Levelized Tariff definition

Levelized Tariff means the tariff calculated in accordance with the provisions of Clause
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Levelized Tariff means the fixed tariff offered by the Bidder for 20 (Twenty) years from the date of commissioning of the Rooftop Solar Photovoltaic Power Project under the Scope of work as per this RfS;
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Levelized Tariff is a means to recover the entire cost of a project during the project’s lifecycle. Any downward revision of the same will severely impact the revenues of the project and make it financially and economically unviable. Therefore, the Commission ought not to review the approach for the determination of the tariff mid-stream and adopt a parametric approach (as suggested by the DISCOM) after the completion of 10 years from the COD.
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Examples of Levelized Tariff in a sentence

  • Calculate the Levelized Tariff (LT) by using the 12% discount rate (d), 20 year term and NPV calculated above as the parameters in the function.

  • The ranking of the Bidders shall be based on the calculated Levelized Tariff Charge (mentioned in the RFP) of the responsive Bidders.

  • The Bidder with the lowest Levelized Tariff shall be declared as the Successful Bidder for the quantum of power (in MW) offered by such Bidder in its Financial Bid.

  • B.1.2 Tariff Charge in US cents/kWh for any Contract Year other than the first Contract Year shall not exceed 110% of the Levelized Tariff Charge.

  • The Bidder may add additional sheets if necessary.) B.1.1 Tariff Charge in US cents /kWh for the first Contract Year shall not exceed 111% of the Levelized Tariff Charge.

  • The Bidders shortlisted for the E-Reverse Auction can reduce their tariffs less than the Pre-Fixed Levelized Tariff to arrive at the PPA Tariff.

  • In case the Aggregate Capacity offered by the Bidders at a specific 33/11 kV substation is less than or equal to the Notified Capacity of that specific 33/11 kV substation, then the Bidders will be listed as the (Successful Bidder)w/o E-RA with a PPA Tariff equal to the Pre-fixed Levelized Tariff.

  • The Successful Bidders will be awarded the PPA Tariffs equal to the tariffs discovered at the end of the E-Reverse Auction or the Pre-fixed Levelized Tariff, as the case may be.

  • Pursuant to ITB Clause1.5.6.3 b), the Pre-fixed Levelized Tariff will be the ceiling tariff at the start of the E-Reverse Auction process.

  • The Bidders not reducing their tariffs less than the Pre-fixed Levelized Tariff after the E-Reverse Auction will be ranked based on the following principle until the allocation of the Notified Capacity of the specific 33/11 kV substation, as the case may be.


More Definitions of Levelized Tariff

Levelized Tariff means the tariff offered by the Bidder for 25 years for the Scope of work as per RFS document subject to the maximum levelized tariff of 25 years of as per clause 2
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Levelized Tariff or “LT” – means the single value of Tariff in Taka or US cents per kWh for each of the Contract Years over the Term of the PPA, which would have the same present value as the present value of the annual Tariff in the Proposal of a Bidder, as calculated in accordance with Section B, Article 7 and Annex A, Exhibit II.
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Related to Levelized Tariff

  • ISO-NE Tariff means ISO-NE’s Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended from time to time.

  • Reference Tariff means an access charge (including any system premium) applicable to a specified Reference Train Service over a specified part of the Infrastructure as specified in QR Network’s Access Undertaking;

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Design Criteria Package means concise, performance-oriented drawings or specifications for a public construction project. The purpose of the Design Criteria Package is to furnish sufficient information to permit Design-Build Firms to prepare a bid or a response to the District’s Request for Proposals, or to permit the District to enter into a negotiated Design- Build Contract. The Design Criteria Package must specify performance- based criteria for the public construction project, including the legal description of the site, survey information concerning the site, interior space requirements, material quality standards, schematic layouts and conceptual design criteria of the project, cost or budget estimates, design and construction schedules, site development requirements, provisions for utilities, stormwater retention and disposal, and parking requirements applicable to the project. Design Criteria Packages shall require firms to submit information regarding the qualifications, availability, and past work of the firms, including the partners and members thereof.

