Examples of TOD Period in a sentence
C = The sum of Energy recorded by the meter specified in Section 6.2.1 or Check Meter, as applicable, in all hours for the TOD Period being calculated, in kWh. D = Any Energy produced by the Facility for which Buyer is not obligated to pay Seller as set forth in Section 3.7.1.
Each monthly TOD Period payment will be calculated pursuant to the following formula, where “n” is the TOD Period being calculated: TOD PERIODn PAYMENT = A x B x (C - D) Where: A = Contract Price, in $/kWh. B = The Payment Allocation Factor for the TOD Period being calculated.
The monthly payment will equal the sum of (a) the sum of the monthly TOD Period payments for all TOD Periods in the month and (b) the Curtailed Product Payment for the month.
C = The sum of Energy recorded by the meter specified in Section 5.2.1 or Check Meter, as applicable, in all hours for the TOD Period being calculated, in MWh. D = Any Energy produced by the Facility for which Buyer is not obligated to pay Seller as set forth in Section 2.7.1.
The Capacity Factor shall be calculated by TOD Period and defined as the percentage amount resulting from Delivered Energy in the applicable TOD Period divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable TOD Period minus Seller Excuse Hours in the applicable TOD Period (“Capacity Factor”): Capacity Factor = Delivered Energy / (Contract Capacity x (Hours in TOD Period minus Seller Excuse Hours)).
The monthly payment will equal the sum of the monthly TOD Period payments for all TOD Periods in the month,minus (b) the Negative LMP Costs ] [Only for Facilities with a Nameplate Capacity greater than three megawatts] (“Monthly TOD Payment”).
The TOD Period Energy Price is set forth in Section 2 of Exhibit D.
The TOD Period Energy Price, in dollars per kWh, for any TOD Period shall be calculated pursuant to and as determined by the methodology set forth in SRAC.
TOD PERIOD CAPACITY PAYMENT in dollars = ACP x CAF Where:ACP = As-Available Capacity Payment for the TOD Period, as determined in accordance with Section 3(b) of this Exhibit B (1), in dollars per year.
CAF = The CPUC approved Capacity Payment Allocation Factor for the TOD Period in the year, based upon the formula adopted by the CPUC in D.01-03- 067 and D.97-03-017.