Monthly Energy Payment. Each Monthly Invoice that includes the Monthly Energy Payment shall be accompanied by the calculation thereof in accordance with APPENDIX 5: ENERGY PAYMENT.
Monthly Energy Payment. For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the Energy Price times the XXX Factor for the applicable XXX Period times the Delivered Energy in each hour (“Monthly Energy Payment”). Monthly Energy Payment = ∑ Energy Price x XXX Factor x Delivered Energy
Monthly Energy Payment. 9.5.1 Buyer shall pay Seller for Delivered Energy calculated in accordance with APPENDIX 5: ENERGY PAYMENT and pursuant to the terms of Article 6. Buyer shall receive and purchase all Ancillary Services listed in APPENDIX 5: ENERGY PAYMENT for no additional charge.
Monthly Energy Payment. For energy Dispatched by Buyer in accordance with this Transaction (including Excess Energy), the Monthly Energy Payment shall be determined in accordance with the following formula: MEPm = Where: D Σ Daily Pricing Calculation MEPm = Monthly Energy Payment in respect of a Month in dollars D = Number of Days in applicable Month Daily Pricing Calculation: DPC = N Σ j=1 MWhj * Strike Price Where: DPC = Daily Pricing Calculation N = Number of hours in applicable Day MWhj = MWh of energy delivered to Buyer at the Delivery Point or an alternate Delivery Point, expressed in MWh. Strike Price: K = ( HRj * GDIPi)+VOM Where: K = Strike Price as expressed in dollars per MWh
Monthly Energy Payment. FPUC shall pay Gulf Power, or Gulf Power’s designated agent, a Monthly Energy Payment for each Month of the Service Term, as calculated pursuant to the methodology in Appendix D.
Monthly Energy Payment. For each Month during the Delivery Term, the Monthly Energy Payment shall equal the sum of all Hourly Energy Payments that Month.
Monthly Energy Payment. For each Month of the Service Term, the Monthly Energy Payment shall equal the sum of the Hourly Energy Charges (“HEC”) for all Hours of the Month. The HEC shall be determined for each Hour as follows: HEC = (Delivered Energy + Deemed Delivered Energy) * Energy Price Where: Delivered Energy = The total amount of Delivered Energy (in MWh) for the applicable Hour. Deemed Delivered Energy = The total amount of Deemed Delivered Energy (in MWh) for the applicable Hour. Energy Price = The energy price for the applicable Hour, based on the Service Year in which such Hour occurs, pursuant to Table A below except that such Energy Price shall be 75% of the applicable price set forth in the table for Delivered Energy in an applicable Hour in excess of MWh. Table A Service Year Energy Price (in $/MWh) 1 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
