Common use of Stored Energy Service Charges Clause in Contracts

Stored Energy Service Charges. If a Reservoir Party generates energy with stored water and consequently spills an equivalent amount of energy elsewhere on its System or if that Reservoir Party transfers such energy to another Party for immediate spill, such energy shall be considered spilled energy. When the reservoirs of the Coordinated System reach the Refill Criterion, a Reservoir Party may purchase any remaining energy stored in its reservoirs by a Supplying Party under this subsection 9(i) from such Supplying Party at the rate set forth for Interchange Energy imbalances in paragraph 14(a)(2), Regular Interchange Energy Imbalances.

Appears in 3 contracts

Sources: Coordination Agreement, Coordination Agreement, Coordination Agreement