Common use of Emergency Capacity Payments Clause in Contracts

Emergency Capacity Payments. Consumers Energy will pay Customer a capacity rate of $25/kW (“Capacity Rate”) of Delivered Capacity per Program Period as defined in section 7(b)(ii) above. If there are multiple Emergency Events, the Delivered Capacity is averaged between all Emergency Events. If there are no Emergency Events, Consumers Energy will pay Customer the Capacity Rate multiplied by the Accepted Capacity, unless an audit takes place, in which case the Customer’s Delivered Capacity would be determined by the audit. The Capacity Payment will be made at the end of the Program Period.

Appears in 2 contracts

Sources: Emergency and Economic Commercial and Industrial Demand Response Customer Agreement, Demand Response Customer Agreement