Examples of Equivalent Availability in a sentence
For each XXXX Measurement Period following the Commercial Operations Date, a XXXX Annual Equivalent Availability Factor shall be calculated as set forth in Attachment X (XXXX Annual Equivalent Availability Factor).
For the purposes of calculating the XXXX Annual Equivalent Availability Factor for the first three (3) full XXXX Measurement Periods in the first Contract Year, the calculation will assume that the XXXX is one hundred percent (100%) available for the remaining hours of the Contract Year.
AH (A) EPDH (B) EUDH (C) PH (D) XXXX Annual Equivalent Availability Factor 100% x (A – B – C)/D Enter the information for each Forced Outage during the reporting period.
The following is an example calculation of liquidated damages for the PV System Equivalent Availability Factor Performance Metric and is included for illustrative purposes only.
Assume the monthly Lump Sum Payment is $1,000,000 and the PV System Equivalent Availability Factor is 96.9% as calculated in the example in Section 2.5(a) (Calculation of the PV System Equivalent Availability Factor) above.