Common use of O&M Costs Clause in Contracts

O&M Costs. 2.3.1 For every barrel of Fuel Oil burned in furtherance of G.2 that is eligible for commodity cost compensation in accordance with Section 4.1.9.2 of the Services Tariff, the NYISO shall also pay Ravenswood a per barrel O&M Cost as noted in confidential Appendix A for Fuel Oil Burn for G.2 associated with the use of the ancillary Fuel Oil equipment at the Ravenswood Generating Station. The O&M 4 With respect to off-site tank lease, transient barge lease, Lemon Creek barge, Seasonal Barge, and on-site tank, Con Edison Steam, the NYISO and Ravenswood each pay 1/3 of the costs. With respect to O&M, Con Edison Steam pays 44%, the NYISO pays 22 2/3% and Ravenswood pays 33 1/3%. These percentages are noted in the Appendices. 5 The Demand Charges represent a settlement amount based on the detailed Appendix A. SERVICE AGREEMENT NO. 2827 Cost shall be fixed for the term of this Implementation Agreement and shall not be subject to escalation.

Appears in 1 contract

Sources: Implementation Agreement

O&M Costs. 2.3.1 For every barrel of Fuel Oil burned in furtherance of G.2 that is eligible for commodity cost compensation in accordance with Section 4.1.9.2 of the Services Tariff, the NYISO shall also pay Ravenswood a per barrel O&M Cost as noted in confidential Appendix A for Fuel Oil Burn for G.2 associated with the use of the ancillary Fuel Oil equipment at the Ravenswood Generating Station. The O&M 4 With respect to off-site tank lease, transient barge lease, Lemon Creek barge, Seasonal Barge, and on-site tank, Con Edison Steam, the NYISO and Ravenswood each pay 1/3 of the costs. With respect to O&M, Con Edison ▇▇▇ ▇▇▇▇▇▇ Steam pays 44%, the NYISO pays 22 2/3% and Ravenswood pays 33 1/3%. These percentages are noted in the Appendices. 5 The Demand Charges represent a settlement amount based on the detailed Appendix A. SERVICE AGREEMENT NO. 2827 Cost shall be fixed for the term of this Implementation Agreement and shall not be subject to escalation.

Appears in 1 contract

Sources: Implementation Agreement

O&M Costs. 2.3.1 For every barrel of Fuel Oil burned in furtherance of G.2 that is eligible for commodity cost compensation in accordance with Section 4.1.9.2 of the Services Tariff, the NYISO shall also pay Ravenswood a per barrel O&M Cost as noted in confidential Appendix A for Fuel Oil Burn for G.2 associated with the use of the ancillary Fuel Oil equipment at the Ravenswood Generating Station. The O&M 4 With respect to off-site tank lease, transient barge lease, Lemon Creek barge, Seasonal Barge, and on-site tank, Con Edison Steam, the NYISO and Ravenswood each pay 1/3 of the costs. With respect to O&M, Con Edison Steam pays 44%, the NYISO pays 22 2/3% and Ravenswood pays 33 1/3%. These percentages are noted in the Appendices. 5 The Demand Charges represent a settlement amount based on the detailed Appendix A. SERVICE AGREEMENT NO. 2827 Cost shall be fixed for the term of this Implementation Agreement and shall not be subject to escalation.

Appears in 1 contract

Sources: Implementation Agreement