Common use of Energy Charge Clause in Contracts

Energy Charge. For the kilowatt-hours of Limited Term Power (Firm) taken, at a rate per kilowatt-hour equal to the out-of-pocket cost (such cost being as of the delivery point or points set forth in Section 4.01 of Article 4 of the Agreement, taking into account electrical losses incurred from the source or sources of such energy to said delivery point or points) of the supplying party in generating or supplying such energy, plus ten percent of such cost. Modification No. 7 to INTERCONNECTION AGREEMENT Dated December 2, 1968 As Amended between INDIANAPOLIS POWER & LIGHT COMPANY and SOUTHERN INDIANA GAS AND ELECTRIC COMPANY ___________ Dated as of June 1, 1982 THIS MODIFICATION NO. 7, made and entered into as of the first day of June, 1982, between Indianapolis Power & Light Company ("Indianapolis Company"), an Indiana corporation, and Southern Indiana Gas & Electric Company ("Southern Indiana Company"), also an Indiana corporation;