Delivered Capacity definition
Examples of Delivered Capacity in a sentence
Delivered Capacity Payment = ∑ [A x B x D] + C A = The Contract Price of the applicable type of Product for the applicable Showing Month B = The lesser of (i) the Demonstrated Capacity for each type of Product for the applicable Showing Month, and (ii) the corresponding Product Monthly Quantity for the applicable Showing Month C = The monthly SC services payment in the amount of [Dollar Amount Text] dollars ($[Number]), if B is greater than zero for the applicable Showing Month.
Participants will receive an annual Emergency Capacity Payment for the Delivered Capacity amount specified in this Agreement within sixty (60) days after August 31st, the effective date of the DR season.
Delivered Capacity for each event hour is calculated as the difference between the measured energy demand and the baseline energy demand.
PAYMENT AND BILLING Delivered Capacity Payment Buyer shall make a monthly payment to Seller, after the applicable Showing Month, (“Delivered Capacity Payment”) equal to the product of (A x B x C).
If called, this audit is required as the Customer’s program payment will be determined by performance during the Audit event and the Customers Delivered Capacity (as defined below).
In Program Periods when one or more Emergency Events are called, Consumers Energy will pay Customer an energy payment of $50/MWh multiplied by the event’s Delivered Capacity multiplied by the hours for each such event as defined in section 8(b) above.
If no Emergency Event is called, the Delivered Capacity will revert to the Contracted Capacity for the DR season.
After an Emergency Event and Customer’s Delivered Capacity has been verified, Consumers Energy shall make Emergency Event Energy Payments for Customer’s participation by the issuance of credits to the Customer’s bill.
In a Program Period with multiple Emergency Events, the Delivered Capacity will be based on the Customers average event performance during the terms of this Agreement.
The Delivered Capacity Payment shall be calculated on an aggregated basis across all service accounts within a Resource ID for each Operating Month.