Tariff Year definition

Tariff Year means each period of 12 months commencing from the Commercial Operations Date of the Project. The last Tariff Year of this Agreement shall end on the date of expiry of this Agreement.
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Tariff Year means the each period of 12 months beginning from the COD. The last Tariff Year shall end on the date of expiry or termination of this Agreement as applicable
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Tariff Year means a 12-month period which begins on the 1st October and ends at midnight on 30th September and relates to the application of non-domestic tariffs.
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Examples of Tariff Year in a sentence

  • The calculation of CUF shall be done on an yearly basis i.e., over the Tariff Year.

  • For Delivered Energy beyond 25% CUF, the applicable Tariff shall be equal to the 50% of the Quoted Tariff specified for that Tariff Year.

  • Tariff rates will be paid quarterly to Subscriber Organizations based on a cents/kWh calculation of the Purchase Price for the given Tariff Year multiplied by the metered kWh applicable to the SCEF.

  • For example, if 14 MUs are produced by the SPD in a Tariff Year, it will be liable to pay difference between its quoted tariff and the tariff charged by DISCOM for defaulted 0.4 MUs, If only 13.5 MUs are produced, the SPD will be liable to pay the entire tariff charged by DISCOM for 0.9 i.e., (14.4-13.5) MUs  Entire proceedings/income that shall accrue to SPD from Discom related to banked energy owing to deemed sale to Utility, if any, shall be transferred to VMC.

  • SCCL shall receive full Annual Fixed Charges if Availability in the Tariff Period or Tariff Year is not less than 80%.


More Definitions of Tariff Year

Tariff Year means from 00:00 hours on 1st October until 23:59 hours on the 30th September of each year of the Agreement commencing 2017;
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Tariff Year means the twelve (12) consecutive calendar months starting on the In-Service Date and each subsequent twelve (12) consecutive calendar month period;
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Tariff Year means the twelve (12) consecutive calendar months starting on the In-Service Date and each subsequent twelve (12) consecutive calendar month period; ONLY
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Tariff Year. – means the 12-month period between Tariff Adjustments;
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Tariff Year means any one period or a series of periods, usually a financial year, as specified by the Authority.
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Tariff Year. – means a period of 12-months from the date the approved tariff is effective;
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Tariff Year means a year commencing on 1st day of April and ending on 31st march of subsequent year
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