Examples of Expected Energy in a sentence
In addition, if the Parties have agreed that Seller is entitled to the PTC Amount, and the PTC is applicable to the Facility, during the period (not to exceed a total of one hundred twenty (120) consecutive months) in which Seller is receiving PTCs, Buyer shall also pay the PTC Amount for Deemed Delivered Energy until the sum of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred percent (100%) of the Expected Energy for such Contract Year.
Notwithstanding the foregoing, if, at any point in any Contract Year, the amount of Facility Energy plus the amount of Deemed Delivered Energy exceeds one hundred fifteen percent (115%) of the Expected Energy for such Contract Year, the price to be paid for such additional Facility Energy amounts (but not Deemed Delivered Energy, for which no additional compensation shall be paid) shall be fifty percent (50%) of the Renewable Rate.
THIS SCOPE WILL BE FINALIZED WITH THE SELECTED FIRM.] System Size (DC kW): System Size (AC kW): System Location: Expected Modules: Expected Energy Expected Inverter: Expected Structure: Point of Interconnection: CONTRACTOR’s entire Proposal is made part of this Agreement.
Any changes to Appendix 1.2.2, including any changes that result in the Contract Capacity of the Energy Storage System to exceed the Expected Energy Storage System Contract Capacity, shall require Buyer’s written consent in an amendment to be exercised in Buyer’s sole discretion.
Buyer shall pay Seller the Renewable Rate for each MWh of Adjusted Facility Energy plus Deemed Delivered Energy up to one hundred fifteen percent (115%) of the Expected Energy for each Contract Year.