Common use of Performance Incentive Clause in Contracts

Performance Incentive. The baseline used to calculate the Performance Incentive each RMR Generator that is being compensated under an APR is eligible to recover is set forth in the table below. The incentive shall be calculated in accordance with Rate Schedule 8 to the Services Tariff. The ISO shall use each RMR Generator’s actual performance and the baseline specified in the table below to determine the incentive (if any) it shall pay for performance each month. [ADD TABLE SPECIFYING THE PERFORMANCE BASELINE FOR EACH RMR GENERATOR.]

Appears in 15 contracts

Sources: Reliability Must Run Agreement, Reliability Must Run Agreement, Reliability Must Run Agreement

Performance Incentive. The baseline used to calculate method of calculating the Performance Incentive each RMR Generator that is being compensated under an APR is eligible to recover is set forth in the table below. The incentive shall be calculated in accordance with Rate Schedule 8 to the Services Tariff. The ISO shall use each RMR Generator’s actual performance and the baseline specified in the table below to determine the incentive (if any) it shall pay for performance each month. [ADD TABLE SPECIFYING THE PERFORMANCE BASELINE AND ALL OTHER ASPECTS OF HOW THE PERFORMANCE INCENTIVE WILL BE CALCULATED FOR EACH RMR GENERATOR.]

Appears in 1 contract

Sources: Reliability Must Run Agreement

Performance Incentive. The baseline method ofbaseline used to calculating calculate the Performance Incentive each RMR Generator that is being compensated under an APR is eligible to recover is set forth in the table below. The incentive shall be calculated in accordance with Rate Schedule 8 to the Services Tariff. The ISO shall use each RMR Generator’s actual performance and the baseline specified in the table below to determine the incentive (if any) it shall pay for performance each month. [ADD TABLE SPECIFYING THE PERFORMANCE BASELINE AND ALL OTHER ASPECTS OF HOW THE PERFORMANCE INCENTIVE WILL BE CALCULATED FOR EACH RMR GENERATOR.]

Appears in 1 contract

Sources: Reliability Must Run Agreement