Energy Purchase Price definition

Energy Purchase Price. Means the $/MWh price as selected and defined in Part

Energy Purchase Price. The price per kilowatt hour North Carolina Power will pay Operator for energy delivered to North Carolina Power in accordance with Article 10.

Energy Purchase Price. Means the price shown in $/MWh, for the applicable Planning Year, on the Purchase Price Schedule set forth in Exhibit E.

Examples of Energy Purchase Price in a sentence

• For all Surplus Energy, Idaho Power shall pay to the Seller 85% of the Mid-Columbia Market Energy Cost or the Off-Peak Net Energy Purchase Price as specified in Appendix E, whichever is lower.

• The Net Energy Purchase Price shall be calculated as specified in Schedule 85 resulting in an On-Peak and Off-Peak Net Energy Purchase Price which will be applied to the applicable energy deliveries during On-Peak and Off- Peak Hours.

• In any Planning Year following a Planning Year in which the Energy Purchase Price has been adjusted pursuant to this Subsection 7.1, if the previous three-year average of Energy Performance is more than ninety percent (90%) of Contract Energy over the same period, then the Energy Purchase Price shall be re-adjusted to the value set forth in Exhibit E to this agreement for such Planning Year.

• The Net Energy Purchase Price shall be calculated as specified in Schedule 85 for the option(s) selected by the Seller resulting in an on-peak and off-peak Net Energy Purchase Price which will be applied to the applicable energy deliveries during on-peak and off-peak hours as defined by the North American Electric Reliability Council (NERC).

• The Net Energy Purchase Price shall be calculated as specified in Schedule 85 resulting in an On-Peak and Off-Peak Net Energy Purchase Price which will be applied to the applicable energy deliveries during On-Peak and Off-Peak Hours.

More Definitions of Energy Purchase Price

Energy Purchase Price means the price per kilowatt-hour Virginia Power shall pay Operator for the Net Electrical Output, computed as set forth in Section 5.3 of this Agreement.

Energy Purchase Price means the amount nominated by the company pursuant to section 9.2(c) of PPA under power policy 1994 / section 9.2(c) of PPA under power policy of 2002;

Energy Purchase Price means the price per kilowatt-hour Buckeye will pay Operator for Net Electric Output delivered to Buckeye in accordance with Section 10.1.

Energy Purchase Price means the price per kilowatt-hour that Dominion will pay, in accordance with Article 9 (Compensation, Payment, and Xxxxxxxx) and Schedule A – Pricing, to Xxxxxxxxxxxx for Substitute Energy. "Fixed Payment" means the price in cents per Day per kW of Substitute Energy as set forth in Section II of Schedule A – Pricing. "Force Majeure" has the meaning set forth in Section 12.1 (Obligations Excused). "Interest" means the compensation for the accrual of monetary obligations under this Agreement computed Monthly and prorated daily from the time each such obligation arises based on an annual interest rate equal to the Prime Rate plus two (2) percent. For purposes of this Agreement, Prime Rate shall mean the Prime Rate published in the most recent edition of the Wall Street Journal (or similar publication should the Wall Street Journal no longer provide such Prime Rate), determined for each obligation to pay interest at the time such obligation arises. "Month" means a calendar month. 2 "NCUC" means the North Carolina Utility Commission. "Party" or "Parties" has the meaning set forth in the Preamble. "PJM" means the PJM Interconnection, LLC, and its successors, a regional transmission organization (RTO). "PJM Agreements" means the PJM Open Access Transmission Tariff, Operating Agreement of PJM, PJM Reliability Assurance Agreement among Load-Serving Entities in the PJM South Region and any other applicable PJM agreements, tariffs, manuals or rules setting forth the rights and obligations of the Parties with respect to PJM. "PJM-West Hub" means the PJM-West Hub as defined in the PJM Agreements, which is the hub that acts as the source and sink for Substitute Energy. "PPA" has the meaning set forth in the first Recital. "SCC" means the State Corporation Commission of Virginia. "Substitute Delivery Point" means the PJM-West Hub. "Substitute Energy" means energy sold by Xxxxxxxxxxxx, or by Xxxxxxxxxxxx’x designee or agent, to Dominion pursuant to a Substitute Energy Bilateral Schedule and delivered to the Substitute Delivery Point. "Substitute Energy Bilateral Schedule" has the meaning set forth in Section 7.3 (Quantity of Substitute Energy). "Substitute Energy Cap" means the total amounts for each Month in a given Year shown in Schedule B – Monthly Maximums. "Substitute Energy Non-Delivery Damages" has the meaning set forth in Section 10.3 (Failures with Regard to Bilaterals and Liability). "Term" has the meaning set forth in Section 4.1 (Term). "Xxxxxxxxxxxx" has the ...

Energy Purchase Price means the price per kilowatt-hour that Dominion will pay, in accordance with Article 9 (Compensation, Payment, and Xxxxxxxx) and Schedule A – Pricing, to Xxxxxxxxxxxx for Substitute Energy.

Energy Purchase Price means the price per kilowatt-hour that DNCP will pay, in accordance with Article 9 (Compensation, Payment, and Bxxxxxxx) and Schedule A – Pricing, to Wxxxxxxxxxxx for Substitute Energy delivered to DNCP.

Energy Purchase Price. The price per kilowatthour Virginia Power will pay Operator for energy delivered to Virginia Power in accordance with Article 10, Sections 1 through 14. The Energy Purchase Price is a function of the Fuel Compensation Price, the Heat Rate, and the variable O&M Price. Accordingly, the Energy Purchase Price for the integrated hourly Net Electrical Output = FH + V where (i) F= Fuel Compensation Price, (ii) H = Heat Rate, and (iii) V = O&M Price.