On-grid Tariff definition
Examples of On-grid Tariff in a sentence
In the fourth quarter of each Year, Liyuan - AES and Hefei Zhongli shall estimate and submit for approval the On-grid Tariff of the succeeding Year in accordance with the following formula: [***] [***] Filed separately with the Commission pursuant to a request for confidential treatment.
The operation and management fee shall only be payable to Party A to the extent it is included in the Approved Generation Cost as part of the On-grid Tariff for the succeeding Year.
The formula of calculating the On-grid Tariff of the Hefei 115MW Gas Turbine Combined-cycle Power Plant is determined through the joint study and discussion of all the Investors.
In settling the electricity fees, both Parties must strictly implement the Approved Generation Cost and the On-grid Tariff.
Such excess plus the actual interest cost incurred by Party A in funding such excess ("Total Excess Amount") shall be included in the proposed On-grid Tariff of the succeeding Year.
On-Grid Quantity Starting from the Commercial Operation Date of the Power Plant, if Party A fails to accept the Annual Minimum On-Grid Quantity, in addition to paying the electricity fees for the Actual On-Grid Quantity in accordance with the On-grid Tariff, Party A shall also pay a compensation fee for the difference between the Annual Minimum On-Grid Quantity and the Actual On-Grid Quantity.
The US dollar portion shall be converted at the median price of the official foreign exchange rate on the last business day prior to the estimation of the On-grid Tariff.
The guaranty fee shall be paid by Party B and be included in the On-grid Tariff each year.