Investment and Cost Responsibilities of the Parties for Support Facilities Sample Clauses

Investment and Cost Responsibilities of the Parties for Support Facilities. The investment and cost responsibilities of the Parties for any Support Facility will be shared in proportion to the Parties' then current ownership interest in that Support Facility. Upon any adjustment in Old Dominion's Percentage Ownership Interest in any Support Facility, payment shall be to the Party whose ownership decreased, so that the percentage investment (including all cost components comprising New Investment, undepreciated) of each Party shall be equal to that Party's percentage ownership interest in the respective Support Facility. APPENDIX G CHARGES FOR PURCHASES BY OLD DOMINION Charges for Old Dominion's purchases of demand and energy from Virginia Power shall be calculated according to the following provisions, subject to approval of these terms, conditions and charges by FERC:
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Investment and Cost Responsibilities of the Parties for Support Facilities. The investment and cost responsibilities of the Parties for any Support Facility will be shared in proportion to the Parties’ then current ownership interest in that Support Facility. Upon any Issued by: Gregxxx X. Xxxxxx Effective: [SUPPLY] Managing Director of Energy Supply Issued on: [SUPPLY] Virginia Electric and Power Company FERC Electric Tariff Original Volume No. 6 Original Service Agreement No. 25 Original Sheet No. 97 adjustment in Old Dominion’s Percentage Ownership Interest in any Support Facility, payment shall be to the Party whose ownership decreased, so that the percentage investment (including all cost components comprising New Investment, undepreciated) of each Party shall be equal to that Party’s percentage ownership interest in the respective Support Facility. Issued by: Gregxxx X. Xxxxxx Effective: [SUPPLY] Managing Director of Energy Supply Issued on: [SUPPLY] Virginia Electric and Power Company FERC Electric Tariff Original Volume No. 6 Original Service Agreement No. 25 Original Sheet No. 98 APPENDIX G MONTHLY RESERVE ENERGY CHARGES For the period after the termination of Article VIII, the Monthly Reserve Energy Charge shall be determined annually based on the projected energy costs of designated Dominion Virginia Power peaking units operating at the time and included in the production cost model used by Dominion Virginia Power to develop its annual corporate budget, subject to an annual true-up on fuel costs (including H&A), in accordance with the provisions stated below. The projected energy costs shall include fuel, H&A, and variable O&M expenses. The Monthly Reserve Energy Charge determined in this section shall be applicable to all Old Dominion Reserve Energy supplied by Dominion Virginia Power. RECe = RECRe + VOMr Where: RECRe = Projected Monthly Reserve Energy Charge rate based on projected fuel cost (including H&A) for designated peaking units on a $/kWh Basis RECe = Projected Monthly Reserve Energy Charge r VOMr = S [projected year’s peaking units’ total O&M cost Rdpu = 1 - projected year’s peaking units’ fuel and H&A cost] x 0.35 ÷ S Projected Year’s Peaking Units’ Energy Rdpu Rdpu = designated peaking units index r = total number of peaking units For the Monthly Reserve Energy Charge annual true-up, Dominion Virginia Power’s twelve month ending report entitled “Dominion Virginia Power – Fuels Consumed Within Power Stations” for each respective year will be used to determine the actual fuel costs of the designated Dominion ...
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Related to Investment and Cost Responsibilities of the Parties for Support Facilities

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