Common use of Revenue Credit Clause in Contracts

Revenue Credit. Power Services will receive a payment of at least $50,834,800 each year of the Rate Period from Transmission Services in exchange for planned balancing reserve capacity provided from the FCRPS as described in sections 3, 4 and 5 above. Power Services will set power rates with the revenue credit expectation that it will receive $54,834,800 from Transmission Services. This section 12 is subject to section 17(b) below.

Appears in 3 contracts

Samples: Partial Settlement Agreement, www.bpa.gov, www.bpa.gov

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Revenue Credit. Power Services will receive a payment of at least $50,834,800 each year of the Rate Period from Transmission Services in exchange for planned balancing reserve capacity provided from the FCRPS as described in sections 3, 4 and 5 above. Power Services will set power rates with the revenue credit expectation that it will receive $54,834,800 from Transmission Services. This section 12 is subject to section 17(b16(b) below.

Appears in 1 contract

Samples: Partial Settlement Agreement

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