Energy Settlement definition
Examples of Energy Settlement in a sentence
Capitalized terms used but not otherwise defined herein shall have the meanings specified (i) the case of Energy Settlement defined terms, in Appendix XVIII, (iii) in the case of Behind the Meter Project, in Appendix XIX, and otherwise (iii) in the CAISO Tariff.
If it does not, delete the bracketed language that relates to Energy Settlement and add “Reserved” or otherwise follow the directions of corresponding footnotes.
Indicate in Appendix II Part C if this Agreement does or does not include Energy Settlement.
As the Energy Settlement calculation is computed on a monthly basis, this calculation would be repeated for every day of the month using that day’s Day-Ahead Price.
If this Agreement does include Energy Settlement, remove brackets around Energy Settlement provisions in the Agreement and Appendices.
This value will then be multiplied by the Energy Settlement Payment Quantity per Section 6.2 of the Agreement.
After the applicable Showing Month and in accordance with Article Eleven, Buyer shall make a Monthly Payment (or “MP”) to Seller for Product as follows: MPm = KPm – ESm where, MPm = Monthly Payment for month m; KPm = Capacity Payment for month m; ESm = Energy Settlement for month m.
As indicated in Appendix II (1) Part A - the Project associated with this Agreement shall be located [front of] [behind] the retail meter and (2) Part C – this Agreement [includes an Energy Settlement, which is based on market prices for energy, and, if applicable, will be netted out of Buyer’s monthly payment to Seller] OR [does not include Energy Settlement].
This Appendix illustrates how the Energy Settlement would be calculated for one day.
Hour Ending [Insert Month and Year]0 For the purposes of calculating the Energy Settlement, the Energy Settlement Energy Price and Energy Settlement Energy Hours shall be as follows.