Off-Peak Price definition

Off-Peak Price means the ICE Mid-C Off-Peak Index Price (in US$/MWh) for that hour.
Off-Peak Price means the Energy Price for an Off Peak Trading Interval. Off Peak Trading Interval is any Trading Interval that is not an On Peak Trading Interval. Reference Node has the meaning given to that term in the Market Rules. RBU has the meaning given to “retail business unit” in regulation 3 of the Regulations.
Off-Peak Price means, for an Off-Peak Hour:

Examples of Off-Peak Price in a sentence

  • The TOU Off-Peak Price is determined based on the percentage discount below the Time-of-Use On-Peak Price (“TOU On-Peak Price”) – The price in dollars per MWh indicated in the Transaction Confirmation as determined pursuant to the TOU Solicitation, which will be applicable during the On-Peak hours of the Delivery Period.

  • This Statement will show the amounts due to the TOU Supplier, equal to the sum of: (a) an off-peak charge equal to the product of the TOU Off-Peak Price and the sum of the PHEA in each TOU Off-Peak Hour of the Billing Month, and (b) an on-peak charge equal to the product of the TOU On-Peak Price and the sum of the PHEA in each TOU On-Peak Hour of the Billing Month.

  • Time-of-Use Off-Peak Price (“TOU Off-Peak Price”) – The price in dollars per MWh indicated in the Transaction Confirmation as determined pursuant to the TOU Solicitation, which will be applicable during the Off-Peak hours of the Delivery Period.

  • In this case, the Off-Peak Forward Price will be calculated as the product of the Off-Peak Price Ratio and the annual price quote.


More Definitions of Off-Peak Price

Off-Peak Price means the price for each Off-Peak Hour as specified in Exhibit B.
Off-Peak Price means, for an Off-Peak Hour: 1.1.7.1. fur days other than Sundays and NERC holidays, the DJMC Firm Off-Peak Index price (in US$fMWh) for that hour; or 2319363,4 1.1.7.2. for Sundays and NERC holidays, the DJMC Sunday 24-hour Firm Index price (in US$/MWh) for that hour. Ll.8.