Power Year definition

Power Year means a period of twelve (12) months commencing on June 1 of each year and ending on May 31 of the next calendar year.
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Power Year means the contract period between June 1 and May 31 of the following year. “Pricing Confirmation” means the confirmation in the form of Exhibit B and the Pricing Attachment, used by the Parties to effect a transaction based on the Fixed Pricing Option.
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Examples of Power Year in a sentence

  • ISO shall, in its discretion, determine and file with the Commission pursuant to Section 205 of the Federal Power Act the Installed Capacity Requirements for each Power Year.

  • ISO shall present Installed Capacity Requirements for each Power Year toGovernance Participants pursuant to the processes described in Sections 11.1.2 and 11.1.3 for consideration of proposed changes in Market Rules, and the Participants Committee shall take an advisory vote on the proposed Installed Capacity Requirements for any Power Year.

  • ISO shall present Installed Capacity Requirements for each Power Year to Governance Participants pursuant to the processes described in Sections 11.1.2 and 11.1.3 for consideration of proposed changes in Market Rules, and the Participants Committee shall take an advisory vote on the proposed Installed Capacity Requirements for any Power Year.

  • Section 1.104 of the Restated NEPOOL Agreement is amended to read as follows: WINTER PERIOD in each Power Year is (i) the seven-month period from November through May and the month of October for the Power Year commencing on November 1 in 1997 or a prior Power Year; (ii) the seven-month period from November through May for the Power Year commencing on November 1, 1998; and (iii) the eight-month period from October through May for the Power Year commencing on June 1, 1999 and each June 1 thereafter.

  • The Four Year Actual Availability Rate for an Installed Capability Entitlement for any month is the percentage which represents the average of the amounts determined for H{1} for the four applicable Twelve-Month Measurement Periods within the forty-eight months which comprise the period of four consecutive calendar years ending within the Power Year which includes such month.

  • R=0 for the Power Year beginning November 1, 2000 and all subsequent Power Years.

  • R for the month is the phase-out factor for the month, which shall be as follows: R=0.75 for the Power Year beginning November 1, 1997.

  • The Four Year Actual Availability Rate for an Installed Capability Entitlement for any month is the percentage which represents the average of the amounts determined for H1 for the four applicable Twelve-Month Measurement Periods within the forty-eight months which comprise the period of four consecutive calendar years ending within the Power Year which includes such month.

  • The data used to determine m shall include the annual maintenance outage requirements for the current Power Year and the next three Power Years, as utilized for the New Unit in the most recent determination by the Participants Committee of NEPOOL Objective Capability pursuant to Section 7.

  • By way of example, if for the Power Year beginning on June 1, 2024, the Capacity Payments were $14.50, and the Annual Threshold for fiscal year 2025 was $13.50, then the Additional Payment for fiscal year 2025 would be$1.00/kw-month x12 x 674,000 kilowatts x .05 = $404,400.