Examples of Energy Costs in a sentence
The fuel cost portion of the Energy Costs will be calculated at the average cost of the fuel consumed during the month as purchased by Municipality and reflected in its accounting records.
Any liability which is incurred by FMPA pursuant to the Solar PPA and not covered, or not covered sufficiently, by insurance shall be paid solely from the revenues of FMPA derived from the Solar III Project, and any payments made by FMPA, or which FMPA is obligated to make, to satisfy such liability shall become part of Monthly Energy Costs, as required in order to satisfy the obligation of FMPA to make such payments as provided in the Solar PPA.
MRES will pay Municipality for energy scheduled by MRES and generated by a Unit and delivered by Municipality to the Point of Delivery, as follows: (a) at a rate equal to Municipality’s Energy Costs plus the Energy Adder 1, for such energy production up to Energy Block 1 in any month; and (b) at a rate equal to Municipality’s Energy Costs plus the Energy Adder 2, for such energy production exceeding Energy Block 1 in any month.
The Project Participant shall, in accordance with and subject to the provisions of SECTION 5 hereof, pay FMPA (i) for its Solar Entitlement Share, an amount determined by multiplying Monthly Energy Costs by the Project Participant’s Solar Entitlement Share, and (ii) for its share of monthly Project Related Costs, an amount determined by multiplying the Project Related Costs for such Month by Project Participant’s Solar Entitlement Share.
MRES will pay Energy Costs plus the Energy Adder 1 and Energy Adder 2, if applicable, for energy produced during scheduled GVTC Tests.