SCE Comment definition
Examples of SCE Comment in a sentence
All communication, metering, telemetry, and associated generation operation equipment will be centralized into the [Distributed Energy Resource Aggregation’s] {SCE Comment: For DERs} [Generating Facility’s] {SCE: Comment: For non-DER Generating Facilities} SCADA.
All electric energy produced by the Generating Facility throughout the Delivery Term, net of Station Use; [and Site Host Load] {SCE Comment: For DERs with Excess-Sales only}, all Green Attributes [associated with Qualified Amounts] {SCE Comment: For DERs with Excess-Sales only}; all Capacity Attributes; and all Resource Adequacy Benefits; generated by, associated with or attributable to the Generating Facility throughout the Delivery Term.
At all times during the Delivery Period, Seller shall post and thereafter maintain Performance Assurance in an amount equal to {SCE Comment: Performance Assurance will be calculated based on RFP Instructions.}.
The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in kWh = A x B x C [- D] {SCE Comment: For DERs with Excess-Sales Where: A = B = C = The Installed DC Rating, in kWPDC.
Seller shall post and thereafter maintain Development Security equal to {SCE Comment: Development Security will be calculated based on RFP Instructions.}.
SCE shall complete a site visit on the Demonstration Date to verify that the Generating Facility was developed in accordance with the Generating Facility and Site Description set forth in Exhibit B and to determine the Demonstrated Contract Capacity, the DER Demonstrated Contract Capacity, [the Demonstrated Installed DC Rating, and the DER Demonstrated Installed DC Rating] {SCE Comment: For DERs that are Solar Photovoltaic}.
Delivery Point The Delivery Point shall be the CAISO Branch Group corresponding to the CAISO Intertie, [SCE Comment: insert CAISO BG/MSL Name].
Commencing after the last day of the first Showing Month of the Delivery Period and continuing throughout the Delivery Period, upon Notice, [Buyer/Seller] {SCE Comment: Select appropriate selection} may reduce the Full Floating Independent Amount to twenty percent (20%) of the sum of the Monthly Payments for the Current Month, as defined below, and all remaining months of the Delivery Period.
For the purposes of calculating the Collateral Requirement pursuant to Paragraph 3 of the Collateral Annex, the Full Floating Independent Amount for [Buyer/Seller] {SCE Comment: Select appropriate selection} shall be added to the Exposure Amount for [Buyer/Seller] {SCE Comment: Select appropriate selection} and subtracted from the Exposure Amount for [Buyer/Seller] {SCE Comment: Select appropriate selection}.
The “Delivery Period” shall commence on the later of (a) the first day of the first month that begins after seventy-five (75) calendar days following CPUC Approval, and (b) [Date], and shall continue in full force and effect until [Date] {SCE Comment: The Date should be the last calendar day of the last Showing Month}, unless terminated earlier in accordance with the terms and conditions of this Agreement.