4CP definition
Examples of 4CP in a sentence
Termination of service does not excuse you from paying any outstanding 4CP costs.
If you have executed a specific generation contract with us, you are responsible for the rate, 4CP costs and fees set out in your electric service rate / generation contract.
CSE 1 - 0.40 1.00 1.25 1.50 CSE 2 - 0.30 1.00 1.25 1.50 CSE 3 - 0.20 1.00 1.25 1.50 CSE 4<CP - 0.20 1.00 1.25 1.50 CSE 4≥CP - 0.00 0.50 1.00 1.50 CSE 5<CP - 0.20 1.00 1.25 1.50 CSE 5≥CP - 0.00 0.50 1.00 1.50 CSE 6<CP - 0.20 1.00 1.25 1.50 CSE 6≥CP - 0.00 0.50 1.00 1.50 Merit pay will be calculated annually based on the Step Multiplier Table above, rounded to the nearest $100, for those eligible for merit.
Determination of Dist kW: Equals to the maximum of either the billing period's Billed kW or 80% of the maximum Billed kW in the preceding 11 billing periods Determination of 4CP kW: Equals to the average of metered demand between the months of June to September which coincide with the monthly peak demand in the same period on the ERCOT system.
Within 12 (twelve) months of the date of the order in this Cause, OG&E will conduct a review of production cost allocation methodologies for allocation of Oklahoma jurisdiction costs to customer classes to determine whether the 4CP A&E or the 1CP A&E (both weather normalized) is appropriate for implementation in OG&E's next rate case filing.
PG 1 0 0.65 1.05 1.25 1.5 PG 2 0 0.65 1.05 1.25 1.5 PG 3 0 0.5 0.9 1.05 1.2 PG 4<=CP 0 0.3 0.6 0.8 1.0 PG 4>CP 0 0.2 0.45 0.6 0.8 PG 5 <=CP 0 0.2 0.45 0.6 0.85 PG 5>CP 0 0.2 0.4 0.55 0.75 PG 6 <=CP 0 0.15 0.35 0.5 0.65 PG 6>CP 0 0.15 0.35 0.5 0.65 Merit pay will be calculated annually based on the Merit Multiplier Table above, the merit budget specified below, actual demographics of the bargaining unit members who are eligible for merit and the actual performance distribution (rounded to the nearest $100).
During the months of June, July, August and September, Customer’s monthly bill shall also include a “Transmission Use Charge” equal to ****** times the current year’s ERCOT monthly wholesale Transmission Cost of Service charge plus ****%, times Customer’s Import Energy demand during the ERCOT 4CP interval for the applicable billing month, as defined in 16 Texas Administrative Code § 25.192.
The Stipulating Parties agree the existing wind production cost allocation shall not change, and that it shall be allocated based upon 4-CP Average and Excess allocator.
The Transmission Use Charge true-up shall reconcile Customer Transmission Use Charges for the prior year to the actual charges incurred for that year based on the MDC Farm’s actual demand during the ERCOT 4CP intervals.
Moreover, the Four Coincident Peak (4CP) Load Reduction Program that targets the four 15-min settlement intervals corresponding to the highest load in each of the four summer months (June, July, August and September) is available for Non-Opt- In Entities in the ERCOT jurisdiction area.