Common use of Guaranteed Availability Clause in Contracts

Guaranteed Availability. Owner guarantees the Project will be available for use by RG&E for at least ninety-eight percent (98.0%) of the hours in each calendar quarter during the Contract Term (“Guaranteed Availability”). For each calendar quarter, RG&E shall calculate the actual availability percentage of the Project (“Actual Availability”), which calculation shall be: Where:

Appears in 2 contracts

Sources: Energy Storage Services Agreement, Energy Storage Services Agreement

Guaranteed Availability. Owner guarantees the Project will be available for use by RG&E for at least ninety-eight percent (98.0%) of the hours in each calendar quarter during the Contract Term (“Guaranteed Availability”). For each calendar quarter, RG&E shall calculate the actual availability percentage of the Project (“Actual Availability”), which calculation shall be: Where:= ℎ=0

Appears in 1 contract

Sources: Energy Storage Services Agreement