Test Energy Rate definition

Test Energy Rate has the meaning set forth in Section 3.6.
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Test Energy Rate has the meaning assigned to it in Attachment B.
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Test Energy Rate means a payment rate of the real time Locational Marginal Pricing (LMP) at the generator node.
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Examples of Test Energy Rate in a sentence

  • The Parties agree that the neither the Contract Price nor the Test Energy Rate are subject to adjustment or amendment if Seller fails to receive any Tax Credits, or if any Tax Credits expire, are repealed or otherwise cease to apply to Seller or the Facility in whole or in part, or Seller or its investors are unable to benefit from any Tax Credits.

  • Buyer shall purchase all Test Energy produced by the Facility during startup and testing at the Test Energy Rate.

  • Seller and Buyer agree that the Net Energy Rate or Test Energy Rate, as applicable, is intended to compensate Seller for all of the Net Energy of the Facility delivered to Buyer.

  • Seller and Buyer agree that the Net Energy Rate or Test Energy Rate, as applicable, is intended to compensate Seller for all of the Net Energy of the Facility delivered to Buyer.3.4 Generator Interconnection and Transmission Service.

  • The Parties agree that the neither the Contract Price nor the Test Energy Rate are subject to adjustment or amendment if Seller fails to receive any Tax Credits; if any Tax Credits expire, are repealed or otherwise cease to apply to Seller or the Facility in whole or in part; or Seller or its investors are unable to benefit from any Tax Credits.

  • Test Energy is compensated at the Test Energy Rate in accordance with Section 3.6.

  • Test Energy Rate Prior to the Commercial Operation Date, Buyer shall pay Seller the following rates per kWh ("Test Energy Rate") for Test Energy delivered by the Seller to Buyer at the Delivery Point.

  • Buyer shall pay Seller for the Net Energy delivered to Buyer at the Net Energy Rate for the applicable period in which service is p c d d tf thl A~tt h tB.B y h lip h ellTeetE gyp d cedhyth Facility during startup and testing at the Test Energy Rate.

  • The Parties agree that the neither the Renewable Rate, the Storage Rate nor the Test Energy Rate are subject to adjustment or amendment if Seller fails to receive any Tax Credits, or if any Tax Credits expire, are repealed or otherwise cease to apply to Seller or the Facility in whole or in part, or Seller or its investors are unable to benefit from any Tax Credits.

  • The Parties agree that neither the Renewable Rate, the Storage Rate nor the Test Energy Rate are subject to adjustment or amendment if Seller fails to receive any Tax Credits, or if any Tax Credits expire, are repealed or otherwise cease to apply to Seller or the Facility in whole or in part, or Seller or its investors are unable to benefit from any Tax Credits.


More Definitions of Test Energy Rate

Test Energy Rate means a payment rate of seventy-five percent (75%) of the Renewable Energy Payment Rate applicable as of the Commercial Operation Date.
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Test Energy Rate has the meaning set forth in Section 3.6. “Total Facility Capacity” has the meaning set forth in Exhibit A.
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Test Energy Rate for Solar Energy shall be [70% of the Solar Energy Payment Rate]. The Test Energy Rate for Natural Gas Generated Energy shall be [$____/MW].
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Related to Test Energy Rate

  • Test Energy means any Net Output during periods prior to the Commercial Operation Date and related Capacity Rights.

  • Annual Energy Use means the annual electricity usage, expressed in kWh, of accounts within a Party’s or Participant’s respective jurisdiction that are served by the Authority; and

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Net Energy The total quantity of electric energy (measured in kilowatt hours) produced by the Facility over a given time period and delivered to the Point of Interconnection, as measured by the revenue meter. "Net Energy" the equivalent of "Actual Output."