Settlement Point Price definition
Examples of Settlement Point Price in a sentence
The Index Energy Price shall be the hourly Load Zone Settlement Point Price established in the Real-Time Market as those terms are defined in the ERCOT Protocols in which such ESI ID is located.
The price for the purchase of non- firm energy under this Agreement shall be at the applicable ERCOT Settlement Point Price (“SPP”) (“Contract Price”).
In the event the Settlement Point Price falls below $0.00 for a given Settlement Interval, Seller shall curtail the Facility output (“Economic Curtailment”).
In no event will any Load Zone Settlement Point Price interval be less than 0.00¢ per kWh Transmission and Distribution Service Provider charges, non-recurring charges, taxes, public utility gross receipts assessments (as applicable), or miscellaneous gross receipts taxes, wholesale energy (“kWh”), line losses to meter point, renew- able, portfolio standard, ERCOT admin charges, ancillary services, Reliability Unit Commitment (“RUC”), and SFE’s cost to serve the Applicant are not included in energy charge.