  • CAISO Grid means the system of transmission lines and associated facilities of the Participating Transmission Owners that have been placed under the CAISO’s operational control.

  • CAISO Tariff means the CAISO FERC Electric Tariff, Fifth Replacement Volume No. 1, as amended from time to time.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Distribution Tariff means the Distribution Tariff prepared by the Company and approved by the Commission on an interim or final basis, as the case may be;

  • ISO Tariff means the ISO New England Inc. Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended, modified, superseded and supplemented from time to time, and including the Market Rules and Procedures.

  • Fee Tariffs means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated fee required pursuant to the Fees Rules but taking into account any applicable discount rate); and

  • PJM Tariff or “Tariff shall mean that certain “PJM Open Access Transmission Tariff”, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.

  • Digital Signal Level 0 (DS-0 means the lowest-level signal in the time division multiplex digital hierarchy, and represents a voice-grade channel operating at either the 56 Kbps or 64 Kbps transmission bit rates. There are twenty-four (24) DS-0 channels in a DS-1.

  • Switched Access Detail Usage Data means a category 1101xx record as defined in the EMI iconectiv Practice BR 010-200-010.

  • Synchronous Optical Network (SONET) is an optical interface standard that allows inter-networking of transmission products from multiple vendors. The base rate is 51.84 Mbps (“OC-1/STS-1”) and higher rates are direct multiples of the base rate, up to 13.22 Gbps.

  • Market Participant Energy Injection means transactions in the Day-ahead Energy Market and Real-time Energy Market, including but not limited to Day-ahead generation schedules, real- time generation output, Increment Offers, internal bilateral transactions and import transactions, as further described in the PJM Manuals.

  • Fines Tariff means a list of fines approved by the Clubs at a general meeting to be levied by the Management Committee for any breach of the Rules, as set out at Schedule A.

  • Electronic Product Code™ (EPC) means an identification scheme for universally identifying physical objects via RFID tags and other means. The standardized EPC data consists of an EPC (or EPC identifier) that uniquely identifies an individual object, as well as an optional filter value when judged to be necessary to enable effective and efficient reading of the EPC tags. In addition to this standardized data, certain classes of EPC tags will allow user-defined data. The EPC Tag Data Standards will define the length and position of this data, without defining its content.

  • Electronic Funds Transfer (EFT) indicator means a four-character suffix to the unique entity identifier. The suffix is assigned at the discretion of the commercial, nonprofit, or Government entity to establish additional System for Award Management records for identifying alternative EFT accounts (see subpart 32.11) for the same entity.

  • Level I Pricing applies on any day on which the Borrower’s long-term debt is rated A+ or higher by S&P or A1 or higher by Moody’s.

  • Maintenance Program means LESSEE's maintenance program as approved by the Aviation Authority or such other maintenance program as LESSOR may, in its discretion, accept in writing.

  • PJM Tariffs means the PJM OATT and the PJM Amended and Restated Operating Agreement, collectively.

  • Capacity Utilization Factor or “CUF” Shall have the same meaning as provided in CERC (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2009 as amended from time to time.

  • Base Day-ahead Scheduling Reserves Requirement means the thirty-minute reserve requirement for the PJM Region established consistent with the Applicable Standards, plus any additional thirty-minute reserves scheduled in response to an RTO-wide Hot or Cold Weather Alert or other reasons for conservative operations. Base Load Generation Resource

  • Service Drop means the overhead service conductors from the service point to the connection to the service-entrance conductors at the building or other structure.

  • Maintenance Programme shall have the meaning set forth in Clause 14.3; “Maintenance Period” shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Additional Day-ahead Scheduling Reserves Requirement means the portion of the Day- ahead Scheduling Reserves Requirement that is required in addition to the Base Day-ahead Scheduling Reserves Requirement to ensure adequate resources are procured to meet real-time load and operational needs, as specified in the PJM Manuals.