Energy Component definition
Examples of Energy Component in a sentence
The Energy Component Billed to Retail Customers will be established by the MPUC prior to the effective date of the standard offer service price.
Energy Component means the Locational Marginal Price at the reference point.
The Energy Component Billed to Retail Customers and the Commission’s administratively set monthly Capacity Component ($/kW-mo) for each month during the Term of Service will be established by the MPUC prior to the effective date of the standard offer service price.
To the extent that an estimate is provided and used for purposes of determining the Fuel Component, Variable O&M Component, Back-up Energy Component or any other charge, Seller shall provide Buyer a statement of the actual amount of such charge as soon as 120 126 available to Seller, and Seller shall make the appropriate adjustment in the following Month's invoice.
For any Substitute Energy delivered up to the Delivered Energy Cap in a Year, the Energy Purchase Price per kWh for Substitute Energy shall be equal to sum of the Escalating Energy Component and the Non-Escalating Energy Component where: The initial "Escalating Energy Component" equals 0.626 cents/kWh in 2016 dollars.
If Seller from time to time does not know the actual amount of the Fuel Component, Back-up Energy Component, Variable O&M Component or any other charge due for a particular Month when Seller prepares an invoice pursuant to this Section 9.1, Seller may estimate such cost using all available data.
Provided that where the sum of the above calculation is negative, or zero, there shall be no Energy Component.
VARIABLE ENERGY PRICING: For any Substitute Energy up to the Substitute Energy Cap, the Energy Purchase Price per kWh for Substitute Energy shall be equal to sum of the Escalating Energy Component and the Non-Escalating Energy Component where: The initial "Escalating Energy Component" equals 0.636 cents/kWh for the period April 1, 2017 through March 31, 2018.