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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.
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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.
Sample 1
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.
Sample 1

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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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'').

  • 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.

  • Energy Costs Fixed Ancillary Services And Other ISO Costs Fixed Capacity Costs Fixed Transmission Costs Fixed Line Loss Costs Fixed RMR Costs Fixed FERC Order 745 Costs Fixed Balancing Congestion Costs Fixed Transmission Reallocation Costs Fixed The contract prices contained in the Account Schedule have been reduced to reflect a fixed credit to you for the Auction Revenue Rights and Transmission Loss Credits associated with the Account(s).

  • Given the complexities involved, and the possibility of good faith disagreements, in calculating the Working Capital Adjustment, the RMR Adjustment, the Takeover RMR Adjustment, Buyer’s Share of Acquired RMR Costs, and Funded Debt, the parties have set forth on Schedule 2.1(a) an example of the procedures to be followed in such calculations by using the Companies’ August 31, 2005 balance sheet and recurring monthly revenue.

  • NCPA at 3-4, noting that certain Generating Units that it owns which have been designated as RMR Units may fall into this category.proposal is therefore consistent with principles of cost causation and sends appropriate price signals to the party most capable of eliminating these costs.Nothing in Amendment No. 22 would change the current approach to the allocation of RMR Costs reflected in Section 5.2.8, as approved by the Commission.

Related to RMR Costs

  • Costs For any Person, any claims, losses, damages, penalties, fines, forfeitures, reasonable and necessary legal fees and related costs, judgments, and other costs and expenses of such Person.

  • Transfer Costs means the cost of registration of Transfer arising herefrom calculated with reference to the fee chargeable in terms of the recommended guideline of conveyancing fees, and all incidental disbursements necessary to effect registration, together with VAT on such costs and disbursements, but specifically excluding any costs relating to mortgage bond registration;

  • 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.

  • 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:

  • 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.

  • Initial Costs means all costs incurred by the Authority relating to the establishment and initial operation of the Authority, such as the hiring of a Chief Executive Officer and any administrative staff, any required accounting, administrative, technical and legal services in support of the Authority’s initial formation activities or in support of the negotiation, preparation and approval of power purchase agreements. The Board shall determine the termination date for Initial Costs.

Most Referenced Clauses

Most Referenced Definitions