Common use of Energy Utilization Clause in Contracts

Energy Utilization. For purposes of calculating both the Monthly Energy Charge for each of the LT Resources and the "Actual Hourly Resource Utilization" associated with each of the LT Resources (as such term is defined and used in the RCSA), Oglethorpe Power shall be deemed to have utilized during each Hour the average of all energy either:

Appears in 2 contracts

Samples: Term Transaction Service Agreement (Oglethorpe Power Corp), Term Transaction Service Agreement (Savannah Electric & Power Co)

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Energy Utilization. For purposes of calculating both the Monthly Energy Charge for each of the LT Short Term Resources and the "Actual Hourly Resource Utilization" associated with each of the LT Resources (as such term is defined and used in the RCSA)) associated with each of the Short Term Resources, Oglethorpe Power shall be deemed to have utilized during each Hour the average of all energy either:

Appears in 2 contracts

Samples: Term Transaction Service Agreement (Savannah Electric & Power Co), Term Transaction Service Agreement (Oglethorpe Power Corp)

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