REC Strike Price. The as-bid value for each Contract Year as submitted in the Bid Proposal and as stated in Schedule 1 of this Agreement. [The Index REC Strike Price may be adjusted pursuant to Section 5.02(e) of this Agreement.]] Injection Point: For Bid Facilities located within the New York Control Area, the Injection Point shall be the Delivery Point. For Bid Facilities located outside of the New York Control Area, Injection Point shall be the generator bus or location where the administrator of the local control area measures energy delivery from the Bid Facility into the local market.
REC Strike Price. The as-bid value for each Contract Year as submitted in the Bid Proposal and as stated in Schedule 1 of this Agreement. [The Index REC Strike Price may be adjusted pursuant to Section 5.02(e) of this Agreement.]]
REC Strike Price. The as-bid value for each Contract Year as submitted in the Bid Proposal and as stated in Schedule 1 of this Agreement. [The Index REC Strike Price may be adjusted pursuant to Section 5.02(e) of this Agreement.]] 4 This amount will be based on $30,000/MWdc nameplate capacity for solar PV, and $54,000/MWac nameplate capacity for onshore wind. For an Upgrade of solar PV or onshore wind, individually tailored amounts will be calculated by NYSERDA in advance of the proposal due date for RESRFP22-1. For Bid Facilities using technology other than onshore wind or solar PV, such as hydropower, NYSERDA will determine the compliance obligation for that Bid Facility in advance of the proposal due date for RESRFP22-1.
