RMR Avoidable Costs definition

RMR Avoidable Costs has the meaning set forth in Section 1.18 of the OATT.
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RMR Avoidable Costs means a Noticing Generator’s fixed costs that would be avoided if it were to exit the ISO Administered MarketMarkets in the manner specified in the Generator Deactivation Notice, including but not limited to, mandatory capital expenditures, fixed operating and maintenance costs, and forgone opportunity costs, determined by the ISO in accordance with Section 23.4.5.8[*], but not including variable costs or any other type of cost that is included in the Noticing Generator’s Energy or Ancillary Services reference levels, or that is ordinarily included in Energy or Ancillary Services reference levels.
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Examples of RMR Avoidable Costs in a sentence

  • If the RMR Agreement contains RMR Avoidable Costs and an Availability and Performance Rate, the report shall also review the inputs to, and ISO’s calculation of, the RMR Avoidable Costs and the Availability and Performance Rate.

  • The RMR Generator-specific rates set forth below identify when each RMR Generator’s RMR Avoidable Costs will change, and the amount of each change, or the expected amount of the change for Capital Expenditures.

  • The RMR Avoidable Costs each RMR Generator that is providing service under an APR is authorized to recover are set forth in the table(s) below.

  • RMR Avoidable Costs and Variable Costs are calculated daily and paid on a weekly basis.

  • The ISO developed the Minimum Availability Standard(s) set forth below for each RMR Generator based on (a) the RMR Generator’s historical performance, (b) any deferred maintenance, repair or capital expenditure costs that are included in RMR Avoidable Costs for an RMR Generator that can reasonably be expected to improve the RMR Generator’s availability, and (c) other factors that are specific to the particular RMR Generator for which the Minimum Availability Standard was developed.

  • During the Term of this Agreement an RMR Generator that is providing service under an APR or an Owner Developed Rate may require additional Capital Expenditures or other RMR Avoidable Costs that could not have been reasonably anticipated, and are not included in or scheduled to be recovered as components of an RMR Generators RMR Avoidable Costs, or its Owner Developed Rate or its Variable Costs (hereafter, “Additional Costs”).

  • In addition to the expected changes in RMR Avoidable Costs specified below, an RMR Generator’s RMR Avoidable Costs may change due to the need for unexpected extraordinary maintenance or repairs (Additional Expenses) during the Term of this Agreement.

  • If the cost of returning an RMR Generator to service does not exceed the lesser of (a) $250,000, or (b) five (5) percent of annual RMR Avoidable Costs, excluding Capital Expenditures, then Owner shall promptly return the RMR Generator to service without additional recompense, consistent with Section 38.16.1.1 of the OATT.

  • Capital Expenditures are purchases, non-operational leases of or modifications to real property and/or assets (including, but not limited to, land, buildings and equipment) that (a) are required for the continued operation of one or more RMR Generator(s) during the term of an RMR Agreement, (b) have a useful life greater than one year, and (c) are not otherwise included in the NYISO’s calculation of RMR Avoidable Costs.

  • Because an Owner Developed Rate is expected to exceed an RMR Generators RMR Avoidable Costs, no Availability or Performance Incentives are available.

Related to RMR Avoidable Costs

  • avoidable costs means those costs which would not be incurred by the Licensee if he did not supply the consumers in question, including (but with due regard to the timing thereof all relevant future outlays affected by the decision to supply; and "terms" means all the terms on which a supply of gasis provided or offered, whether as respects charges, methods of payment or otherwise.

  • Avoidable Cost Rate means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. “Balancing Congestion Charges” shall be equal to the sum of congestion charges collected from Market Participants that are purchasing energy in the Real-time Energy Market minus [the sum of congestion charges paid to Market Participants that are selling energy in the Real-time Energy Market plus any congestion charges calculated pursuant to the Joint Operating Agreement between the Midcontinent Independent Transmission System Operator, Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 38), plus any congestion charges calculated pursuant to the Joint Operating Agreement Among and Between New York Independent System Operator Inc. and PJM Interconnection, L.L.C. (PJM Rate Schedule FERC No. 45), plus any congestion charges calculated pursuant to agreements between the Office of the Interconnection and other entities, plus any charges or credits calculated pursuant to Operating Agreement, Schedule 1, section 3.8, and the parallel provisions of Tariff, Attachment K-Appendix, section 3.8, as applicable)].

  • Deactivation Avoidable Cost Rate means the formula rate established pursuant to Tariff, Part V, section 115 of this Tariff.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.