Common use of Over-Scheduling Adjustment Clause in Contracts

Over-Scheduling Adjustment. If during any Settlement Interval the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy, and the Real-Time Price is less than the Day-Ahead Price payable during the Settlement Interval; Then Seller’s monthly payment amount shall be reduced by each Over-Scheduling Settlement Interval Adjustment Amount calculated by the following formula: OVER-SCHEDULING SETTLEMENT INTERVAL ADJUSTMENT AMOUNT = [B – A] x [C – D] Where A = The Metered Energy in the Settlement Interval being calculated. B = The Scheduled Amount in the Settlement Interval being calculated. C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval. [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number:

Over-Scheduling Adjustment. If during any Settlement Interval the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy, and the Real-Time Price is less than the Day-Ahead Price payable during the Settlement Interval; Then Seller’s monthly payment amount shall be reduced by each Over-Scheduling Settlement Interval Adjustment Amount calculated by the following formula: OVER-SCHEDULING SETTLEMENT INTERVAL ADJUSTMENT AMOUNT = [B – A] x [C – D] Where A = The Metered Energy in the Settlement Interval being calculated. B = The Scheduled Amount in the Settlement Interval being calculated. C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval. [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 9.08 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 9.08 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number:

Over-Scheduling Adjustment. If during any Settlement Interval the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy, and the Real-Time Price is less than the Day-Day- Ahead Price payable during the Settlement Interval; Then Seller’s monthly payment amount shall be reduced by each Over-Scheduling Settlement Interval Adjustment Amount calculated by the following formula: OVER-SCHEDULING SETTLEMENT INTERVAL ADJUSTMENT AMOUNT = [B – A] x [C – D] Where A = The Metered Energy in the Settlement Interval being calculated. B = The Scheduled Amount in the Settlement Interval being calculated. C = Day-Ahead Price for the Settlement Interval being calculated in $/kWh. D = Real-Time Price for the Settlement Interval being calculated in $/kWh. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy if, during such Settlement Interval, the Real-Time Price is greater than or equal to the Day-Ahead Price payable during the Settlement Interval. [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number:

Over-Scheduling Adjustment. If during any Settlement Interval the Interval; (a) The Scheduled Amount is greater than one hundred three percent (103%) of the SC Trade Tolerance Band plus the Metered EnergyDelivered Amount, and the Real-Time and (b) The Market Price is less than the Daytime-Ahead differentiated Energy Price payable during the Settlement Interval; Then then Seller’s monthly payment amount shall be reduced by each Overover-Scheduling scheduling Settlement Interval Adjustment Amount adjustment amount calculated by the following formula: OVER-SCHEDULING SETTLEMENT INTERVAL ADJUSTMENT AMOUNT = [B – A] x [(C x E) – D] Where A = The Metered Energy Delivered Amount in the Settlement Interval being calculated. B = The Scheduled Amount in the Settlement Interval being calculated. C = Day-Ahead Energy Price specified in Section 1.05 to this Agreement in $/kWh (i.e., $/MWh/1000) payable during the Settlement Interval being calculated. D = Market Price for the Settlement Interval being calculated in $/kWh. D E = Real-Time Price for Energy Payment Allocation Factor applicable to the Settlement Interval being calculated in $/kWhcalculated. No over-scheduling adjustment shall be assessed against Seller for a Settlement Interval in which the Scheduled Amount is greater than the SC Trade Tolerance Band plus the Metered Energy Delivered Amount if, during such Settlement Interval, the Real-Time Market Price is greater than or equal to the Daytime-Ahead differentiated Energy Price payable during the Settlement Interval. [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in In accordance with the provisions of Section 9.07 3.05, if made in any Term Year Seller fails to meet Seller’s Annual Energy Delivery Obligation; then Seller shall be subject to an Energy Replacement Damage Amount penalty calculated as follows: ENERGY REPLACEMENT DAMAGE AMOUNT = [(A – B – C) x (D – E)] Where: A = Seller’s Annual Energy Delivery Obligation in kWh. B = Sum of Metered Amounts over the addressTerm Year in kWh. C = Sum of Lost Output over the Term Year in kWh. D = Simple average of the Market Price for all Settlement Intervals in the Term Year in $/kWh. E = Energy Price in $/kWh (i.e., facsimile numbers $/MWh/1000). Notes: 1. In the above calculation, the result of “(D – E)” shall not be greater than five cents ($0.05) per kWh or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 if made less than two cents ($0.02) per kWh. 2. If the result of the calculation above is zero or less, Seller shall not be obligated to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number:pay an Energy Replacement Damage Amount. 3. In no event shall SCE pay an Energy Replacement Damage Amount. 1 9/06 Submits interconnection application. 2 N/A Files any land applications. 3 Complete* Files Permit application(s).