Energy Payment Calculations Sample Clauses
Energy Payment Calculations. (i) If SCE is not acting as Seller’s Scheduling Coordinator, for the purpose of calculating monthly Energy Payments, Scheduled Amounts shall be time-differentiated according to the ▇▇▇ Periods and weighted by the Energy Payment Allocation Factors set forth in Exhibit K. As set forth in Exhibit K, ▇▇▇ Periods for the winter season shall be mid-peak, off-peak and super off-peak and ▇▇▇ Periods for the summer season shall be on-peak, mid-peak and off-peak. Monthly Energy Payments shall equal the sum of the monthly ▇▇▇ Period Energy Payments for all ▇▇▇ Periods in the month. Each monthly ▇▇▇ Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the ▇▇▇ Period being calculated: ▇▇▇ PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price in $/kWh (i.e., ($/MWh)/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the ▇▇▇ Period being calculated. C = The sum of Scheduled Amounts in all hours for the ▇▇▇ Period being calculated in kWh.
(ii) If SCE is acting as Seller’s Scheduling Coordinator, for the purpose of calculating monthly Energy Payments, Delivered Amounts shall be time-differentiated according to the ▇▇▇ Periods and weighted by the Energy Payment Allocation Factors set forth in Exhibit K. As set forth in Exhibit K, ▇▇▇ Periods for the winter season shall be mid-peak, off-peak and super off-peak and ▇▇▇ Periods for the summer season shall be on-peak, mid-peak and off-peak. Monthly Energy Payments shall equal the sum of the monthly ▇▇▇ Period Energy Payments for all ▇▇▇ Periods in the month. Each monthly ▇▇▇ Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the ▇▇▇ Period being calculated: ▇▇▇ PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price in $/kWh (i.e., ($/MWh)/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the ▇▇▇ Period being calculated. C = The sum of Delivered Amounts in all hours for the ▇▇▇ Period being calculated in kWh.
Energy Payment Calculations. Each monthly Energy Payment delivered during the Term, or if applicable, during the Startup Period, shall be calculated pursuant to the following formula: ENERGY PAYMENT, in dollars ($) = A x B Where: A = The sum of the Metered Amounts in all hours for the period being calculated, in kWh. B = Applicable Energy Price specified in Section 1.06, calculated in $/kWh (i.e., $/MWh/1000).
Energy Payment Calculations. For the purpose of calculating monthly Energy Payments, Scheduled Amounts shall be time-differentiated according to the time period and season of delivery (“▇▇▇ Periods”) and the pricing shall be weighted by the Energy Payment Allocation Factors set forth in Exhibit K. As set forth in Exhibit K, ▇▇▇ Periods for the winter season shall be mid-peak, off- peak and super off-peak and ▇▇▇ Periods for the summer season shall be on-peak, mid-peak and off-peak. Monthly Energy Payments shall equal the sum of the monthly ▇▇▇ Period Energy Payments for all ▇▇▇ Periods in the month. Each monthly ▇▇▇ Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the ▇▇▇ Period being calculated: ▇▇▇ PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price specified in Section 1.05 in $/kWh (i.e., $/MWh/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the ▇▇▇ Period being calculated. C = The sum of Scheduled Amounts in all hours for the ▇▇▇ Period being calculated in kWh.
Energy Payment Calculations. 8.1 Energy Payments. Energy payments to Seller shall be calculated as follows for each Month:
(A) Prior to Commercial Operation. EPE shall pay Seller the Rate Schedule No. 16 Rate times the Test Energy delivered to EPE during the Month. If the Rate Schedule No. 16 Rate no longer exists, EPE shall pay for such Test Energy at its then-current avoided cost.
(B) During Commercial Operation. Provided that the cumulative deliveries in the Commercial Operation Year do not exceed ****, EPE shall pay Seller ****. For all Solar Energy delivered by Seller to EPE in a Commercial Operation Year that is in excess of ****.
Energy Payment Calculations. For the purpose of calculating monthly payments for Product delivered to SCE as of Initial Operation in accordance with the terms of this Agreement (“Energy Payments”), Scheduled Amounts shall be time-differentiated according to the time period and season of delivery (“▇▇▇ Periods”) set forth in Exhibit K and the pricing shall be weighted by the Energy Payment Allocation Factors set forth in Exhibit K. Monthly Energy Payments shall equal the sum of the ▇▇▇ Period Energy Payments for all ▇▇▇ Periods in the month. Each ▇▇▇ Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the ▇▇▇ Period being calculated: ▇▇▇ PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price specified in Section 1.05 in $/kWh (i.e., $/MWh/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the ▇▇▇ Period being calculated. C = The sum of Scheduled Amounts in all hours for the ▇▇▇ Period being calculated in kWh.
Energy Payment Calculations