Total Rate. The Total Rate shall be an all-inclusive charge, including all applicable taxes if any (the State and its Agencies are exempt from the Sales and Use Tax, See Section 16.6.2) maintenance, or other charges, fees, or surcharges, regardless of the term used to describe the charge. The Total Rate should also include the cost of the System, and its installation. The only expense to the State or the Using Agency for the entirety of performance under this PPA and the Agreement as a whole shall be the monthly payment of the Total Rate. The monthly payment will be equal to the applicable $/kWh rate multiplied by the number of kWh of energy generated during the applicable month, as measured by the System meter.
Appears in 2 contracts
Sources: Solar Power Purchase Agreement, Solar Power Purchase Agreement
Total Rate. The Total Rate shall be an all-inclusive charge, including all applicable taxes if any (the State and its Agencies are exempt from the Sales and Use Tax, See Section 16.6.26.2 of the State Standard Terms and Conditions) maintenance, or other charges, fees, or surcharges, regardless of the term used to describe the charge. The Total Rate should also include the cost of the System, and its installation. The only expense to the State or the Using Agency for the entirety of performance under this PPA and the Agreement as a whole shall be the monthly payment of the Total Rate. The monthly payment will be equal to the applicable $/kWh rate multiplied by the number of kWh of energy generated during the applicable month, as measured by the System meter.
Appears in 1 contract
Sources: Solar Power Purchase Agreement