Common use of Variable Price Component Calculation Clause in Contracts

Variable Price Component Calculation. The Variable Price Component is calculated in dollars as follows: [(Monthly bidweek gas price + Intrastate gas transportation rate)/1,000,000* Heat Rate] + Variable O&M (a) Monthly bidweek gas price shall be calculated as the average of monthly bidweek gas price indices at PG&E Citygate as reported in Gas Daily, Natural Gas Intelligence, and Natural Gas Weekly (b) Intrastate gas transportation rate shall be the tariffed intrastate gas transportation rate for large electric generators as published in the PG&E Gas Tariffs G-EG and G-SUR.

Appears in 2 contracts

Sources: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement