Imbalance Charge definition
Examples of Imbalance Charge in a sentence
The Monthly Fuel Imbalance Charge is equal to 75% of 1st Tier Imbalance plus 100% of 2nd Tier Imbalances; Where: The 1st Tier Imbalances is that portion of the Monthly Sum of Daily Imbalance Charges which exceeds 2.25 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month and is less than or equal to 10.0 percent of the CAISO Facility Monthly Billed Fuel Cost for the Month.
Pursuant to the above, the Monthly Fuel Imbalance Charge is calculated in accordance with Equation C1-9.
Monthly Monthly Sum of Monthly Sum of CAISO Facility Fuel Imbalance Charge = 0.75 Daily Imbalance Charges – 0.0225 Monthly Billed Fuel Cost + 0.25 Daily Imbalance Charges – 0.10 Monthly Billed Fuel Cost Note that if either of the two bracketed portions of the equation yields a value less than or equal to zero, then that portion of the equation is set to zero.
Monthly Monthly Sum of Monthly Sum of CAISO Facility Fuel Imbalance Charge = 0.75 ◆ Daily Imbalance Charges – 0.0225 Monthly ◆ Billed Fuel Cost + 0.25 ◆ Daily Imbalance Charges – 0.10 ◆ Monthly Billed Fuel Cost Note that if either of the two bracketed portions of the equation yields a value less than or equal to zero, then that portion of the equation is set to zero.
Equation C1-9 Monthly Fuel Imbalance Charge = 0.75 🟏 Monthly Sum of Daily Imbalance Charges – 0.0225 🟏 CAISOFacility Monthly Billed Fuel Cost + 0.25 🟏 Monthly Sum of Daily Imbalance Charges – 0.10 🟏 CAISO Facility Monthly Billed Fuel Cost Note that if either of the two bracketed portions of the equation yields a value less than or equal to zero, then that portion of the equation is set to zero.