Common use of SDD Energy Adjustment Clause in Contracts

SDD Energy Adjustment. An Adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval. When the SDD Energy Adjustment is negative, Seller shall make a payment to Buyer and when the SDD Energy Adjustment is positive, Seller shall receive a credit from Buyer. The SDD Energy Adjustment is calculated as follows: If A < D, then SDD Energy Adjustment= (D – A) x (EP – P) or If A > E, then SDD Energy Adjustment = (A – E) x (P – EP) Otherwise, the SDD Energy Adjustment = 0 where: A = Metered Energy for the Settlement Interval; B = Seller’s Final Energy Forecast based on the hourly forecasts made pursuant to Exhibit I corresponding to the Settlement Interval; C = Performance Tolerance Band = The greater of (a) three percent of the Seller’s Final Energy Forecast divided by the number of Settlement Intervals in such hour or (b) one (1) MWh divided by the number of Settlement Intervals in such hour; D = Performance Tolerance Band Lower Limit = (B – C); E = Performance Tolerance Band Upper Limit = (B + C); EP = XXX Period Energy Price applicable to the Settlement Interval specified in Section 2(b) of Exhibit D; and P = Real-Time Price for the Generator’s PNode as published by the CAISO on OASIS for the Settlement Interval.

SDD Energy Adjustment. An Adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval. When the SDD Energy Adjustment is negative, Seller shall make a payment to Buyer and when the SDD Energy Adjustment is positive, Seller shall receive a credit from Buyer. The SDD Energy Adjustment is calculated as follows: If A < D, then SDD Energy Adjustment= (D – A) x (EP – P) or If A > E, then SDD Energy Adjustment = (A – E) x (P – EP) Otherwise, the SDD Energy Adjustment = 0 where: A = Metered Energy for the Settlement Interval; B = Seller’s Final Energy Forecast based on the hourly forecasts made pursuant to Exhibit I G corresponding to the Settlement Interval; C = Performance Tolerance Band = The greater of (a) three Three percent of the Seller’s Final Energy Forecast divided by the number of Settlement Intervals in such hour or (b) one (1) MWh divided by the number of Settlement Intervals in such hour; D = Performance Tolerance Band Lower Limit = (B – C); E = Performance Tolerance Band Upper Limit = (B + C); EP = XXX Period Energy Price applicable to the Settlement Interval specified in Section 2(b) of Exhibit DC; and P = Real-Time Market Price for the Generator’s PNode as published by the CAISO on OASIS for the Settlement Interval.

SDD Energy Adjustment. An Adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval. When the SDD Energy Adjustment is negative, Seller shall make a payment to Buyer and when the SDD Energy Adjustment is positive, Seller shall receive a credit from Buyer. The SDD Energy Adjustment is calculated as follows: If A < D, then SDD Energy Adjustment= Adjustment = (D – A) x (EP – P) or If A > E, then SDD Energy Adjustment = (A – E) x (P – EP) Otherwise, the SDD Energy Adjustment = 0 where: A = Metered Energy for the Settlement Interval; B = Seller’s Final Energy Forecast based on the hourly forecasts made pursuant to Exhibit I corresponding to the Settlement Interval; C = Performance Tolerance Band = The greater of (a) three percent of the Seller’s Final Energy Forecast divided by the number of Settlement Intervals in such hour or (b) one three (13) MWh divided by the number of Settlement Intervals in such hour; D = Performance Tolerance Band Lower Limit = (B – C); E = Performance Tolerance Band Upper Limit = (B + C); EP = XXX Period Energy Price applicable to the Settlement Interval specified in Section 2(b) of Exhibit D; and P = Real-Time Price for the Generator’s PNode as published by the CAISO on OASIS for the Settlement Interval.

SDD Energy Adjustment. An Adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval. When the SDD Energy Adjustment is negative, Seller shall make a payment to Buyer and when the SDD Energy Adjustment is positive, Seller shall receive a credit from Buyer. The SDD Energy Adjustment is calculated as follows: If A < D, then SDD Energy Adjustment= (D – A) x (EP – P) or If A > E, then SDD Energy Adjustment = (A – E) x (P – EP) Otherwise, the SDD Energy Adjustment = 0 where: A = Metered Energy for the Settlement Interval; B = Seller’s Final Energy Forecast based on the hourly forecasts made pursuant to Exhibit I corresponding to the Settlement Interval; C = Performance Tolerance Band = The greater of (a) three percent of the Seller’s Final Energy Forecast divided by the number of Settlement Intervals in such hour or (b) one One (1) MWh divided by the number of Settlement Intervals in such hour; D = Performance Tolerance Band Lower Limit = (B – C); E = Performance Tolerance Band Upper Limit = (B + C); EP = XXX Period Energy Price applicable to the Settlement Interval specified in Section 2(b) of Exhibit D; and P = Real-Time Price for the Generator’s PNode as published by the CAISO on OASIS for the Settlement Interval.

