Projected Annual Energy Output definition

Projected Annual Energy Output means the historic average of actual generation of the Facility or, for a Net Metered Facility, the Excess Energy Output of the Net Metered Facility since the Commercial Operation Date or, solely for the period up to and including the Contract Year immediately after the Contract Year in which the Commercial Operation Date occurred, the amount identified on the Cover Sheet hereto.

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Projected Annual Energy Output has the meaning set out in Clause 7.6.

Projected Annual Energy Output means Buyer’s Percentage Entitlement of the historic average of actual generation of the Facility since the Commercial Operation Date or, solely for the period up to and including the Contract Year immediately after the Contract Year in which the Commercial Operation Date occurred, 760,000 MWh (which amount may be revised by mutual agreement of Seller and Buyer based on final configuration, turbine choice, final wind analysis, and regulatory and permit restrictions or as a result of a reduction in the nameplate capacity of the Facility under Section 4.10), in each case in MWh per Contract Year.

Examples of Projected Annual Energy Output in a sentence

Buyer shall return a portion of the Performance Guarantee Deposit quarterly during the first Contract Year pro rata based on the actual Energy Delivered to Buyer during such quarter compared to the total Projected Annual Energy Output for the first Contract Year.
For purposes of determining the Termination Payment pursuant to Section 8.3(b)(i) and 8.3(b)(iii) above, the quantity of Products to be delivered shall be based upon the then-current Projected Annual Energy Output (the “Supply Forecast”).
On the Effective Date, Seller shall post a Cash deposit in the amount of fifteen dollars ($15.00) for a Small Distributed Generation Project 2 or twenty-five dollars ($25.00) for a Large Distributed Generation Project multiplied by the Projected Annual Energy Output (measured in MWh) for the first Contract Year (“Performance Guarantee Deposit”); provided that in no event will the Performance Guarantee Deposit be less than five hundred dollars ($500) or more than seventy-five thousand dollars ($75,000).
On the Effective Date, Seller shall post a Cash deposit in the amount of fifteen dollars ($15.00) for a Small Distributed Generation Project 2 or twenty-five dollars ($25.00) for a Large Distributed Generation Project multiplied by the Projected Annual Energy Output (measured in MWh) for the first Contract Year (“Performance Guarantee Deposit”); provided that in no event will the Performance Guarantee Deposit be less than five hundred dollars ($500) or more than seventy- five thousand dollars ($75,000).
On the Effective Date, Seller shall post a Cash deposit in the amount of fifteen dollars ($15.00) multiplied by the Projected Annual Energy Output (measured in MWh) for the first Contract Year (“Performance Guarantee Deposit”); provided that in no event will the Performance Guarantee Deposit be less than five hundred dollars ($500) or more than seventy-five thousand dollars ($75,000).
For purposes of determining the Termination Payment pursuant to Section 9.3(b)(i) and 9.3(b)(iii) above, the quantity of Products to be delivered shall be based upon the then-current Projected Annual Energy Output (the “Supply Forecast”).
For purposes of determining the Termination Payment on or after the Commercial Operation Date pursuant to this Section 9.3, the quantity of Products to be delivered shall be based upon the Projected Annual Energy Output (the “Supply Forecast”).
On the Effective Date, Seller shall post a Cash deposit in the amount of fifteen dollars ($15.00) for a Small Distributed Generation Project or twenty-five dollars ($25.00) for a Large Distributed Generation Project multiplied by the Projected Annual Energy Output (measured in MWh) for the first Contract Year (“Performance Guarantee Deposit”); provided that in no event will the Performance Guarantee Deposit be less than five hundred dollars ($500) or more than seventy- five thousand dollars ($75,000).
Buyer shall return a portion of the Performance Guarantee Deposit quarterly during the first Contract Year pro rata based on the four operating quarters presuming value of the actual Energy Delivered to Buyer during such quarter compared to exceeds the total Minimum Projected Annual Energy Output for the first Contract Year.
For purposes of determining the Termination Payment on or after the Commercial Operation Date pursuant to this Section 9.3, the quantity of Products to be Delivered shall be based upon the Projected Annual Energy Output (the “Supply Forecast”).

More Definitions of Projected Annual Energy Output

Projected Annual Energy Output means the historic average of actual generation since the Commercial Operation Date or, solely in the first Contract Year, [projected generation initially to be provided with the bid], in each case in MWh per Contract Year.

Projected Annual Energy Output means the historic annual average of actual Energy generation of the Facility, Delivered to the Delivery Point, since the Commercial Operation Date or, solely for the period up to and including the Contract Year immediately after the Contract Year in which the Commercial Operation Date occurred, 208,015 MWh, in each case in MWh per Contract Year.

Projected Annual Energy Output means Buyer’s Percentage Entitlement of the historic average of actual generation of the Facility since the Commercial Operation Date or, solely for the period up to and including the Contract Year immediately after the Contract Year in which the Commercial Operation Date occurred, 760,000419,000 MWh (which amount may be revised by mutual agreement of Seller and Buyer based on final configuration, turbine choice, final wind analysis, and regulatory and permit restrictions or as a result of a reduction in the nameplate capacity of the Facility under Section 4.10), in each case in MWh per Contract Year.

Projected Annual Energy Output means the Minimum and maximum output as identified in Schedule C.

Related to Projected Annual Energy Output

Energy year or "EY" means the 12-month period from June 1st
Annual Energy Use means, (i) with respect to the first year following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWh”), within the Party’s respective jurisdiction and (ii) with respect to the period after the anniversary of the Effective Date, the annual electricity usage, expressed in kWh, of accounts within a Party’s respective jurisdiction that are served by the Authority; and
Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.
Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:
Thermal energy means the thermal output produced by a combustion source used directly as part of a manufacturing process, industrial/commercial process, or heating/cooling application, but not used to produce electricity.

Related to Projected Annual Energy Output

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