate as mutually agreed to by the Parties.

  • Tariff Rate means a fixed or variable rate within a Price Category that determines the Distribution Services charges that apply to an ICP;

  • Replacement Energy means Energy purchased by Buyer as replacement for any Delivery Shortfall.

  • Energy Price has the meaning set forth in Section 4.[1/2](a).

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Eleventh District Cost of Funds Rate means: (1) the rate equal to the monthly weighted average cost of funds for the calendar month immediately preceding the month in which the particular Interest Determination Date falls as set forth under the caption “11th District” on the display on Moneyline Telerate (or any successor service) on page 7058 (or any other page as may replace the specified page on that service) (“Moneyline Telerate Page 7058”) as of 11:00 A.M., San Francisco time, on that Interest Determination Date; or (2) if the rate referred to in clause (1) does not so appear on Moneyline Telerate Page 7058, the monthly weighted average cost of funds paid by member institutions of the Eleventh Federal Home Loan Bank District that was most recently announced (the “Eleventh District Index”) by the Federal Home Loan Bank of San Francisco as the cost of funds for the calendar month immediately preceding that Interest Determination Date; or (3) if the Federal Home Loan Bank of San Francisco fails to announce the Eleventh District Index on or prior to the particular Interest Determination Date for the calendar month immediately preceding that Interest Determination Date, the Eleventh District Cost of Funds Rate in effect on the particular Interest Determination Date.

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Cost of Funds Rate means, for any Accrual Period and any Lender, the rate determined as set forth below:

  • Weekly Rate means the interest rate on the Bonds established in accordance with Section 2.03(b) hereof.

  • Building Energy Benchmarking means the process of measuring a building’s Energy use, tracking that use over time, and comparing performance to similar buildings.

  • Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.

  • Incremental Operating Costs means the incremental expenses incurred by the Recipient’s implementing agencies on account of Project implementation, management, and monitoring, including office space rental, utilities, and supplies, bank charges, communications, advertising, vehicle operation, maintenance, and insurance, building and equipment maintenance costs, travel and supervision costs, and salaries of supporting staff, but excluding salaries of officials of the Recipient’s civil service.

  • Recovery Rate means, in relation to any UK Four institution the percentage of the original face value of senior unsecured debt obligations of the affected UK Four institution, as derived by the Calculation Agent from either the ISDA Auction Final Price or the Market Value.