Common use of Calculation of Transmission Congestion Credits Clause in Contracts

Calculation of Transmission Congestion Credits. (b) If the total of the Target Allocations is greater than the total Transmission Congestion Charges for the hour resulting from both the Day-ahead Energy Market and the Real-time Energy Market, each FTR Hholder of Financial Transmission Rights shall be assigned a share of the total Transmission Congestion Charges in proportion to its Target Allocations for Financial Transmission Rights which have a positive Target Allocation value. Financial Transmission Rights which have a negative Target Allocation value are assigned the full Target Allocation value as a negative Transmission Congestion Credit. (c) At the end of a Planning Period if all FTR Hholders did not receive Transmission Congestion Credits equal to their Target Allocations, the Office of the Interconnection shall assess a charge equal to the difference between the Transmission Congestion Credit Target Allocations for all revenue deficient FTRs and the actual Transmission Congestion Credits allocated to those FTR Hholders. A charge assessed pursuant to this section shall also include any aggregate charge assessed pursuant to section 7.4.4(c) of Schedule 1 of this Agreement and shall be allocated to all FTR Hholders on a pro-rata basis according to the total Target Allocations for all FTRs held at any time during the relevant Planning Period. The charge shall be calculated and allocated in accordance with the following methodology: ***

Calculation of Transmission Congestion Credits. (b) If the total of the Target Allocations is greater than the total Transmission Congestion Charges for the hour resulting from both the Day-ahead Energy Market and the Real-time Energy Market, each FTR Hholder holder of Financial Transmission Rights shall be assigned a share of the total Transmission Congestion Charges in proportion to its Target Allocations for Financial Transmission Rights which have a positive Target Allocation value. Financial Transmission Rights which have a negative Target Allocation value are assigned the full Target Allocation value as a negative Transmission Congestion Credit. (c) At the end of a Planning Period if all FTR Hholders holders did not receive Transmission Congestion Credits equal to their Target Allocations, the Office of the Interconnection shall assess a charge equal to the difference between the Transmission Congestion Credit Target Allocations for all revenue deficient FTRs and the actual Transmission Congestion Credits allocated to those FTR Hholdersholders. A charge assessed pursuant to this section shall also include any aggregate charge assessed pursuant to section 7.4.4(c) of Schedule 1 of this Agreement and shall be allocated to all FTR Hholders holders on a pro-rata basis according to the total Target Allocations for all FTRs held at any time during the relevant Planning Period. The charge shall be calculated and allocated in accordance with the following methodology: **** 5.2.5

Calculation of Transmission Congestion Credits. (b) If the total of the Target Allocations is greater than the total Transmission Congestion Charges for the hour resulting from both the Day-ahead Energy Market and the Real-time Energy Market, each FTR Hholder holder of Financial Transmission Rights shall be assigned a share of the total Transmission Congestion Charges in proportion to its Target Allocations for Financial Transmission Rights which have a positive Target Allocation value. Financial Transmission Rights which have a negative Target Allocation value are assigned the full Target Allocation value as a negative Transmission Congestion Credit. (c) At the end of a Planning Period if all FTR Hholders holders did not receive Transmission Congestion Credits equal to their Target Allocations, the Office of the Interconnection shall assess a charge equal to the difference between the Transmission Congestion Credit Target Allocations for all revenue deficient FTRs and the actual Transmission Congestion Credits allocated to those FTR Hholdersholders. A charge assessed pursuant to this section shall also include any aggregate charge assessed pursuant to section 7.4.4(c) of Schedule 1 of this Agreement and shall be allocated to all FTR Hholders holders on a pro-rata basis according to the total Target Allocations for all FTRs held at any time during the relevant Planning Period. The charge shall be calculated and allocated in accordance associated with all of the following methodology: Network Service Users’ or Transmission Customers’ Financial Transmission Rights. **** 5.2.5

Calculation of Transmission Congestion Credits. (b) If the total of the Target Allocations is greater than the total Transmission Congestion Charges for the hour resulting from both the Day-ahead Energy Market and the Real-time Energy Market, each FTR Hholder of Financial Transmission Rights shall be assigned a share of the total Transmission Congestion Charges in proportion to its Target Allocations for Financial Transmission Rights which have a positive Target Allocation value. Financial Transmission Rights which have a negative Target Allocation value are assigned the full Target Allocation value as a negative Transmission Congestion Credit. (c) At the end of a Planning Period if all FTR Hholders did not receive Transmission Congestion Credits equal to their Target Allocations, the Office of the Interconnection shall assess a charge equal to the difference between the Transmission Congestion Credit Target Allocations for all revenue deficient FTRs and the actual Transmission Congestion Credits allocated to those FTR Hholders. A charge assessed pursuant to this section shall also include any aggregate charge assessed pursuant to section 7.4.4(c) of Schedule 1 of this Agreement and shall be allocated to all FTR Hholders on a pro-rata basis according to the total Target Allocations for all FTRs held at any time during the relevant Planning Period. The charge shall be calculated and allocated in accordance with the following methodology: ***be