Marginal Cost Rate definition
Marginal Cost Rate means the rate in ¢/kWh, which at the relevant time, is equal to the BLPC’s cost of generating or purchasing one more kWh of Energy from sources other than the Facility, as calculated by the BLPC.
Marginal Cost Rate means the rate in dollars per MWh, which is equal to NSPI's cost of generating or purchasing the MWh of Energy not delivered by Nalcor during the corresponding hours in which Nalcor does not deliver Block B Undelivered Energy, as calculated by Emera hourly, and being either of:
Examples of Marginal Cost Rate in a sentence
If approved by the FTC, the RE Supplier may be liable to the BL&P, upon demand, as liquidated damages in respect of such delay in achieving the Commercial Operation Date, for a sum equal to the Daily Energy Bid times the Marginal Cost Rate minus the Energy Rate for each day of the delay.