MTF Service Charge definition
MTF Service Charge. The charge applicable to MTF Service, which shall be determined pursuant to arrangements between the MTF Provider and Eligible Customers that take MTF Service, and not under this Tariff. The charge applicable to MTF Service shall be in accordance with the Commission's authorization for the MTF Provider to charge negotiated rates (i.e., rates established pursuant to market mechanisms as recognized for merchant transmission projects and not included in NEPOOL Tariff rates) for the use of transmission capability over its MTF.
Examples of MTF Service Charge in a sentence
Each Participant or Non-Participant which takes Firm or Non-Firm MTF Service shall pay the MTF Service Charge to the MTF Provider, or its designated agent, where the Transmission Customer takes such Firm or Non-Firm MTF Service based on secondary rights released by the existing MTF Provider through the NEPOOL OASIS.