Price Floor of Energy definition

Price Floor of Energy means the floor price of Energy as --------------------- stated in Exhibit B.
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Examples of Price Floor of Energy in a sentence

  • The Price Floor of Energy will ensure that Supplier will receive an average price for Energy for each month which is not less than the price stated in Exhibit B.

  • The Price Floor of Energy is --------------------- stated in Exhibit B and shall not change during the term of this Agreement.

  • If Buyer is -------------------------- unwilling to accept the Minimum Annual Energy Take for any Contract Year, as may be adjusted pursuant to Section 4.1.2.2, the difference (in MWh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and the Minimum Annual Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy.

  • The Price Floor of Energy is stated in --------------------- Exhibit B and shall not change during the term of this Agreement.

  • If Buyer is unwilling -------------------------- to accept the Minimum Annual Energy Take for any Contract Year, as may be adjusted pursuant to Section 4.1.2.2, the difference (in MWh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and the Minimum Annual Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy.

  • If Buyer is unwilling to -------------------------- accept the Minimum Hourly Energy Take, the difference (in Mwh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and Minimum Hourly Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy.

  • The Price Floor of Energy is stated in Exhibit B and shall not change during the term of this Agreement.

  • The Price Floor of Energy is stated --------------------- in Exhibit B and shall not change during the term of this Agreement.

  • If Buyer is unwilling to accept the Minimum Hourly Energy Take, the difference (in Mwh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and Minimum Hourly Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy.

  • If Buyer is unwilling to -------------------------- accept the Minimum Annual Energy Take for any Contract Year, as may be adjusted pursuant to Section 4.1.2.2, the difference (in MWh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and the Minimum Annual Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy.

Related to Price Floor of Energy

  • Generator means a device that produces electricity.

  • Finished water means the water that is introduced into the distribution system of a public water system and is intended for distribution and consumption without further treatment, except as treatment necessary to maintain water quality in the distribution system (e.g., booster disinfection, addition of corrosion control chemicals).

  • Fuel means any solid, liquid or gaseous combustible material;

  • Geothermal energy means energy contained in heat that continuously flows outward from the earth that is used as the sole source of energy to produce electricity.

  • Gallon means a United States gallon of two hundred thirty-one cubic inches of liquid at 60º Fahrenheit, and at the equivalent vapor pressure of the liquid.

  • Combustion turbine means an enclosed fossil or other fuel-fired device that is comprised of a compressor, a combustor, and a turbine, and in which the flue gas resulting from the combustion of fuel in the combustor passes through the turbine, rotating the turbine.

  • Ton means a ton of two thousand two hundred and forty (2,240) lbs. net dry weight;

  • Fresh water means water, such as tap water, that has not been previously used in a process operation or, if the water has been recycled from a process operation, it has been treated and meets the effluent guidelines for chromium wastewater.

  • kW means kilowatt.

  • generating plant means the generating facility described in Schedule 1 as amended from time to time;

  • Electricity Supplier means any person authorised to supply electricity.

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