Common use of BPA Incremental Cost Clause in Contracts

BPA Incremental Cost. BPA’s incremental cost will be based on an hourly energy index in the Pacific Northwest. If no adequate hourly index exists, an alternative index will be used. BPA will post the name of the index to be used on its OASIS Web site at least 30 days prior to its use. BPA will not change the index more often than once per year unless BPA determines that the existing index is no longer a reliable price index. For any hour(s) that the energy index is negative, no credit is given for positive deviations (actual generation less than scheduled).

Appears in 5 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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BPA Incremental Cost. BPA’s incremental cost will be based on an hourly energy index in the Pacific Northwest. If no adequate hourly index exists, an alternative index will be used. BPA will post the name of the index to be used on its OASIS Web site at least 30 days prior to its use. BPA will not change the index more often than once per year unless BPA determines that the existing index is no longer a reliable price index. For any hour(s) that the energy index is negative, no credit is given for positive deviations (actual generation less energy delivered is more than scheduled).

Appears in 5 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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