Exclusion Process. The Division and the Company agree that “major events” should be excluded from the outage data. A major event is defined as: “An event which exceeds reasonable design or operational limits of the electric power system, and during which at least 10% of the customers within an operating area experience a sustained interruption during a 24-hour period.” The Division and the Company also agree that performance results delivered will be normalized to exclude all events where the above conditions apply, and that have been approved by the Commission.
Appears in 2 contracts
Sources: Performance Standards Agreement, Performance Standards Agreement