Insolation. AE = Actual Electricity, as measured in total kWh, delivered by the System for the Contract Year. RV = (ATP – kWh Rate) ATP = Average tariff price, measured in $/kWh, for the Contract Year paid by Purchaser with respect to the Premises. This price is determined by dividing the total cost for delivered electricity, including all charges associated with such electricity howsoever named, including, without limitation, charges for distribution, transmission, demand, and systems benefits, paid to the Local Electric Utility during the applicable Contract Year by the total amount of delivered electricity by the electric utility during such Contract Year. kWh Rate = the kWh Rate in effect for the applicable Contract Year(s), measured in $/kWh.
Appears in 3 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement