Unadjusted Metered Energy definition

Unadjusted Metered Energy means the Unit's actual physical Energy production (in MWh) as measured by the Electric Metering Equipment and in accordance with CAISO Requirements unadjusted by any Energy loss factors.
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Examples of Unadjusted Metered Energy in a sentence

  • The Electric Metering Equipment shall be used to determine conclusively, subject to Section S.7 herein, the amount of Unadjusted Metered Energy from the Unit.

  • Except as provided for in Section 3.2(e) below, Seller shall be responsible for all charges due to the CAISO, and entitled to receive all payments from the CAISO, related to deviations of Unadjusted Metered Energy from the Final Physical Energy Schedule for the Unit (inclusive of charges for imbalance Energy and replacement reserves).

  • The amount of Unadjusted Metered Energy, the Final Physical Energy Schedules, natural gas delivered and the cost of natural gas delivered will be adjusted in subsequent months’ invoices when applicable actual data is available.

  • The Variable O&M Payment (“VOMP”) for each monthly billing period equals the Variable O&M Rate multiplied by the sum over such month of 1) the Unadjusted Metered Energy generated in response to a Buyer dispatch instruction relative to a Reservation of the Unit and 2) , during those hours when Buyer has scheduled a Physical Energy Schedule from the Unit pursuant to Section 3.2, the lesser of in each hour: (i) the Unadjusted Metered Energy (in MWh), or (ii) the Final Physical Energy Schedule (in MWh).

  • The “Designated Hourly Fuel Consumption” for the Unit in any hour is the product of (i) the sum of any Final Physical Energy Schedule for that hour plus any energy generated in response to a Buyer dispatch instruction, divided by Unadjusted Metered Energy for that hour, multiplied by (ii) actual fuel consumption of the Unit for such hour as measured by the Gas Metering Equipment.

  • For purposes of this calculation, the “Designated Hourly Fuel Consumption” for the Unit is the product of (i) Final Physical Energy Schedule divided by Unadjusted Metered Energy for that hour, multiplied by (ii) actual fuel consumption of the Unit for such hour as measured by the Gas Metering Equipment.

  • Variable O&M Payments The Variable O&M Payment (“VOMP”) for each monthly billing period equals the Variable O&M Rate multiplied by the sum, over only those hours when the Unit is Scheduled pursuant to Section 3.2, of the lesser of in each hour:(i) the Unadjusted Metered Energy (in MWh); or (ii) the Final Physical Energy Schedule (in MWh).

  • Seller’s invoice to Buyer will be based upon calculations employing the Unadjusted Metered Energy and the Final Physical Energy Schedules for the Unit and natural gas delivered for use in the Unit as measured by the Gas Metering Equipment, if natural gas is supplied by Seller, and in any event as adjusted in accordance with the terms of the Panoche Transaction.

  • Seller’s invoice to Buyer will be based upon calculations employing the Unadjusted Metered Energy and the Final Physical Energy Schedules for the Unit and natural gas delivered for use in the Unit as measured by the Gas Metering Equipment, if natural gas is supplied by Seller, and in any event as adjusted in accordance with the terms of the Gates Transaction.

  • In addition, the Preliminary Variable Fuel Cost will be adjusted as follows: For each hour in which the Unit is dispatched by Buyer, the portion of the Preliminary Variable Fuel Cost allocated to such hour (the “Preliminary Hourly Variable Fuel Cost”) will be multiplied by the ratio of the Final Physical Energy Schedule for such hour to the Unadjusted Metered Energy for such hour and such resulting product will be deemed the “Designated Hourly Variable Fuel Cost”.

Related to Unadjusted Metered Energy

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Non-Retail Behind The Meter Generation means Behind the Meter Generation that is used by municipal electric systems, electric cooperatives, or electric distribution companies to serve load.

  • On-premise beer retailer means a beer retailer who is:

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Unadjusted Benchmark Replacement means the applicable Benchmark Replacement excluding the related Benchmark Replacement Adjustment.

  • Adjusted Gross Sales means for either party distributing and selling Product (in this Section the “Selling Party”):

  • Adjusted Net Operating Income means, with respect to a Property for any given period, Net Operating Income of such Property for such period minus Capital Reserves for such period.

  • Electric generating unit means an individual electric generator and its associated plant and apparatus whose electrical output is capable of being separately identified and metered. Emergency Condition shall mean a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the CAISO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the CAISO Controlled Grid or the electric systems of others to which the CAISO Controlled Grid is directly connected; (3) that, in the case of the Participating TO, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Participating TO’s Transmission System, Participating TO’s Interconnection Facilities, Distribution System, or the electric systems of others to which the Participating TO’s electric system is directly connected; or

  • Generating Unit means one or more generating equipment combinations typically consisting of prime mover(s), electric generator(s), electric transformer(s), steam generator(s) and air emission control devices.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Baseline Value for each of the Company and the Peer Companies means the dollar amount representing the average of the Fair Market Value of one share of common stock of such company over the five consecutive trading days ending on, and including, the Effective Date.

  • Building Energy Benchmarking means the process of measuring a building’s Energy use, tracking that use over time, and comparing performance to similar buildings.

  • Adjusted Total Assets means, for any Person, the sum of:

  • Constant Percentage 1 means 100%;

  • Adjusted Asset Value means, as of a given date, the sum of EBITDA attributable to malls, power centers and all other assets for the trailing four (4) quarters most recently ended, divided by (iii) 7.75%. In determining Adjusted Asset Value:

  • Gross Heating Value means the total heat expressed in megajoules per cubic metre (MJ/m³) produced by the complete combustion at constant pressure of one (1) cubic metre of gas with air, with the gas free of water vapour and the temperature of the gas, air and products of combustion at standard temperature and all water formed by the combustion reaction condensed to the liquid state;

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eleven million dollars ($11,000,000.00).

  • Electric utility steam generating unit means any steam electric generating unit that is constructed for the purpose of supplying more than one-third of its potential electric output capacity and more than 25 MW electrical output to any utility power distribution system for sale. Any steam supplied to a steam distribution system for the purpose of providing steam to a steam-electric generator that would produce electrical energy for sale is also considered in determining the electrical energy output capacity of the affected facility.

  • Constant Percentage 2 means 100%;

  • Total Intrinsic Loss Estimate means the sum of the SF1-4 Intrinsic Loss Estimate in the Single Family Shared-Loss Agreement, and the Commercial Intrinsic Loss Estimate in the Commercial Shared-Loss Agreement, expressed in dollars.

  • Modular building retailer means any person who purchases or acquires a modular building from a

  • Adjusted Revenue means revenue less Digital Platform Fulfilment Revenue.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is: