RMR Costs definition

RMR Costs or “Reliability-Must-Run Costs” means the generation deactivation charges and other such charges, if any, imposed by the ISO on load served in a particular load zone to recover the cost for any generation units that plan to retire but are required by the ISO to run for reliability purposes beyond their intended retirement date, in accordance with the applicable ISO rules and OATT provisions.
RMR Costs or “Reliability-Must-Run Costs” means the generation deactivation charges and other such charges, if any, imposed by the ISO on load served in a particular load zone to recover the cost for any generation units that plan to retire but are required by the ISO to run for reliability purposes beyond their intended retirement date, in accordance with the applicable ISO rules and OATT provisions. Beginning on June 1, 2015, Pennsylvania Electric Company (PECO) will be responsible for collecting any new RMR Costs that are incurred during the term of this Agreement on your Utility charges for delivery/distribution services. If at any time during the term of this Agreement PECO discontinues collecting RMR Costs and we again become responsible for collecting them, we will pass those costs through to you.
RMR Costs or “Reliability-Must-Run Costs” means the generation deactivation charges and other such charges, if any, imposed by the ISO on load served in a particular load zone to recover the cost for any generation units that plan to retire but are required by the ISO to run for reliability purposes beyond their intended retirement date, in accordance with the applicable ISO rules and OATT provisions. Beginning on June 1, 2015, several Pennsylvania UDCs (i.e., PECO, MetEd, Penelec, Penn-Power and West Penn-Power) will be responsible for collecting RMR Costs that are incurred during the term of this Agreement on your UDC Charges. If at any time during the term of this Agreement the aforementioned UDCs discontinue collecting RMR Costs and we again become responsible for collecting them, we will pass those costs through to you.

Examples of RMR Costs in a sentence

  • These RMR Costs will be allocated to each Scheduling Coordinator in pro-ration of its Load-Serving Entities’ TAC Area metered Demand to total TAC Area metered Demand.

  • Allocation of RMR Costs and Resource Adequacy Credits RMR costs are currently allocated only to participating transmission owners.CAISO proposes to revise Section 41.9 of the tariff to allocate, ex post on the basis of metered demand, RMR costs not recovered through market revenues to the scheduling coordinators for load serving entities in the TAC area in which the need for the RMR contract arose.

  • If the agreement contains RMR Costs and an Availability and Performance Rate; the inputs to and ISO’s calculation of Avoidable Costs; and the Availability and Performance Rate.

  • In this section you will find information on the following topics:  Financial Requirements for new Responsible Utilities for RMR costs Financial Requirements for RMR owners13.1 Responsibility for RMR Costs by New Responsible UtilitiesThe credit obligations for Reliability Must-Run Contracts are independent of the credit responsibilities for other CAISO activities.

  • Intra-zonal congestion cost is comprised of three components 1) Minimum Load Cost Compensation (MLCC) for units denied must-offer waivers, 2) RMR Costs, and 3) real-time redispatch costs.

  • In this section you will find information on the following topics: ⮚ Financial Requirements for new Responsible Utilities for RMR costs Financial Requirements for RMR owners13.1 Responsibility for RMR Costs by New Responsible UtilitiesThe credit obligations for Reliability Must-Run Contracts are independent of the credit responsibilities for other CAISO activities.

  • Balances of Sundry Debtors & Creditors are subject to confirmation.

  • Any applicable RMR Costs are also included in the contract prices..

  • Any applicable RMR Costs are also included in the contract prices.

  • The Parties acknowledge that for Accounts located in First Energy’s Ohio service territory, Transmission Costs and certain Ancillary Services And Other ISO Costs as well as any RMR Costs are directly invoiced by the UDC as part of your delivery charges as more specifically described in First Energy’s Rider NMB as revised from time to time (collectively, ''UDC Charges'').

Related to RMR Costs

  • Costs means, with respect to the Non-Defaulting Party, (a) brokerage fees, commissions and other similar third party transaction costs and expenses reasonably incurred by such Party either in terminating any arrangement pursuant to which it has hedged its obligations or in entering into new arrangements which replace the Terminated Transaction; and (b) all reasonable attorneys’ fees and expenses incurred by the Non-Defaulting Party in connection with the termination of the Transaction.

  • Other Costs Defined in Section 13.9(c).

  • Direct Costs means the sum of the following:

  • Legal Costs of a person means legal costs incurred by that person in defending an action for a Liability of that person.

  • Expenses shall include all direct and indirect costs, fees and expenses of any type or nature whatsoever, including, without limitation, all reasonable attorneys’ fees and costs, retainers, court costs, transcript costs, fees of experts, witness fees, travel expenses, fees of private investigators and professional advisors, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, fax transmission charges, secretarial services and all other disbursements, obligations or expenses in connection with prosecuting, defending, preparing to prosecute or defend, investigating, being or preparing to be a witness in, settlement or appeal of, or otherwise participating in, a Proceeding (as defined below), including reasonable compensation for time spent by Indemnitee for which he or she is not otherwise compensated by the Company or any third party. Expenses also shall include Expenses incurred in connection with any appeal resulting from any Proceeding (as defined below), including without limitation the principal, premium, security for, and other costs relating to any cost bond, supersedeas bond, or other appeal bond or its equivalent. Expenses, however, shall not include amounts paid in settlement by Indemnitee or the amount of judgments or fines against Indemnitee.

  • Attorneys’ Fees and Costs means: (i) fees and out of pocket costs of Lender’s and Loan Servicer’s attorneys, as applicable, including costs of Lender’s and Loan Servicer’s in-house counsel, support staff costs, costs of preparing for litigation, computerized research, telephone and facsimile transmission expenses, mileage, deposition costs, postage, duplicating, process service, videotaping and similar costs and expenses; (ii) costs and fees of expert witnesses, including appraisers; (iii) investigatory fees; and (iv) costs for any opinion required by Lender pursuant to the terms of the Loan Documents.

  • Allocable Costs means costs allocable to a particular cost objective if the goods or services involved are chargeable or assignable to such cost objective in accordance with relative benefits received or other equitable relationship. Costs allocable to a specific Program may not be shifted to other Programs in order to meet deficiencies caused by overruns or other fund considerations, to avoid restrictions imposed by law or by the terms of this Agreement, or for other reasons of convenience.

  • Travel costs ’ means expenses for transportation, lodging, subsistence (meals and incidentals), and related expenses incurred by employees who are on travel status on official business of the recipient for any travel outside the country in which the organization is located. “Travel costs” do not include expenses incurred by employees who are not on official business of the recipient, such as rest and recuperation (R&R) travel offered as part of an employee’s benefits package that are consistent with the recipient’s personnel and travel policies and procedures.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Development Costs means costs incurred to obtain access to reserves and to provide facilities for extracting, treating, gathering and storing the oil and gas from reserves. More specifically, development costs, including applicable operating costs of support equipment and facilities and other costs of development activities, are costs incurred to:

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.