Energy Payments. EPm = SACm x (1 + Premium) x EOm EPm = Energy Payment in Jamaican Dollars SACm = Short Run Avoided Cost Rate in price per kWh as calculated from month to month and will represent the system’s total fuel cost for the month prior to that in which the energy is supplied divided by the net generation output for the similar period (that is, the month prior to that in which the energy is supplied). Premium = In order to encourage the development of renewable energy technology, the Government of Jamaica has determined that renewable plants will be allowed to sell electricity to JPS at a maximum of 15% above the avoided cost of energy. In this regard, the “Premium” in the above formula will be a maximum of 0.15. EOm = Energy Output (kWh) delivered to JPS by the QF for Monthm m = The numeric representation of a Month The short run avoided cost of generation will be calculated in the following manner: SACm = F m /Gen m Where: Billing Period = The billing month for which the short term avoided cost rate will be in effect as determined by the Office. SACm = Monthly avoided Fuel Cost in J$ per kWh applicable to QF during the Billing Period F m = Total Applicable fuel cost for the month which ended prior to the first day of the Billing Period. Total applicable fuel cost for the period is:
Energy Payments. For each Month in which the Company delivers Net Energy Output to BPDB on or after Commercial Operations Date, the Company shall read the Metering System and shall compute the Energy Payment, based on the reading recorded by the Metering System, in accordance with Section 13.1(b)(ii), and BPDB shall pay the Energy Payment in accordance with Section 13.2(a). For each Month in which the Company delivers Net Energy Output to BPDB prior to the Commercial Operations Date, the Company shall read the Metering System and shall compute the Energy Payment, based on the reading recorded by the Metering System, in accordance with Section 13.1(b)(iii), and BPDB shall pay the Energy Payment in accordance with Section 13.2(a).
Energy Payments. 6.1 For that electric energy received by the Company at the Point of Delivery each month, the Company will pay the QF an amount as computed in Appendix A.
Energy Payments. First Period During the First Period of the Contract Term, Seller shall be paid a Monthly Energy Payment for the Energy delivered by the Seller to Edison at the Point of Interconnection pursuant to the Energy Payment Option selected by Seller in Section 1.12, as follows. (Data used to derive Edison's Energy payments for the First Period will be made available to the Seller, to the extent specified by Seller, upon request.)
Energy Payments. Energy Payments shall be based on the final implemented scheduled energy up to last day of the month. Any adjustment on the basis of REA shall be made through a supplementary xxxx after the REA has been published for that month. . BPDB shall pay the Energy Payment in accordance with Section 12.2(a).
Energy Payments. 5.4.1 Each month, LEM shall make a Monthly Energy Payment to Georgia Power equal to MWh of Delivered Energy during the applicable month multiplied by the Energy Price. "
Energy Payments. 21 5.5 Start-Up Payments.........................................................................................23 ARTICLE 6 AVAILABILITY...........................................................................................23 6.1
Energy Payments. (a) Subject to Section 9.5(c), and in accordance with the procedures specified in Section 9.4, from and after Commercial Operation Date, the Purchaser shall pay to the Seller: (A) Monthly in arrears, the Energy Payments, for the Monthly Energy, consisting of the Regular Energy Payment and if applicable, the Shortfall Energy Payment; and (B) yearly in arrears, if applicable, the Bonus Energy Payment, all determined as follows:
Energy Payments. (a) Subject to Section 9.6(c), from and after the Commercial Operations Date, the Power Purchaser shall pay to the Company the Energy Payments in accordance with the procedures specified in Section 9.6 for Despatched and Delivered Net Electrical Output for the relevant Month (or part-Month), such payments being calculated in accordance with the provisions of Schedule 1; provided that in any Agreement Year the Power Purchaser shall in any event take delivery of or pay for the Minimum Annual Energy.
Energy Payments. Subject to Section 9.5(c), and in accordance with the procedures specified in Section 9.4, from and after Commercial Operations Date, the Purchaser shall pay the Energy Payment to the Seller, Monthly in arrears determined as follows: EPmtm = EPmtm-block1 + EPmtm-block2 + EPmtm-block3 + EPmtm-block4 + EPmtm-block5 + EPmtm-block 6 Where: EPmtm-block 1 = EPrcm * Em-block 1 Where: EPmtm-block 1 = Energy Payment for the relevant Month under block # 1; EPrcm = Energy Price for the relevant Month; Em-block 1 = Energy in kWh calculated pursuant to Section 3.1A EPmtm-block 2 = EPrcm * 0.75 * Em-block 2 Where: EPmtm-block 2 = Energy Payment for the relevant Month under block # 2; EPrcm = Energy Price for the relevant Month; Em-block 2 = Energy in kWh calculated pursuant to Section 3.1A. EPmtm-block 3 = EPrcm * 0.50 * Em-block 3 Where: EPmtm-block 3 = Energy Payment for the relevant Month under block # 3; EPrcm = Energy Price for the relevant Month; Em-block 3 = Energy in kWh calculated pursuant to Section 3.1A. EPmtm-block 4 = EPrcm * 0.25 * Em-block 4 Where: EPmtm-block 4 = Energy Payment for the relevant Month under block # 4; EPrcm = Energy Price for the relevant Month; Em-block 4 = Energy in kWh calculated pursuant to Section 3.1A. EPmtm-block 5 = EPrcm * 0.20 * Em-block 5 Where: EPmtm-block 5 = Energy Payment for the relevant Month under block # 5; EPrcm = Energy Price for the relevant Month; Em-block 5 = Energy in kWh calculated pursuant to Section 3.1A. EPmtm-block 6 = EPrcm * 0.10 * Em-block 6 Where: EPmtm-block 6 = Energy Payment for the relevant Month under block # 6; EPrcm = Energy Price for the relevant Month; Em-block 6 = Energy in kWh calculated pursuant to Section 3.1A.
