RCS Price Adder definition

RCS Price Adder means, with respect to a Designated System that is a Community Renewable Energy Generation Project, a pricing component added to the Proposed Price or Contract Price, and as indicated in Schedule A to the Product Order or Schedule B to the Product Order, respectively, as applicable. An RCS Price Adder of $5 per REC is applicable if a Community Renewable Energy Generation Project is proposed and installed as a roof-mounted system under the ABP. For avoidance of doubt, RCS Price Adders are applicable only to a Designated System that is a Community Renewable Energy Generation Project and there are no RCS Price Adders applicable to a Designated System that is a Distributed Renewable Energy Generation Device. Further, an RCS Price Adder will only be included in the Contract Price if the Designated System is proposed to be a roof-mounted system in the ABP Part I Application as indicated in Schedule A of the Product Order.3

Related to RCS Price Adder

  • Locational Price Adder means an addition to the marginal value of Unforced Capacity within an LDA as necessary to reflect the price of Capacity Resources required to relieve applicable binding locational constraints.

  • Fixed price contract with price adjustment means a fixed price contract that

  • Extended Summer Resource Price Adder means, for Delivery Years through May 31, 2018, an addition to the marginal value of Unforced Capacity as necessary to reflect the price of Annual Resources and Extended Summer Demand Resources required to meet the applicable Minimum Extended Summer Resource Requirement.

  • Annual Resource Price Adder means, for Delivery Years starting June 1, 2014 and ending May 31, 2017, an addition to the marginal value of Unforced Capacity and the Extended Summer Resource Price Adder as necessary to reflect the price of Annual Resources required to meet the applicable Minimum Annual Resource Requirement.

  • ex-works price means the price paid for the product ex works to the manufacturer in the EU or in a SADC EPA State in whose undertaking the last working or processing is carried out, provided the price includes the value of all the materials used, minus any internal taxes paid which are, or may be, repaid when the product obtained is exported;