Common use of Capacity Payment Option A -- As Available Capacity Clause in Contracts

Capacity Payment Option A -- As Available Capacity. If Seller selects Capacity Payment Option A, Seller shall be paid a monthly capacity payment calculated pursuant to the following formula: MONTHLY CAPACITY PAYMENTS = (A x D)+(B x D)+(C x D) Where A = kWh purchased by Edison at the Point of Interconnection during on-peak periods defined in Edison's Tariff Schedule No. TOU-8 B = kWh purchased by Edison at the Point of Interconnection during mid-peak periods defined in Edison's Tariff Schedule No. TOU-8. C = kWh purchased by Edison at the Point of Interconnection during off-peak periods defined in Edison's Tariff Schedule No. TOU-8.

Appears in 2 contracts

Samples: Power Purchase Contract (Ormat Technologies, Inc.), Power Purchase Contract (Ormat Technologies, Inc.)

AutoNDA by SimpleDocs

Capacity Payment Option A -- As Available Capacity. If Seller selects Capacity Payment Option A, Seller shall be paid a monthly capacity payment calculated pursuant to the following formula: MONTHLY CAPACITY PAYMENTS PAYMENT = (A x D)+(B x D)+(C x D) Where A = kWh purchased by Edison at the Point of Interconnection during on-peak periods defined in Edison's Tariff Schedule No. TOU-8 TOU-8. B = kWh purchased by Edison at the Point of Interconnection during mid-peak periods defined in Edison's Tariff Schedule No. TOU-8. C = kWh purchased by Edison at the Point of Interconnection during off-peak periods defined in Edison's Tariff Schedule No. TOU-8. D = The appropriate time differentiated capacity price from either the Standard Offer No. 1 Capacity Payment Schedule or Forecast of Annual As- Available Capacity Payment Schedule as specified by Seller in Section 1.11.

Appears in 2 contracts

Samples: Sce Standard Contract Long Term Power Purchase Power, Sce Standard Contract Long Term Power Purchase Power

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.