PPA Adjustment definition
Examples of PPA Adjustment in a sentence
Related to the three categories of power purchase agreements that can be used to serve Western Interconnection Member load as described in Rate Schedule No. 281, Tri-State and United Power have agreed the net Proposed Buyout Amount is $0.00 for the Renewables PPAs, Basin CROD PPA, and WAPA Agreements, so the Final Western Interconnection PPA Adjustment upon withdrawal will not result in a credit or debit to the Final Payment Amount (as those terms are defined in Rate Schedule No. 281).
The UP CTP estimate of $627,630,197.00, calculated in accordance with Tri-State’s compliance filing for Rate Schedule No. 281, includes the following formula and inputs: Annual Western Interconnection CTP Amount ($709,482,596) + Final Western Interconnection PPA Adjustment ($0.00) – Estimated Patronage Capital Credit (based upon United Power’s patronage capital balance as of April 2023) ($81,852,399) – estimate of the Regulatory Liabilities Credit (based upon information as of January 25, 2024) ($0.00).
The estimated Final Payment Amount of $71,408,697.64, calculated in accordance with Rate Schedule No. 281, includes the following formula and inputs: Annual Western Interconnection CTP Amount ($77,933,263.71)2 + Final Western Interconnection PPA Adjustment ($8,100,000.00) – Estimated Patronage Capital Credit (based upon MPEI’s patronage capital balance as of December 31, 2023) ($14,624,566.07) – estimate of the Regulatory Liabilities Credit (based upon information as of June 30, 2024) ($0.00).