Variable Cost definition

Variable Cost means a cost that varies with the changes in the output or sales of a firm.

Variable Cost means the cost of natural gas for the Lost Production calculated pursuant to the Gas Sales Contract for the applicable period, plus $8 per metric ton.

Variable Cost means the cost per KWH for fuel, water, materials, repair and maintenance and all other costs and expenses that vary directly with the production of electricity by the Power Plant as approved by the Anhui Provincial Pricing Bureau.

Examples of Variable Cost in a sentence

• For each Unit each Month, the Variable Cost Payment for Billable MWh from the Unit pursuant to Nonmarket Transactions during that Month shall be the amount calculated in accordance with the following formula: Variable Cost Payment = A.

• A Frequently Mitigated Unit that is eligible for a Bid Adder may select a fourth Default Energy Bid option, which is equal to the Variable Cost Option plus the Bid Adder as described in Section 39.7.

• For each month and each Unit, the Variable Cost Payment for Billable MWh from the Unit pursuant to Nonmarket Transactions during that Month shall be the amount calculated in accordance with the following formula: Variable Cost Payment = A.

• For each month and each Unit, the Variable Cost Payment for Billable MWH from the Unit pursuant to Nonmarket Transaction during that Month shall be the amount calculated in accordance with the following formula: Variable Cost Payment = A.

• If no rank order is specified for a Generating Unit or Participating Load, then the default rank order of (1) Variable Cost Option, (2) Negotiated Rate Option, (3) LMP Option will be applied.

More Definitions of Variable Cost

Variable Cost means variable cost pursuant to Article 2 of the VOLL CONE RS methodology;

Variable Cost means the fuel and lube costs incurred in generating electricity. All definitions regarding tariff shall be based on ERC definitions

Variable Cost means the cost that varies in the short run with the amount of natural gas transported through the Transportation facilities.

Variable Cost for a given quarter equals (a) 1.35 multiplied by (b) the quotient obtained by dividing (A) the sum of the salaries (including overtime but excluding bonuses) of Nihon Ariba’s employees (excluding non-employee directors), who were employed throughout the applicable quarter by (B) the total number of such employees, where each full-time employee is counted as one (1) employee and each part-time employee is counted as a proportional fraction (based on full time employment for a thirteen week period as 520 hours) of a full-time employee. For example, a part-time employee designated as half-time (e.g., two hundred and sixty (260) hours in a quarter) shall be counted as 0.5 in the calculation under clause (B) immediately above. Softbank ECH’s obligations hereunder relate to quarters during the “Support Period,” which shall mean the period commencing on October 1, 2001 and continuing until September 30, 2002. The “Employee Number” shall mean, for a calendar quarter during the Support Period, the number of Nihon Ariba Employees for whom Softbank ECH shall reimburse the Variable Cost to Nihon Ariba. The Employee Number shall be determined as follows based on the total number of Employees for such calendar quarter: Number of Nihon Ariba Employees Employee Number Thirty or more Five Twenty One through Twenty Nine Three Twenty or less Zero

Variable Cost means all Commodity, fuel, surcharges and other fees charged for Gas volumes transported, stored, or supplied under the NUIU Assets.

Variable Cost means a cost or expense incurred that would not have otherwise been incurred to provide energy.ARTICLE IITERM OF AGREEMENT

Variable Cost means variable cost pursuant to Article 2 of Annex I of ACER Decision XXX;