Examples of Purchased Energy in a sentence
This ERAC is consistent with the terms of the Company's operations and Purchased Energy contracts and may be revised to reflect any revisions or changes in operations and the Purchased Energy contracts, subject to approval by the Commission.
The Energy Rate Adjustment Factor shall be the sum of the Generation Component and the Purchased Energy Component.
This adjustment shall be comprised of a Company Generation Component and a Purchased Energy Component.
When the Company-generated net energy cost is more or less than 1735.83 cents per million Btu, and/or the Purchased Energy cost is more or less than 17.381 cents per kilowatthour, a corresponding adjustment (Energy Rate Adjustment Factor) to the energy charges shall be made.
The Purchased Energy Component shall be the difference between (1) the current Purchased Energy cost weighted by the proportion of current Purchased Energy to total system net energy, and (2) the base Purchased Energy cost of 17.381 cents per kilowatthour weighted by the proportion of the 2010 test year Purchased Energy to total system net energy, adjusted to the sales delivery level and for additional revenue taxes.
Utility energy pricing in Illinois is based on estimates and cost differences are trued up after the fact through the Purchased Energy Adjustment (PEA).
Ameren Rider PER (Purchased Energy Recovery) (Electric Service Schedule Ill.CC.
Energy Rate Adjustment Clause (ERAC): This ERAC shall include the following: FUEL AND PURCHASED ENERGY - The above rates are based on a cost of fuel for Company generation of 1735.83 cents per million Btu for fuel delivered in its service tanks and a cost for purchased energy (Purchased Energy) of 17.381 cents per kilowatthour.
If in a given billing period the combined total of the electricity supplied to NSPI’s grid by the customer-generator and the “banked” energy credits from the previous billing periods is less than the electricity supplied to the customer by NSPI, NSPI will bill the customer for the Net Purchased Energy Requirement and for the applicable non-KWh monthly charges.
Net Purchased Energy Requirement = Purchased energy from NSPI – (Self- generation supplied to NSPI + “Banked” energy credits).