Levelized Tariff definition

Levelized Tariff means the tariff calculated in accordance with the provisions of Clause
Sample 1Sample 2Sample 3
Levelized Tariff means the fixed tariff offered by the Bidder for 25 (Twenty Five) years from the date of commissioning of the Rooftop Solar Photovoltaic Power Project under the Scope of work as per this RfS;
Sample 1
Levelized Tariff is a means to recover the entire cost of a project during the project’s lifecycle. Any downward revision of the same will severely impact the revenues of the project and make it financially and economically unviable. Therefore, the Commission ought not to review the approach for the determination of the tariff mid-stream and adopt a parametric approach (as suggested by the DISCOM) after the completion of 10 years from the COD.
Sample 1

Examples of Levelized Tariff in a sentence

  • The ranking of the Bidders shall be based on the calculated Levelized Tariff Charge (mentioned in the RFP) of the responsive Bidders.

  • The adjusted escalated Quoted Tariffs (Rs./kWh) as calculated in Clause 3.4.7 above for each Bidder for the term of PPA, shall then be discounted upto the Scheduled Delivery Date mentioned in Clause 1.3.1, by applying the discount factors (based on the Discount Rate as mentioned in Clause 3.4.4 above) and such aggregate discounted value for the term of the PPA shall be divided by the sum of such discount factors so as to calculate the Levelized Tariff of each Bidder.

  • The Levelized Tariff shall be calculated by assuming uniformly for all Bidders that power shall get delivered on the Scheduled Delivery Date.

  • The Bidders will be ranked in the ascending order of the tariffs from L1, L2, L3, L4, and so on for the tariffs quoted less than the Pre-fixed Levelized Tariff at the end of the E-Reverse Auction.

  • The Bidders not reducing their tariffs less than the Pre-fixed Levelized Tariff after the E-Reverse Auction will be ranked based on the following principle until the allocation of the Notified Capacity of the specific 33/11 kV substation, as the case may be.

  • Weighted Average Levelized Tariff as the Bidding Parameter: The bidding evaluation parameter shall be the weighted average levelized tariff per unit supply of RTC power.

  • The Levelized Tariff under OPEX /RESCO model shall be calculated as indicated below for each qual- ified Bidders.

  • This will include the cost of Solar Cells as 26% of the above referred benchmark capital cost • Erection, Installation and Commissioning (I&C) component- 20% of the Benchmark capitalcost and • Yearly operational cost will be considered as 3% of the Benchmark capital cost The Levelized Tariff would be adjusted as below based on the variations in the capital cost and operational cost on account of change in taxes.

  • Levelized Tariff =  Nominal Tariffi x Discount Ratei  Discount Rate i where i varies from 1 to n.

  • Calculate the Levelized Tariff (LT) by using the 12% discount rate (d), 20 year term and NPV calculated above as the parameters in the function.


More Definitions of Levelized Tariff

Levelized Tariff means the tariff offered by the Bidder for 25 years for the Scope of work as per RFS document subject to the maximum levelized tariff of 25 years of as per clause 2
Sample 1
Levelized Tariff or “LT” – means the single value of Tariff in Taka or US cents per kWh for each of the Contract Years over the Term of the PPA, which would have the same present value as the present value of the annual Tariff in the Proposal of a Bidder, as calculated in accordance with Section B, Article 7 and Annex A, Exhibit II.
Sample 1

Related to Levelized Tariff

  • ISO-NE Tariff means ISO-NE’s Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended from time to time.

  • Reference Tariff means an access charge (including any system premium) applicable to a specified Reference Train Service over a specified part of the Infrastructure as specified in QR Network’s Access Undertaking;

  • Individualized treatment plan means a written and/or electronically recorded statement of care planned for a patient based upon assessment of the patient's developmental, biological, psychological, and social strengths and problems, and including:

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • CAISO Grid means the system of transmission lines and associated facilities of the Participating Transmission Owners that have been placed under the CAISO’s operational control.

  • CAISO Tariff means the California Independent System Operator Corporation Operating Agreement and Tariff, including the rules, protocols, procedures and standards attached thereto, as the same may be amended or modified from time to time and approved by the FERC.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Distribution Tariff means the Distribution Tariff prepared by the Company and approved by the Commission on an interim or final basis, as the case may be;

  • ISO Tariff means the ISO New England Inc. Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended, modified, superseded and supplemented from time to time, and including the Market Rules and Procedures.

  • Fee Tariffs means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated fee required pursuant to the Fees Rules but taking into account any applicable discount rate); and

  • B.E.P.D. means an entity certified as a Business enterprise owned or operated by people with disabilities as defined in MCC Section 2-92-586.

  • PJM Tariff or “Tariff shall mean that certain “PJM Open Access Transmission Tariff”, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.

  • Digital Signal Level 0 (DS-0 means the lowest-level signal in the time division multiplex digital hierarchy, and represents a voice-grade channel operating at either the 56 Kbps or 64 Kbps transmission bit rates. There are twenty-four (24) DS-0 channels in a DS-1.

  • Maintenance Manual shall have the meaning ascribed to it in Clause 10.7; “Maintenance Programme” shall have the meaning set forth in Clause 14.3; “Maintenance Period” shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause14.2;

  • Synchronous Optical Network (SONET) is an optical interface standard that allows inter-networking of transmission products from multiple vendors. The base rate is 51.84 Mbps (“OC-1/STS-1”) and higher rates are direct multiples of the base rate, up to 13.22 Gbps.

  • Extended producer responsibility ’ (EPR) means responsibility of any producer of packaging products such as plastic, tin, glass, wrappers and corrugated boxes, etc., for environmentally sound management, till end-of-life of the packaging products ;

  • Centralized prescription processing means the processing by a pharmacy of a request from another pharmacy to fill or refill a prescription drug order or to perform processing functions such as dispensing, drug utilization review, claims adjudication, refill authorizations, and therapeutic interventions.

  • Fines Tariff means a list of fines approved by the Clubs at a general meeting to be levied by the Management Committee for any breach of the Rules, as set out at Schedule A.

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • Maintenance Program means LESSEE's maintenance program as approved by the Aviation Authority or such other maintenance program as LESSOR may, in its discretion, accept in writing.

  • PJM Tariffs means the PJM OATT and the PJM Amended and Restated Operating Agreement, collectively.

  • Capacity Utilization Factor or “CUF” shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time; However, for avoidance of any doubt, it is clarified that the CUF shall be calculated on the Contracted Capacity; In any Contract Year, if ‘X’ MWh of energy has been metered out at the Delivery Point for ‘Y’ MW Project capacity, CUF= (X MWh/(Y MW*8766)) X100%; Declared CUF for this Project shall be % (to be revised as applicable).

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations.

  • Service Drop means a cable that, by its design, capacity and relationship to other cables of the Company, can be reasonably considered to be for the sole purpose of connecting backbone of the Equipment to not more than one individual customer or building point of presence or property;

  • Maintenance Programme shall have the meaning set forth in Clause 14.3; “Maintenance Period” shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;