Common use of CAPACITY RATE Clause in Contracts

CAPACITY RATE. The “Intertie Capacity Rate” for the following fiscal year. expressed in dollars per kW, shall be calculated by dividing 16.5 percent of the total budgeted Intertie Costs as determined in the Intertie budget established under Section 7.1, Intertie Costs, by the sum of the Participant’s or User’s Intertie Capacity rights allocations.

CAPACITY RATE. The “Intertie Capacity Rate” for the following fiscal year. expressed in dollars per kW, shall be calculated by dividing 16.5 percent of the total budgeted Intertie Operating Costs as determined in the Intertie budget established under Section 7.1, Intertie Costs, by the sum of the Participant’s or User’s Intertie Capacity rights allocations.