Surplus Delivery definition
Examples of Surplus Delivery in a sentence
Seller shall make commercially reasonable efforts to schedule in any hour an amount equal to its expected Net Output for such hour, or to the extent the Facility does not produce Net Output in whole MW increments, Seller shall make commercially reasonable efforts to schedule amounts intended to reasonably minimize Supplemental Delivery and Surplus Delivery in each month.
In reliance upon Seller’s warranties in Section 7, above, Utility agrees to accept deliveries of imbalance ancillary service energy from Seller in the form of Supplemented Delivery, and Utility will pay Seller the Contract Price for such Supplemental Delivery; provided, however, that Utility is not obligated to pay for Surplus Delivery.
PacifiCorp will include an accounting of Surplus Delivery in each monthly statement provided to Seller pursuant to Section 9.1 of this Agreement.
On-Peak Scheduled/Delivered Energy (MWhs): 18.00 Off-Peak Scheduled/Delivered Energy (MWhs): 1.00 Total MWhs Utility will pay for: On-Peak MWhs: 18.00 – 0.24 = 17.76 MWhs Off-Peak MWhs: 1.00 – 0.36 = 0.64 MWhs Total MWhs: 18.40 MWhs *Utility will accept but will not be obligated to pay for Surplus Delivery, per the terms of this Exhibit K and OAR 860-029-0121.
In the event Seller does not achieve zero EIA at the end of each Settlement Period, PacifiCorp will declare any positive balance to be Surplus Delivery, and Seller’s EIA will be reset to zero.