Alternative Compliance Payment definition

Alternative Compliance Payment or "ACP" means a payment of a certain dollar amount per megawatt hour, which a Retail Electricity Supplier may submit in lieu of supplying the minimum percentage of RECs required under Section 3.3.4 of this Regulation.

Alternative Compliance Payment means a payment to the Renewable Energy

Alternative Compliance Payment means the payment

Examples of Alternative Compliance Payment in a sentence

• The amount of payment guarantee (if requested) shall be equal to the lesser of (a) the cumulative product of the NEPOOL-GIS Certificate Quantity and the difference between the NEPOOL-GIS Certificate Purchase Price and the Alternative Compliance Payment Rate for the applicable NEPOOL-GIS Certificate Type and Vintage, or (b) the product of the NEPOOL-GIS Certificate Quantity and the NEPOOL-GIS Certificate Purchase Price, multiplied by 0.3.

• If Seller is incapable of transferring the corresponding amount of RECs associated with the deficiency in the amount of Seller’s supply for the Delivery Period after using Commercially Reasonable efforts to do so, Seller shall pay the Alternative Compliance Payment for the number of RECs owed to TVA pursuant to this Exhibit.

• If Seller has paid PECO an amount in excess of the actual Alternative Compliance Payment for each AEC not Delivered, PECO shall pay Seller the difference between the amount Seller paid per AEC and the actual Alternative Compliance Payment.

• If the PaPUC subsequently determines that the Alternative Compliance Payment for the AEPS Reporting Year in which Seller failed to Deliver the Contract Amount is more than the amount Seller paid for each AEC not Delivered, Seller shall pay PECO the difference between the amount Seller paid per AEC and the actual Alternative Compliance Payment.

• In the event that Seller fails to provide Replacement AECs as provided under this Section, Seller shall pay PECO within forty-five (45) days of the end of the Contract Year an amount equal to the Alternative Compliance Payment (a “Replacement AEC Payment”) for each AEC which Seller fails to transfer to PECO for such Contract Year as liquidated damages.

More Definitions of Alternative Compliance Payment

Alternative Compliance Payment or "ACP" means the compliance rate for failure to meet the renewable portfolio standards specified in Section 16-244c of the Connecticut General Statutes ("General Statutes") or any similar compliance rate established;

Alternative Compliance Payment means a payment to the Renewable Energy Development Fund of fifty dollars ($50.00) per megawatt-hour of renewable energy obligation, in 2003 dollars, adjusted annually by the annual change in the U.S. Bureau of Labor Statistics Consumer Price Index, which may be made in lieu of standard means of compliance with these regulations.

Alternative Compliance Payment means a payment of a certain dollar amount per megawatt hour, which a Commission-Regulated Electric Company may submit in lieu of supplying the minimum percentage of RECs from Eligible Energy Resources required as defined and set by 26 Del.C. §§352(1) and 358(d).

Alternative Compliance Payment means the greater of the amount designated under the terms of the Renewable Energy Standard (RES), which is the amount that an entity subject to such RES must pay in lieu of the transfer of RECs in order to comply with the RES requirements for a given RES compliance year, or in the absence of any Federal requirements, 1.0¢/kWh.

Alternative Compliance Payment means the payment established in RCW 19.405.090(2).

Alternative Compliance Payment means the payment established in section 9(2) of this act.

Alternative Compliance Payment or “ACP” means a payment of a certain dollar amount per megawatt hour, which a supplier/provider may submit [in lieu of supplying] to comply with the class I or class II renewable energy [required under] requirement in Table A in N.J.A.C. 14:8-2.3.