Generation Charge Clause Samples

The Generation Charge clause defines the fees or costs associated with the production of electricity that are billed to the customer. Typically, this charge reflects the cost of generating the electricity supplied, separate from transmission or distribution fees, and is often calculated based on the amount of electricity consumed. For example, a utility bill may list the generation charge as a per-kilowatt-hour rate applied to the customer's usage. The core function of this clause is to clearly allocate and communicate the specific portion of the total energy bill that covers electricity generation, ensuring transparency and helping customers understand what they are paying for.
Generation Charge. The charge for producing electricity. Generation service is competitively priced and is not regulated by the Public Utility Commission. If you purchase electricity from an electric supplier, your generation charge will depend on the contract between you and your supplier.
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Generation Charge. ILPI shall pay the generation charge consisting of variable and fixed charges, subject to annual adjustments. The generation charge to be paid by ILPI will depend on whether power is delivered before the Commercial Operation Date or beginning on Commercial Operation Date. ILPI will pay the Monthly Payments for electricity supplied beginning on Commercial Operation and the Commissioning Output Charge for electricity supplied prior to the Commercial Operation Date; A. Beginning on Commercial Operation Date A.1 Capital Recovery Fees (CRF) Capital Recovery Fees which shall be computed as follows: CRF Where: CRFba•• = CRFba•• - CC - [Forexadj + 100%) Base Capital Recovery Fee, in PhP1,414.52/ kW The weighted average Foreign exchange rate (in PhP per US$). as certified by an independent external auditor, based on actual receipts for dollar-denominated payments made to contractors during construction and ERC Case No. 2015-007 RC DECISION/May 18, 2015 development until the Scheduled Operations Date The total amount subject to adjustment for changes in the Foreign exchange rate shall not exceed US$45.5 million To illustrate, if PSPEI pays for US$ 20 Million of the total US$45.5 Million budget at a Foreign Exchange rate of PhP45.00 per US$1.00 and pays for the remaining US$ 25.5 Million in PhP40.00 per US$1.00, the Forexadj shall be computed as ((PhP45.00 per US$1.00)*(US$20 Million) + (PhP40.00 per US$1.00) * (US$25.5 Million))/(US$45.5 per US$1.00 Million) or PhP42.20 FOreXadj = CRFbase = CC = The factor to adjust the CRFbase for changes in the Foreign exchange rate (PhP per US$) during construction and development. It shall be computed as the percent increase or decrease of the ForexCONST to the ForexbaSemultiplied by 98.69% To illustrate, if ForexCONST equals PhP42.20 per US$1.00, FOreXadsj hall be [(PhP42.20 per US$1.00/ PhP42.00 per US$1.00) - 1] * (98.69%) or 0.46% Base Capital Recovery Fee, In PhP1 ,414.52/ kW PhP42.00 per US$1.00 Contracted Capacity, in kW ERC Case No. 2015-007 RC DECISION/May 18, 2015 A.2 Fixed Operation & Maintenance Fee (Fixed O&M) The Fixed O&M Fee covers the operating and maintenance costs of the Power Plant. It shall be computed according to the following formula: Fixed O&M = [(PH O&Mbase • PH CPI Index) + (US O&M base' US CPI Index' FX Index) ] • Where: PH O&Mbase = Actual Base Philippine Peso O&M Fee in PhP418.34/kW PH CPI Index = Which shall be calculated as the ratio of the Philippine Consumer Price Index (CPI) for All items, as p...
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Generation Charge. ILPI shall pay the generation charge consisting of variable and fixed charges, subject to annual adjustments. The generation charge to be paid by ILPI will depend on whether power is delivered before the Commercial Operation Date or beginning on Commercial Operation Date. ILPI will pay the Monthly Payments for electricity supplied beginning on Commercial Operation and the Commissioning Output Charge for electricity supplied prior to the Commercial Operation Date: A. Beginning on Commercial Operation Date
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Generation Charge. ILPI shall pay the generation charge consisting of variable and fixed charges, subject to annual adjustments. The generation charge to be paid by ILPI will depend on whether power is delivered before the Commercial Operation Date or beginning on Commercial Operation Date. ILPI will pay the Monthly Payments for electricity supplied beginning on Commercial Operation and the Commissioning Output Charge for electricity supplied prior to the Commercial Operation Date; A. Beginning on Commercial Operation Date 1. 1157 kg/kWh and escalated thereafter at rate of 1.5% per year. In the event that any types of Biomass other than rice hulls are available for the use in the Plant and such use is technically and commercially feasible, the CRbiomas8shall be adjusted to reflect the applicable consumption rate for such type of biomass (1-Y) = Percentage of energy derived from Biomass Conversion Factor = 1,000 kglMT Savingsblomass = Zero or 50% .,.