Common use of Expected Electricity Output Clause in Contracts

Expected Electricity Output. The Expected Electricity Output shall be calculated using the below methodology. 1. Partial Year Expected Electricity Output (kWh) for each Partial Production Year (i.e., Years 1 and the final year of the Minimum CREF Commercial Operation Period as set forth in Attachment C, assuming the Commercial Operation Date does not coincide with the start of the calendar year), the Partial Production Year expected electricity output shall be determined by prorating the Annual Expected Electricity Output (see below). 2. Annual Expected Electricity Output (kWh) for each Full Production Year (i.e., January 1 – December 31) shall be computed as follows. Using the lesser of (i) system capacity as specified in Attachment C or (ii) the as-built system capacity from the DCSEU Substantial Completion Report, annual production: a. shall be estimated using the NREL PVWatts generation profile, based on NREL (NSRDB) weather data for the District of Columbia, and b. shall then be adjusted by the Production Year panel degradation factor determined according to manufacturer specifications, calculated as follows: 1 minus the manufacturer specified annual panel degradation factor, raised to the power of the Production Year minus 1. (For example, if Panel Specification degradation = 1%, and Production Year = 5, then Panel degradation (Yr5) = (1 - 0.01)^(5-1) = (0.99)^(4) = 0.960596.)

Expected Electricity Output. The Expected Electricity Output shall will be calculated using the below methodology. 1. Partial Year Expected Electricity Output (kWh) for each Partial Production Year (i.e., Years 1 and the final year of the Minimum CREF Commercial Operation Period as set forth in Attachment C21, assuming the Commercial Operation Date does not coincide with the start of the calendar year), the Partial Production Year expected electricity output shall will be determined by prorating the Annual Expected Electricity Output (see below). 2. Annual Expected Electricity Output (kWh) for each Full Production Year (i.e., January 1 – December 31) shall will be computed as follows. Using the lesser of (i) system capacity as specified in Attachment C the Work Order or (ii) the as-built system capacity from the DCSEU Substantial Completion Report, annual production: a. shall will be estimated using the NREL PVWatts generation profile, based on NREL (NSRDB) weather data for the District of Columbia, and and b. shall will then be adjusted by the Production Year panel degradation factor determined according to manufacturer specifications, calculated as follows: 1 minus the manufacturer specified annual panel degradation factor, raised to the power of the Production Year minus minus 1. (For example, if Panel Specification degradation = 1%, and Production Year = 5, then Panel degradation (Yr5) = (1 - 0.01)^(5-1) = (0.99)^(4) = 0.960596.)

Expected Electricity Output. The Expected Electricity Output shall be calculated using the below methodology. 1. Partial Year Expected Electricity Output (kWh) for each Partial Production Year (i.e., Years 1 and the final year of the Minimum CREF Commercial Operation Period as set forth in Attachment C, assuming the Commercial Operation Date does not coincide with the start of the calendar year), the Partial Production Year expected electricity output shall be determined by prorating the Annual Expected Electricity Output (see below). 2. Annual Expected Electricity Output (kWh) for each Full Production Year (i.e., January 1 – December 31) shall be computed as follows. Using the lesser of (i) system capacity as specified in Attachment C or (ii) the as-built system capacity from the DCSEU Substantial Completion Report, annual production: a. shall be estimated using the NREL PVWatts generation profile, based on NREL (NSRDB) weather data for the District of Columbia, and DRAFT COPY b. shall then be adjusted by the Production Year panel degradation factor determined according to manufacturer specifications, calculated as follows: 1 minus the manufacturer specified annual panel degradation factor, raised to the power of the Production Year minus 1. (For example, if Panel Specification degradation = 1%, and Production Year = 5, then Panel degradation (Yr5) = (1 - 0.01)^(5-1) = (0.99)^(4) = 0.960596.)