SDD Energy Adjustment. An Adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval. When the SDD Energy Adjustment is negative, Seller shall make a payment to Buyer and when the SDD Energy Adjustment is positive, Seller shall receive a credit from Buyer. The SDD Energy Adjustment is calculated as follows: If A < D, then SDD Energy Adjustment= (D – A) x (EP – P) or If A > E, then SDD Energy Adjustment = (A – E) x (P – EP) Otherwise, the SDD Energy Adjustment = 0 where: A = Metered Energy for the Settlement Interval; B = Seller’s Final Energy Forecast based on the hourly forecasts made pursuant to Exhibit I G corresponding to the Settlement Interval; C = Performance Tolerance Band = The greater of (a) three Three percent of the Seller’s Final Energy Forecast divided by the number of Settlement Intervals in such hour or (b) one (1) MWh divided by the number of Settlement Intervals in such hour; D = Performance Tolerance Band Lower Limit = (B – C); E = Performance Tolerance Band Upper Limit = (B + C); EP = XXX Period Payment divided by Metered Energy applicable to the Settlement Interval specified in Exhibit C or XXX Period Energy Price applicable to the Settlement Interval specified in Section 2(b2 (b) of Exhibit DC (1); and P = Real-Time Market Price for the Generator’s PNode as published by the CAISO on OASIS for the Settlement Interval.

SDD Energy Adjustment. An Adjustment adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement IntervalInterval (“SDD Energy Adjustment”). When the SDD Energy Adjustment is negative, Seller shall make a payment to Buyer and when the SDD Energy Adjustment is positive, Seller shall receive a credit from Buyer. The SDD Energy Adjustment is calculated as follows: If A < D, then SDD Energy Adjustment= (D – A) x (EP – P) or If A > E, then SDD Energy Adjustment = (A – E) x (P – EP) Otherwise, the SDD Energy Adjustment = 0 where: A = Metered Energy for the Settlement Interval; B = Seller’s Final Energy Forecast based on the hourly forecasts made pursuant to Exhibit I G corresponding to the Settlement Interval; C = Performance Tolerance Band = The greater of (a) three Three percent of the Seller’s Final Energy Forecast divided by the number of Settlement Intervals in such hour or (b) one (1) MWh divided by the number of Settlement Intervals in such hour; D = Performance Tolerance Band Lower Limit = (B – C); E = Performance Tolerance Band Upper Limit = (B + C); EP = XXX Period payment, as calculated in accordance with Exhibit C, divided by Metered Energy Price applicable to the Settlement Interval specified in Section 2(b) of Exhibit DInterval; and P = Real-Time Market Price for the Generator’s PNode as published by the CAISO on OASIS for the Settlement Interval.

SDD Energy Adjustment. An Adjustment adjustment will be calculated for each Settlement Interval in a month if the Metered Energy is either (a) less than the Performance Tolerance Band Lower Limit in any Settlement Interval or (b) greater than the Performance Tolerance Band Upper Limit in any Settlement Interval. When the SDD Energy Adjustment is negative, Seller shall make a payment to Buyer and when the SDD Energy Adjustment is positive, Seller shall receive a credit from Buyer. The “SDD Energy Adjustment Adjustment” is calculated as follows: If A < D, then SDD Energy Adjustment= (D – A) x (EP – P) or If A > E, then SDD Energy Adjustment = (A – E) x (P – EP) Otherwise, the SDD Energy Adjustment = 0 where: A = Metered Energy for the Settlement Interval; B = Seller’s Final Energy Forecast based on the hourly forecasts made pursuant to Exhibit I corresponding to the Settlement Interval; C = Performance Tolerance Band = The greater of (a) three percent of the Seller’s Final Energy Forecast divided by the number of Settlement Intervals in such hour or (b) one (1) MWh divided by the number of Settlement Intervals in such hour; D = “Performance Tolerance Band Lower Limit Limit” = (B – C); E = “Performance Tolerance Band Upper Limit Limit” = (B + C); EP = XXX Period Energy Price applicable to the Settlement Interval specified in Section 2(b) of Exhibit D; and P = Real-Time Market Price for the Generator’s PNode as published by the CAISO on OASIS (as defined in the CAISO Tariff) for the Settlement Interval.