NTAC definition
Examples of NTAC in a sentence
NYPA's recovery pursuant to NTAC is limited as described in Attachment H to the ISO OATT.
This Agreement is further premised on each Investor-Owned Transmission Owner being authorized to fully recover the NTAC charged to its transmission and retail customers and that any necessary regulatory approvals for such full recovery will be granted by the PSC and FERC.
Customers Scheduling Export or Wheel-Through Transactions: Transmission Customers scheduling Export or Wheel-Through Transactions shall pay an NTAC based on their Transaction schedules.
However, an Energy Storage Resource that participates as a Co-located Storage Resource will only pay an NTAC for net Actual Energy Withdrawals by the combined Co-located Storage Resources.
Each Energy Storage Resource in the NYCA shall pay an NTAC to the ISO based on the Energy Storage Resource’s Actual Energy Withdrawals when the Energy Storage Resource is not providing a service.
The NTAC charge shall not apply to Exports and Wheel-Through Transactions scheduled with the ISO to destinations within the New England Control Area provided that the conditions listed in Section 2.7.2.1.4 of this Tariff are satisfied.
An Energy Storage Resource that participates as a Co-located Storage Resource will not pay an NTAC when it receives charging Energy from its co-located Intermittent Power Resource behind the Co-located Storage Resources’ shared Point of Injection/Point of Withdrawal.
The Recipient shall establish and thereafter maintain throughout Project implementation, the NTAC with composition, terms of reference and resources satisfactory to the Association, to be responsible for providing technical advice to the NPSC and NPCT relating to the Project.
The New York State Loads, Wheels Through, and Exports will be billed based on the product of: (i) the NTAC; and (ii) the Customer’s billing units for the Billing Period.
Beginning with LBMP implementation, the monthly NTAC shall be posted on the OASIS by the ISO no later than the fifteenth day of each month or as soon thereafter as is reasonably possible but in no event later than the 20th of the month to become effective on the first day of the next calendar month.