Examples of Restoration Services in a sentence
This Rate Schedule also establishes the terms under which the ISO shall recover the costs of Restoration Services payments from Customers.
The ISO shall establish procedures for acquiring Restoration Services and requiring that the selected Generators test their units providing Restoration Services (“Black Start Capability Test”).
Generators that are obligated to provide Restoration Services as a result of divestiture contract agreements will not receive Restoration Services payments from the ISO for those services if they are already compensated as part of those divestiture contracts.
The ISO may amend the ISO Plan and may solicit offers for additional resources if it determines that additional Restoration Services are needed.
The ISO will make payments for such local Restoration Services to the Generators that provide them under the terms of this Rate Schedule.
Each Billing Period, the ISO shall charge, and each Customer in the local Transmission Owner’s Transmission District shall pay, a charge for the recovery of the costs of the ISO’s payments to Generators providing Restoration Services under the Transmission Owner’s local Restoration Services plan.
The charge shall be equal to: (A) the product of: (i) the Customer’s share of Load in the NYCA that is used to supply Station Power as a third-party provider for each day in the Billing Period, and (ii) the ISO’s total payments to Generators providing Restoration Services under the ISO Plan under Section 15.5.2 to this Rate Schedule for the Billing Period, divided by the total number of days in the Billing Period, (B) summed for all days in the Billing Period.
This charge shall be equal to: (A) the product of: (i) the Customer’s share of Load in the Transmission Owner’s Transmission District for each hour in the Billing Period, and (ii) the ISO’s total payments to Generators providing Restoration Services under the Transmission Owner’s Restoration Services plan under Section 15.5.2 to this Rate Schedule for the Billing Period, divided by the total number of hours in the Billing Period, (B) summed for all hours in the Billing Period.
Each Billing Period, the ISO shall charge, and each Customer shall pay based on its supply of Load that is not used to supply Station Power as a third-party provider under Part 5 of the ISO OATT, a charge for the recovery of the costs of the ISO’s payments to Generators providing Restoration Services under the ISO Plan.
Any Generator that is awarded Restoration Services payments and fails a Black Start Capability Test shall forfeit all payments for such services since its last successful test.