Tier 2 Rate definition

Tier 2 Rate. (08/15/08 Version) means the Tier 2 Rate as defined in the TRM.
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Tier 2 Rate means any Priority Firm Power (PF) rate that reflects Tier 2 Costs and applies to power purchased under a CHWM Contract to meet a customer’s Above-CHWM Load.
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Tier 2 Rate means the per MWh charge used by all LSEs and NYSERDA as calculated by the formula adopted in the Tier 2 Order and as posted on NYSERDA’s website, and including any administrative adder, if approved by the Commission.3
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Examples of Tier 2 Rate in a sentence

  • The Tier 1 Rate and Tier 2 Rate may be referred to collectively or individually as the “Throughput Charge”.

  • The pro rata share of Tier 2 RECs BPA transfers to «Customer Name» shall be the ratio of «Customer Name»’s amount of power purchased at the applicable Tier 2 Rate to the total amount of purchases under that Tier 2 Rate.

  • The Tier 1 Rate and the Tier 2 Rate may be referred to collectively or individually as the “Transportation Rate”.

  • The following incremental volumetric daily reservation rates will apply to firm service provided to the secondary delivery points set forth below under the corresponding Point Tier: Tier 1 Rate: $.03/Dth; Tier 2 Rate: $.05/Dth.

  • In addition, any Dedicated Resource amounts or amounts purchased at a Tier 2 Rate that would otherwise be made eligible for removal or remarketing due to the addition of resources under section 3.5.3 do not have temporary resource removal or remarketing rights under this section.

  • The Tier 1 Rate and Tier 2 Rate may be referred to collectively or individually as the “Throughput Charge.” For the avoidance of doubt, to the extent any Quarterly Deficiency Payment is applied to any Quarterly Surplus Volumes (such volumes being referred to as “Pre-Paid Volumes”), the Throughput Charge for such Pre-Paid Volumes shall be the Tier 1 Rate for the Calendar Quarter in which such Quarterly Deficiency Payment was made.

  • Any elections of Tier 2 Rate alternatives, Dedicated Resource additions, or other notices given to BPA under this Agreement shall continue to be applicable under the new purchase obligation, provided that BPA may update such terms and conditions consistent with the then-current terms of the new purchase obligation, and additional costs may apply for service under the new purchase obligation as described in section 11.1.3.

  • If Measurement Rate is greater than Tier 2 Rate but less than or equal to Tier 1 Rate, Eligible Provider will receive 40% of Provider Eligible Funding.

  • If Measurement Rate is less than or equal to Tier 2 Rate, Eligible Provider shall receive 100% of Provider Eligible Funds.

  • The pro rata share of Tier 2 RECs BPA transfers to Jefferson shall be the ratio of Jefferson’s amount of power purchased at the applicable Tier 2 Rate to the total amount of purchases under that Tier 2 Rate.


More Definitions of Tier 2 Rate

Tier 2 Rate. The Tier 1 Rate is calculated using the following formula: Baseline Rate - ((Baseline Rate – Target Rate) * 60%). The Tier 2 Rate is only applicable if the Baseline Rate is greater than the Target Rate.
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Tier 2 Rate means the per MWh charge used by all LSEs and NYSERDA as calculated by the formula adopted in the Tier 2 Order and as posted on NYSERDA’s website, and including any administrative adder, if approved by the Commission.27
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Tier 2 Rate means the Tier 2 Rate as defined in the TRM.
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Tier 2 Rate means the rate incorporated into these terms, as amended from time to time, and published by ME as the tier 2 rate for the ME InterestME Savings Account.
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