Above-Market Funds Sample Clauses

Above-Market Funds. “AMF”) The PPA is not eligible for AMFs because it is below the applicable MPR and resulted from bilateral negotiations.
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Above-Market Funds. The PPA is not eligible for AMFs because it is the result of bilateral negotiations. The PPA is considered “voluntary” procurement because PG&E was notified by the CPUC on May 28, 2009, that PG&E had exhausted its portion of the AMFs available for above-MPR contract payments. Since exhausting its AMFs, PG&E has continued to voluntarily procure renewables that are priced above the MPR, subject to Commission approval and a finding that the procurement is just and reasonable and fully recoverable in rates. Notwithstanding the fact that the PPA is not AMFs-eligible, an AMF analysis of the PPA is included in Confidential Appendix D, in accordance with CPUC requirements.
Above-Market Funds. Because the Amended and Restated PPA is a long-term contract for a bundled renewable energy product from a repowered facility that was selected through PG&E’s competitive solicitation, the Amended and Restated PPA is consistent with SB 1036 and is eligible for above-market funds (“AMF”). However, although the Amended and Restated PPA is technically eligible for AMF, PG&E was notified by the CPUC on May 28, 2009, that PG&E had exhausted its portion of the AMF available for contract payments that are above the MPR. Since exhausting its AMF, PG&E has continued to voluntarily procure renewables that are priced above the MPR, subject to Commission approval and a finding that the procurement is just and reasonable and fully recoverable in rates. PG&E is proposing to voluntarily procure this above-MPR renewable energy pursuant to Public Utilities Code section 399.15(d)(4). PG&E’s AMF analysis is included in Confidential Appendix D.
Above-Market Funds. Since the Amended PPA is a bilateral contract, it is not eligible for AMFs.
Above-Market Funds. Because the A&R PPA is for an existing facility that originally began operations in 1985, it is not eligible for AMF.5 Notwithstanding the fact that the A&R PPA is not AMF- eligible, an AMF analysis of the A&R PPA is included in Confidential Appendix D, in accordance with CPUC requirements.
Above-Market Funds. Because the PPA is a long-term contract for a bundled renewable energy product from a new facility that was selected through PG&E’s competitive solicitation, the PPA is consistent with SB 1036 and is eligible for above-market funds (“AMF”). However, although the PPA is technically eligible for AMFs, PG&E was notified by the CPUC on May 28, 2009 that PG&E had exhausted its portion of the AMFs available for contract payments that are above the MPR. Since exhausting its AMFs, PG&E has continued to voluntarily procure renewables that are priced above the MPR, subject to Commission approval and a finding that the procurement is just and reasonable and fully recoverable in rates. PG&E is proposing to voluntarily procure this above-MPR renewable energy pursuant to Public Utilities Code section 399.15(d)(4). PG&E’s AMF analysis is included in Confidential Appendix D.

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