Monthly Energy Capacity Payment definition

Monthly Energy Capacity Payment has the meaning set forth in Section 9.02(b).
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Monthly Energy Capacity Payment has the meaning set forth in Section 3.06(b), as may be reduced under Section 3.05(d).
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Examples of Monthly Energy Capacity Payment in a sentence

  • If the Monthly Energy Capacity Payment is reduced in accordance with this Agreement, SCE shall make the Reduced Monthly Energy Capacity Payment in lieu of the Monthly Energy Capacity Payment.

  • For each applicable Generating Unit, the RA Adjustment shall be applied to the calculation of the Reduced Monthly Energy Capacity Payment for such Generating Unit under Section 10.01(e).

  • For purposes of calculating the Energy Efficiency Capacity Payment Reduction in this Section 10.02, the Monthly Energy Capacity Payment is the Monthly Energy Capacity Payment applicable to the Storage Unit as set forth in Appendix 9.02.

  • If , then the “Energy Efficiency Capacity Payment Reduction”, using the deviation from the Guaranteed Efficiency Factor Min ( ) for month m calculated pursuant to Section 9.06(b), is calculated as follows: Energy Efficiency Capacity Payment Reduction m = (Monthly Energy Capacity Payment – (Rated Power Capacity Payment Reduction + A/S Capacity Payment Reduction)) * *-1.

  • For each applicable Storage Unit, the RA Adjustment shall be applied to the calculation of the Reduced Monthly Energy Capacity Payment for such Storage Unit under Section 10.03.

  • The Monthly Energy Capacity Payment for each Storage Unit for each month of a Put Delivery Period is set forth in Appendix 9.02 and is subject to reduction in accordance with this Agreement.

  • The Monthly Energy Capacity Payment is as calculated below: “Monthly Energy Capacity Payment” = (A x B x 1,000) where: A = applicable Monthly Energy Capacity Price, and B = Contract Capacity.

  • Compensation to Seller for the Product for any Put Period shall consist of (a) a Monthly Energy Capacity Payment or Reduced Monthly Energy Capacity Payment calculated in accordance with Sections 3.06, 3.11 and 3.12, and subject to Section 3.05(d); (b) a Variable O&M Payment calculated in accordance with Section 3.08; and (c) a Variable Asset Replacement Payment calculated in accordance with Section 3.14.

  • For each Storage Unit, SCE shall make a Monthly Energy Capacity Payment, payable in arrears, to Seller for each month of the Put Delivery Period.

  • For each Storage Unit, SCE shall make thea Monthly Energy Capacity Payment, payable in arrears, to Seller for each month of the Put Delivery Period.

Related to Monthly Energy Capacity Payment

  • Capacity Payment means a payment to a capacity provider under these Regulations for its commitment to meet a capacity obligation during a delivery year;

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Generation Capacity Resource shall have the meaning specified in the Reliability Assurance Agreement.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Contract Capacity has the meaning set forth in Section 3.1(f).

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

  • Planned Financed Generation Capacity Resource means a Planned Generation Capacity Resource that, prior to August 7, 2015, has an effective Interconnection Service Agreement and has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close.

  • Net energy metering means measuring the difference, over the net metering period, between (i)

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.

  • Base Capacity Resource means a Capacity Resource as described in Tariff, Attachment DD, section 5.5A(b).

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • 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.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Potential electrical output capacity means, with regard to a unit, 33 per- cent of the maximum design heat input of the unit.

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

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

  • Planned External Financed Generation Capacity Resource means a Planned External Generation Capacity Resource that, prior to August 7, 2015, has an effective agreement that is the equivalent of an Interconnection Service Agreement, has submitted to the Office of the Interconnection the appropriate certification attesting achievement of Financial Close, and has secured at least 50 percent of the MWs of firm transmission service required to qualify such resource under the deliverability requirements of the Reliability Assurance Agreement.

  • Storage Capacity means any combination of space, injectability and deliverability.

  • Energy Savings means an amount of saved energy determined by measuring and/or estimating consumption before and after implementation of an energy efficiency improvement measure, whilst ensuring normalisation for external conditions that affect energy consumption;

  • Monthly Charge shall have the meaning set forth in Article 5.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.

  • Available RP Capacity Amount means (i) the amount of Restricted Payments that may be made at the time of determination pursuant to Sections 7.06(d), (g), (h) and (l) minus (ii) the sum of the amount of the Available RP Capacity Amount utilized by the Borrower or any Restricted Subsidiary to (A) make Restricted Payments in reliance on Sections 7.06 (g), (h) or (l), (B) incur Liens pursuant to Section 7.01(bb), (C) make Investments pursuant to Section 7.02(n), (D) incur Indebtedness pursuant to Section 7.03(y) and (E) make prepayments, redemptions, purchases, defeasances and other payments in respect of Junior Financings prior to their scheduled maturity utilizing the Available RP Capacity Amount pursuant to Section 7.13 plus (iii) the aggregate principal amount of Indebtedness prepaid prior to or substantially concurrently at such time, solely to the extent such Indebtedness (A) was secured by Liens pursuant to Section 7.01(bb) or (B) was incurred pursuant to Section 7.03(y) and not secured pursuant to Section 7.01(bb) (it being understood that the amount under this clause (iii) shall only be available for use under Sections 7.01(bb) and/or 7.03(y), as applicable).