Renewable Rate definition
Renewable Rate has the meaning set forth on the Cover Sheet.
Renewable Rate has the meaning set forth on the Cover Sheet. “Replacement Energy” has the meaning set forth in Exhibit G. “Replacement Green Attributes” has the meaning set forth in Exhibit G. “Replacement Product” has the meaning set forth in Exhibit G.
Renewable Rate. The “Renewable Rate” shall be expressed in $/MWh and established pursuant to the Seller Offer provisions below.
Examples of Renewable Rate in a sentence
The Parties agree that the Renewable Rate is not subject to adjustment or amendment if Seller fails to receive any Tax Credits, or if any Tax Credits expire, are repealed or otherwise cease to apply to Seller or the Facility in whole or in part, or Seller or its investors are unable to benefit from any Tax Credits.
More Definitions of Renewable Rate
Renewable Rate has the meaning set forth on the Cover Sheet; provided, however, that for all Generating Facility Energy and Deemed Delivered Energy generated or deemed generated during the period on and after the Commercial Operation Date until the RA Guarantee Date, the Renewable Rate shall be equal to the Test Energy Rate; provided further that if during such period the Facility has received a Full Capacity Deliverability Status Finding and the Net Qualifying Capacity of the Facility is able to be shown on the Buyer’s monthly Resource Adequacy Plan to the CAISO and CPUC and counted as Resource Adequacy Capacity, for any day occurring during a Showing Month during which the Net Qualifying Capacity of the Facility was able to be shown on Buyer’s monthly or annual Resource Adequacy Plan to the CAISO and CPUC and counted as Resource Adequacy Capacity, the full Renewable Rate set forth on the Cover Sheet shall apply.
Renewable Rate has the meaning set forth on the Cover Sheet; provided, if the officer’s certificate provided by Seller pursuant to Section 2.2(k) states that Seller will claim a Tax Credit rate for the Facility that is higher than Seller’s assumed Tax Credit rate as set forth on the Cover Sheet, the Renewable Rate shall be reduced by (a) $[__]/MWh for each one one (1) percentage point that the claimed ITC rate is above 30 zero percent (30%) or (b) $[__]/MWh for each $0.0005/kWh that the PTC rate is above $0.00[___]/kWh.
Renewable Rate means the Tranche A PPA Rate or the Tranche B PPA Rate, or any or all of the foregoing as the context may require.
Renewable Rate has the meaning set forth on the Cover Sheet. 14 Applicable if the Facility includes a Storage Facility.
Renewable Rate. The Renewable Rate shall be $[XX]/MWh. [If there is an escalator, this should be noted.]
Renewable Rate means the price per MWh of PV Energy that qualifies as PCC1, as set forth on the Cover Sheet, and as may be adjusted by Section 3.3.