T&D Operator definition
Examples of T&D Operator in a sentence
Resource Provider shall (i) enter into the Interconnection Construction Contract with T&D Operator to develop, design, finance, permit, construct, install, test and commission the PREPA Interconnection Facilities and the System Upgrades (the “PREPA Interconnection Facilities Work”), and (ii) promptly pay to T&D Operator all amounts invoiced by T&D Operator in accordance with the Interconnection Construction Contract for the cost of the PREPA Interconnection Facilities Work, up to the PREPA Final Cost.
After transfer from the T&D Operator, PREPA shall own and have responsibility for the safe and adequate operation and maintenance of the PREPA Interconnection Facilities.
On August 30, 2022, the T&D Operator filed the results of its Resource Adequacy Study prepared pursuant to the T&D O&M Agreement.
As the sole electric utility in Puerto Rico, PREPA (through the T&D Operator (as defined below)) provides electricity to approximately 1.5 million customers, making it one of the largest U.S. public utilities by customers served.
The market price refers to the area price of each supply area of the T&D Operator.
Once Administrator has received the proposed O&M Budgets submitted by T&D Operator in accordance with the PREPA-Genco-Hydroco Operating Agreement, Administrator shall review the O&M Budgets to ensure compliance with the then applicable Rate Order and Section 7.4 of the T&D O&M Agreement.
To the extent that any such Emergency materially precludes or impairs, in whole or in part, the dispatch of Power and Electricity, Operator shall also notify T&D Operator and any other person listed under the Legacy Generation Emergency Response Plan of such Emergency within twenty-four (24) hours.
Amendments to the Operating Budget), in the event that PREB takes any action or issues any order that could result in a change in the portion of rates that relate to the Legacy Generation Assets, then Operator shall, as promptly as practicable, prepare and submit to PREB, with copy to T&D Operator, Administrator and Hydroco, the proposed amendments to the Operating Budget, which amendments must be consistent with the then applicable Rate Order and shall require and be subject to approval by PREB.
If requested by PREPA, Resource Provider shall enter into a separate and substantially similar Trademark License Agreement with a T&D Operator.
In the event that Operator wishes to propose capital improvements to the Legacy Generation Assets, or unforeseen circumstances require increases to the O&M Budgets, Operator shall discuss such proposal or requirements with Administrator and, with Administrator’s approval, may coordinate with T&D Operator to prepare an application to PREB to request a change in the then applicable Rate Order.