Common use of Performance Factor Clause in Contracts

Performance Factor. GULF POWER desires to provide an incentive to the QS to operate the Facility during on-peak and off-peak periods in a manner which approximates the projected performance of GULF POWER’s Avoided Unit. A formula to achieve this objective is attached as Appendix B.

Appears in 2 contracts

Sources: Standard Offer Contract for the Purchase of Capacity and Energy, Standard Offer Contract for the Purchase of Capacity and Energy