Super Peak Credit definition

Super Peak Credit. (08/15/08 Version) means a reduction in «Customer Name»’s demand billing determinants equal to the amount of additional energy provided by a Dedicated Resource, during a Super Peak Period, over the amount of energy that would have been provided by an equivalent amount of energy delivered flat across the monthly HLH period.
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Super Peak Credit means a reduction in Jefferson’s demand billing determinants equal to the amount of additional energy provided by a Dedicated Resource, during a Super Peak Period, over the amount of energy that would have been provided by an equivalent amount of energy delivered flat across the monthly HLH period.
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Examples of Super Peak Credit in a sentence

  • By October 31 of each Rate Case Year «Customer Name» shall notify BPA in writing of the monthly megawatt amounts of additional energy «Customer Name» elects to apply to its Total Retail Load for the upcoming Rate Period, for which «Customer Name» shall receive a Super Peak Credit.

  • Evaluation of PositionsThe Super Peak Credit program allows a Load Following customer to reshape its Dedicated Resource amounts into the Super Peak Period to reduce its Customer System Peak (CSP) and its Priority Firm (PF) demand charge on its power bill.

  • After reviewing WPAG’s direct case, Staff revised its proposal to provide that Super Peak Credit program participants would not receive a Super Peak Credit for a month if the participating customer failed to schedule the proper amount of power during at least two hours of a Super Peak Period.

  • Parties’ PositionsWPAG argues that BPA should change its proposal to amend the Super Peak Credit program by imposing a forfeiture of the Super Peak Credit for an entire month should such customers fail to schedule as little as one megawatt during one hour of a month.

  • WPAG argued in its direct case that BPA should change its proposal to amend the Super Peak Credit program by imposing a forfeiture of the Super Peak Credit for an entire month should such customers fail to schedule as little as one megawatt during one hour of a month.

  • Staff noted that it was not BPA’s intent to impose a demand UAI on a customer, in addition to not providing a Super Peak Credit, if a customer failed to provide the contractually committed Super Peak amount at the time of the customer’s system peak.

  • Issue 3.4.3.1‌ Whether BPA should impose a forfeiture of the Super Peak Credit for a month should a customer fail to schedule its contractually committed-to Super Peak amounts during one hour of a month.

  • Id. Staff proposed that program participants would not receive a Super Peak Credit for a month if the participating customer failed to schedule the proper amount of power during at least two hours of a Super Peak Period.

  • The Super Peak Credit is equal to the amount of additional capacity provided by a non-Federal resource over the amount of capacity provided by an equivalent amount of energy delivered flat across the monthly heavy load hour (HLH) period.

  • WPAG Br., BP-20-B-WG-01, at 17.DecisionBPA will revise the 2020 Power Rate Schedules and GRSPs to provide that Super Peak Credit program participants will not receive a Super Peak Credit for a month if the participating customer fails to schedule the proper amount of power during at least two hours of a Super Peak Period.

Related to Super Peak Credit

  • Bank Credit Facility means any credit agreement or working capital facility among the Company and/or its Subsidiaries and one or more lenders, as such credit agreement or working capital facility may be amended, renewed, extended, substituted, refinanced, restructured, replaced, supplemented or otherwise modified (including with other lenders) from time to time, regardless of whether any other credit agreement or working capital facility or any portion thereof was outstanding or in effect at the time of such amendment, renewal, extension, substitution, refinancing, restructuring, replacement, supplement or modification.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Service Credit means the periods of time for which the required contributions have been made to

  • Group II Senior Percentage For any Distribution Date, the lesser of (i) 100% and (ii) the aggregate Class Principal Balance of the Group II-A and Residual Certificates divided by the aggregate Class Principal Balance of the Group II Loans (exclusive of the Class II-P Fraction thereof, with respect to any Class II-P Mortgage Loan), in each case immediately before such Distribution Date.

  • Company Credit Facility means the Credit Agreement, dated as of March 24, 2016, as amended and restated as of December 14, 2017, as further amended and restated as of May 7, 2019, as further amended and restated as of September 11, 2019, and as further amended as of November 14, 2019, by and among Centene, the various financial institutions named therein, as lenders, and Wells Fargo Bank, National Association, as administrative agent, including any related notes, Guarantees, collateral documents, instruments and agreements executed in connection therewith, and in each case as amended, restated, modified, renewed, refunded, replaced or refinanced (in whole or in part) from time to time, whether or not with the same lenders or agent.

