Monthly Capacity Payment. The Monthly Capacity Payment for each month of the Delivery Period shall be determined as follows: MCP = (CC x CR x SF x AAF) + HRP - RRA Where: MCP is the Monthly Capacity Payment expressed in Dollars for such month of the Delivery Period. CC is the Contract Capacity, expressed in kW, rounded to the nearest 100 kW. CR is the Capacity Rate expressed in Dollars per kW-year, CR = $[XXX]/kW-yr SF is the Monthly Shaping Factor for the applicable month, as set forth in the following table: January 6.7 February 5.0 March 5.0 April 5.8 May 6.3 June 8.3 July 15.8 August 17.5 September 11.7 October 5.8 November 5.8 December 6.3 AAF is the Availability Adjustment Factor for each month, expressed as a three-place decimal and determined as follows:
Appears in 2 contracts
Sources: Power Purchase Tolling Agreement, Power Purchase Tolling Agreement
Monthly Capacity Payment. The Monthly Capacity Payment for each month of the Delivery Period shall be determined as follows: MCP = (CC x CR x SF x AAF) + HRP ERP - RRA Where: MCP is the Monthly Capacity Payment expressed in Dollars for such month of the Delivery Period. CC is the Contract Capacity, expressed in kW, rounded to the nearest 100 kW. CR is the Capacity Rate expressed in Dollars per kW-year, CR = $[XXX]/kW-yr SF is the Monthly Shaping Factor for the applicable month, as set forth in the following table: January 6.7 February 5.0 March 5.0 April 5.8 May 6.3 June 8.3 July 15.8 August 17.5 September 11.7 October 5.8 November 5.8 December 6.3 AAF is the Availability Adjustment Factor for each month, expressed as a three-place decimal and determined as follows:
Appears in 1 contract
Sources: Energy Storage System Power Purchase Tolling Agreement
Monthly Capacity Payment. The Monthly Capacity Payment for each month of the Delivery Period shall be determined as follows: MCP = (CC x CR x SF SF) x AAF(AAF - GEAm) + HRP - RRA Where: MCP is the Monthly Capacity Payment expressed in Dollars for such month of the Delivery Period. CC is the Contract Capacity, expressed in kW, rounded to the nearest 100 kW. CR is the Capacity Rate expressed in Dollars per kW-year, CR = $[XXX]/kW-yr SF is the Monthly Shaping Factor for the applicable month, as set forth in the following table: January 6.7 February 5.0 March 5.0 April 5.8 May 6.3 June 8.3 July 15.8 August 17.5 September 11.7 October 5.8 November 5.8 December 6.3 AAF is the Availability Adjustment Factor for each month, expressed as a three-place decimal and determined as follows:
Appears in 1 contract
Sources: Power Purchase Agreement