[(Coal Cost'" CReoD1) • (Biomass Cost • CRblomasa)]/ConversionFactor'" ED .,. (1 - Y), whichever is higher PSPEI has the option to source coal from local sources or procure biomass if the fuel cost for the locally sourced coal or biomass is lower than the fuel cost for foreign sourced fuel as computed in accordance with the above formula Taxes shall mean Value Added Tax and other applicable taxes, if any ERC Case No. 2015·007 RC ORDER/February 2, 2015 The Reimbursable Cost Payment for each billing period shall be derived from the definitions of Replacement Capacity and Energy and Back-up Capacity and Energy under Section 8.6, based on the following formula: A.6.1 Replacement Capacity and Energy Costs (RCEC) ILPI shall pay PSPEI Replacement Capacity and Energy Costs in accordance with the invoice provided by PSPEI of the Replacement Capacity and Energy ILPI shall pay PSPEI Backup Capacity and Energy Cost equivalent to the Monthly Payment had there been no Forced Outage This refers to any applicable ancillary charges by NGCP for the capacity nominated for ILPI For reference, a sample computation of Monthly Payments is shown in Schedule C of the PSA For electricity supplied by PSPEI prior to the Commercial Operation Date, ILPI shall pay Commissioning Output Charge. The Commissioning Output Charge shall be computed as follows: ERC Case No. 2015·007 RC ORDER/February 2, 2015 Commissioning Output Charge = Variable O&M + Fuel Cost + Taxes = Computed in accordance with A.3 above = Computed in accordance with A.4 above = as defined in A.S ...
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Generation Charge. DASURECO shall pay the generation charge consisting of variable and fixed charges, subject to adjustments. The generation charges for pre-commercial operation and during commercial operation are computed based on the Base Energy Rate (BER) computation as follows: BER = (FCbase+ VCbase)/Energy Where: CRFkwbase = PhP1,924.48/kW = PhP474.75/kW = PhP30.64/kW VCbase= [DCPbase]*[Forex base]*[MCR]*[Energy]/Conversion Factor Where: DCPbase = US$72/MT ERC Case No. 2014-133 RC ORDER/September 15, 2014 Page 8 of 16 . Forexbase MCR = PHP 41.12/US$ = 0.70kg/kWh Conversion Factor = 1,000 kg/MT
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Generation Charge the charge for producing electricity. If Customer purchases electricity from an electric supplier, Customer’s generation charge will depend on the contract between Customer and their supplier. Rate – the amount per kWh charged to Customer for supply charges. The Rate does not include delivery service charges, applicable taxes, other Utility charges associated with providing Customer’s electricity service.
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Generation Charge. ▇▇▇▇▇▇ shall pay the generation charge consisting of variable and fixed charges, subject to adjustments. The generation charges for pre-commercial operation and during commercial operation are computed based on the Base Energy Rate (BER) computation as follows: BER = (FCbase+ VCbase)/Energy Where: CRFkwbase PHP O&MkWbase US O&MkWbase = PhP1 ,924.48/kW = PhP474.75/kW = PhP30.64/kW VCbase= [DCPbase]*[Forex base]*[MCR]*[Energy]/Conversion Factor Where: DCPbase Forexbase MCR = US$72/MT = PhP41.12/US$ :: 0.70kg/kWh Conversion Factor = 1,000 kg/MT ERC Case No. 2015-067 RC ORDER/May 4, 2015
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Generation Charge. ▇▇▇▇▇▇ shall pay the generation charge consisting of administrative charge, fixed charge and energy charge, as follows: Monthly Generation Charge = Administrative Charge + Fixed Administration Charge = (PhP100.64/kW/month) x (CD) x (LCP1/LCPO) ERC Case No. 2015-035 RC ORDER/May 4, 2015 Fixed Charge Energy Charge = (PhP1,628.69/kW/month) x (CD) = L Demandschedx BER/LF x I- n, such that if In"< 1, In = 1 Administration Charge = (PhP100.64/kW/month) x (CD) x (LCP1/LCPO) CD Demandsched = Contracted Demand = Hourly Scheduled Demand, as defined under Schedule 2 BER = Base Energy Rate, LF = PhP3.034/kWh Load Factor, L Demandnom / Monthly Contracted Energy In = Inflation Factor for the Billing Month
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Related to Generation Charge

  • Transportation Charges The cost of transporting Employees and Material necessary for the Mining Operations.

  • Transmission Charge The cost for transporting electricity from the generation source to your electric distribution company. For most electric customers who select a new supplier, transmission costs will be included in the charges from your new supplier. The Federal Energy Regulatory Commission regulates retail transmission prices and services. This charge will vary with your source of supply.

  • Electricity Charges The licensee herein shall pay the electricity bills directly for energy consumed on the licensed premises and should submit original receipts to Licensor indicating that the electricity bills are paid.

  • TRANSACTION CHARGES will be charged for each transaction recorded on the shareholder accounting system, including, but not limited to, the following transactions: · Share purchases; · Share redemptions; · Fund liquidations; · Dividends; · Wire order purchases and redemptions (placement and confirmations); · Exchanges; · Account maintenance such as address changes; · Transfers; and · Account opening. For transactions within the 529 portfolios, FTIS will allocate the transaction fee on a pro-rata basis to the underlying Funds based on the 529 portfolio's holdings in such Funds.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.