  • Revolver Percentage means, for each Lender, the percentage of the Revolving Credit Commitments represented by such Lender’s Revolving Credit Commitment or, if the Revolving Credit Commitments have been terminated, the percentage held by such Lender (including through participation interests in Reimbursement Obligations) of the aggregate principal amount of all Revolving Loans and L/C Obligations then outstanding.

  • Credit means the right granted by a creditor to a debtor to defer payment of debt or to incur debt and defer its payment.

  • Credit Facility shall include any agreement or instrument (1) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (2) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (3) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (4) otherwise altering the terms and conditions thereof.

  • New Credit Facility is defined in Section 9.8.

  • Consolidated Group Pro Rata Share means, with respect to any Investment Affiliate, the percentage of the total equity ownership interests held by the Consolidated Group in the aggregate, in such Investment Affiliate determined by calculating the greater of (i) the percentage of the issued and outstanding stock, partnership interests or membership interests in such Investment Affiliate held by the Consolidated Group in the aggregate and (ii) the percentage of the total book value of such Investment Affiliate that would be received by the Consolidated Group in the aggregate, upon liquidation of such Investment Affiliate, after repayment in full of all Indebtedness of such Investment Affiliate.

  • Prior service credit means credit provided under ORS 238.442 or under ORS 238.225 (2)

  • Credit Facility Provider means the issuer of or obligor under a Credit Facility.

  • pension credit ; means the means-tested Guarantee or Savings Credit administered by the Department for Work and Pensions under the State Pension Credit Regulations 2002;

  • Loan Group II The group of Mortgage Loans identified in the Mortgage Loan Schedule as having been assigned to Loan Group II.

  • Prepetition Credit Agreement has the meaning specified in the recitals hereto.

  • Open-end credit means credit extended by a creditor under an agreement in which:

  • Line of Credit mean the credit facility described in the Section titled "LINE OF CREDIT" below.

  • Group I Senior Percentage As of each Distribution Date, the lesser of 100% and a fraction, expressed as a percentage, the numerator of which is the aggregate Certificate Principal Balance of the Group I Certificates immediately prior to such Distribution Date and the denominator of which is the aggregate Stated Principal Balance of all of the Mortgage Loans (or related REO Properties) in Loan Group I immediately prior to such Distribution Date.

  • Bank Credit Agreement means the Credit Agreement dated as of May 9, 2005 by and among the Company, certain Subsidiaries of the Company named therein, the Administrative Agent, and the Bank Lenders and other financial institutions party thereto, as amended, restated, joined, supplemented or otherwise modified from time to time, and any renewals, extensions or replacements thereof, which constitute the primary bank credit facility of the Company and its Subsidiaries.

  • Revolving Facility Percentage means, with respect to any Revolving Facility Lender of any Class, the percentage of the total Revolving Facility Commitments of such Class represented by such Lender’s Revolving Facility Commitment of such Class. If the Revolving Facility Commitments of such Class have terminated or expired, the Revolving Facility Percentages of such Class shall be determined based upon the Revolving Facility Commitments of such Class most recently in effect, giving effect to any assignments pursuant to Section 9.04.

  • Material Credit Facility means, as to the Company and its Subsidiaries,

  • Revolving Facility Loan means a Loan made by a Revolving Facility Lender pursuant to Section 2.01(b). Unless the context otherwise requires, the term “Revolving Facility Loans” shall include the Other Revolving Loans.

  • Credit Enhancement Percentage For any Distribution Date, the percentage equivalent of a fraction, the numerator of which is the sum of the aggregate Certificate Principal Balances of the Mezzanine Certificates and the Class CE Certificates, and the denominator of which is the aggregate Stated Principal Balance of the Mortgage Loans, calculated after taking into account distributions of principal on the Mortgage Loans and distribution of the Principal Distribution Amount to the Certificates then entitled to distributions of principal on such Distribution Date.

  • Revolver means a short firearm having a cylinder of several chambers that are brought successively into line with the barrel to be discharged, designed to be aimed and fired by the use of a single hand.

  • Revolving Facility Exposure means, for any Lender at any time, the sum of (i) the principal amount of Revolving Loans made by such Lender and outstanding at such time, and (ii) such Lender’s share of the LC Outstandings at such time.

  • Senior Credit Facility shall include any agreement (i) changing the maturity of any Indebtedness Incurred thereunder or contemplated thereby, (ii) adding Subsidiaries of the Company as additional borrowers or guarantors thereunder, (iii) increasing the amount of Indebtedness Incurred thereunder or available to be borrowed thereunder or (iv) otherwise altering the terms and conditions thereof.