Maximum Hourly RA Capacity Payment Clause Samples
The Maximum Hourly RA Capacity Payment clause sets a cap on the amount that can be paid per hour for Resource Adequacy (RA) capacity under an agreement. In practice, this means that regardless of market fluctuations or increased demand, the payment for RA capacity will not exceed the specified hourly maximum. This clause is typically applied in power purchase or capacity agreements to control costs and provide budget certainty. Its core function is to protect the buyer from unexpectedly high capacity payments, ensuring predictable financial exposure and risk management.
Maximum Hourly RA Capacity Payment. Once Metered Amounts in any hour exceed Contract Capacity multiplied by one hour, then no further capacity payments will be calculated for the remaining Metered Amounts for such hour.
Maximum Hourly RA Capacity Payment. Once Metered Amounts in any hour exceed Contract Capacity multiplied by one hour, then no further capacity payments will be calculated for the remaining Metered Amounts for such hour. E XHIBIT D (As-Executed Option) M onthly Contract Payment Calculation {Drafting Note: This entire exhibit is applicable when Seller elects to have its contract payment fixed at the time of execution. This entire exhibit will be deleted if Seller elects to have the contract payment updated at the time of delivery (per alternative exhibit above).}