Spot Energy Price definition

Spot Energy Price. [as referred to in Section 3.2] means the weighted average (weighted in accordance with the account’s hourly consumption or utility rate class consumption profile) of hourly Real Time prices for the trading hub indicated in the Transaction Confirmation and verified through the source also identified therein, plus all other elements of Full Requirements Service at their otherwise applicable net costs.

Spot Energy Price means the Average LMPZ for the Load Zone per MWh.

Spot Energy Price means the weighted average (weighted in accordance with the applicable Sysco Party’s Actual Usage) Hourly Energy Price applicable to the California ISO delivery point plus uplifts such as ancillary services, losses, congestion, ISO and administrative fees, and other non-Utility related costs. WHERE:

Examples of Spot Energy Price in a sentence

• EESI shall credit Sysco Corporation for each kWh of Excess Usage, an amount equal to the negative difference, if any, derived by subtracting (x) the EESI Energy Price from (y) the weighted average Spot Energy Price for the Facility Group for the applicable Billing Cycle.

• EESI shall credit Sysco Corporation for each kWh of Deficiency Usage, an amount equal to the negative difference, if any, derived by subtracting (x) the weighted average Spot Energy Price for the Facility Group for the applicable Billing Cycle from (y) the EESI Energy Price.

• The Parties agree that if at any time during the Services Term there becomes available an alternative index which, in EESI's reasonable opinion, is more reflective of the relevant electricity market for the one or more Facilities than the Spot Energy Price, or if the Spot Energy Price ceases to be measured and reported during the Services Term, then EESI may, upon thirty days written notice to Sysco Corporation, elect such new index as the Spot Energy Price for such Facility(ies) hereunder.

• For Excess Usage during any Contract Year, other than a Contract Year in the period from the Commencement Date through the last day of the Billing Cycle ending in January 2005, EESI will xxxx Customer on an EESI Invoice, and Customer will pay EESI, for each kWh of Excess Usage, an amount equal to the positive difference, if any, derived by subtracting (i) the EESI Energy Price; from (ii) the average Spot Energy Price for the applicable Contract Year.

• The Parties agree that if an any time during the Contract Term there becomes available an alternative index which, in EESI’s reasonable opinion, is more reflective of the relevant electricity market for one or more Facilities than the Spot Energy Price, or if the Spot Energy Price ceases to be measured and reported during the Contract Term, then EESI may, upon thirty (30) days written notice to SBC, elect such new index as the Spot Energy Price for such Facility(ies) hereunder.

More Definitions of Spot Energy Price

Spot Energy Price means the Average LMPZ plus $15.00 per MWh.

Spot Energy Price means the weighted average (weighted in accordance with the account’s hourly consumption or utility rate class consumption profile) of the applicable market clearing price for balancing energy, as posted by the ISO for the applicable delivery point. The Spot Energy Price shall also include all non- utility charges arising from uplifts, ancillary services, losses, congestion, and other ISO charges or administrative fees incurred in connection with delivery of energy.

Spot Energy Price means [ ].

Spot Energy Price means [insert applicable definition] UTILITY INVOICE PAYMENT: Check One.  Yes  No ADDITIONAL CREDIT PROVISIONS: [add additional credit support requirements and additional definition of “Event of Default”]

Spot Energy Price means, for any On Peak, Off Peak, Sunday or NERC Holiday hour (as applicable) during a particular day of the Billing Cycle, the price for firm electric energy for such On Peak, Off Peak, Sunday or NERC Holiday hour, respectively, as published in the Wall Street Journal for such day, which price shall be the NP15, SP15, ZP26 or other ISO defined congestion zone prices for energy delivered to the intrastate transmission grid in California, as applicable to each Facility, plus all non-Utility charges arising from uplifts, ancillary services, losses, congestion and other ISO charges or administrative fees incurred in connection with delivery of energy to the intrastate transmission grid in California (as of the Effective Date managed by the ISO).

Spot Energy Price means the weighted average (weighted in accordance with the account’s hourly consumption or utility rate class consumption profile) of the applicable market clearing price for balancing energy, or any successor price thereto, as posted by the ISO for the relevant delivery point, and, except to the extent that a non-utility charge is separately listed as an obligation in this Sales Confirmation (e.g. Capacity, Congestion, Transmission), the Spot Energy Price shall also include all non-utility charges arising from uplifts, installed capacity ancillary services, losses, congestion, and other ISO charges or administrative fees incurred in connection with delivery of energy. Billing Contact Information: All invoices to Customer for service under this Sales Confirmation shall be provided to the person and address specified in the chart following the signature block of this Sales Confirmation.

Spot Energy Price the weighted average (weighted in accordance with, as applicable, Customer’s hourly usage, Customer’s Utility rate class usage profile, or the Curtailment Imbalance) over the applicable period of the ISO/RTO hourly settlement prices (should an ISO or RTO exist for ComEd’s service territory) or secondly, the daily on-peak and off-peak into ComEd prices as reported by Megawatt Daily (Financial Times Energy) or thirdly, any successor publication plus ancillary services, congestion, line losses, and other uplifts associated with the delivery of retail generation.