Variable O&M Charge definition
Examples of Variable O&M Charge in a sentence
Compensation to Seller shall consist of (a) a Monthly Capacity Payment calculated in accordance with Section 9.2, (b) a Variable O&M Charge calculated in accordance with Section 9.3, and (c) a Start-Up Charge calculated in accordance with Section 9.4. The Monthly Capacity Payment, Variable O&M Charge, and Start-Up Charge will be paid each month, in arrears in accordance with Article 10, for each month of the Delivery Period.
Compensation to Seller shall consist of (a) a Monthly Capacity Payment calculated in accordance with Section 9.2, and (b) a Variable O&M Charge calculated in accordance with Section 9.3. The Monthly Capacity Payment and Variable O&M Charge will be paid each month, in arrears in accordance with Article 10, for each month of the Delivery Period.
Compensation to Seller shall consist of (a) a Monthly Capacity Payment calculated in accordance with Section 9.2, (b) a Variable O&M Charge calculated in accordance with Section 9.3, and [(c) a Start-Up Charge calculated in accordance with Section 9.4., if requested] The Monthly Capacity Payment, Variable O&M Charge, [and Start-Up Charge] will be paid each month, in arrears in accordance with Article 10, for each month of the Delivery Period.
The Variable O&M Charge on the Effective Date shall be $1.50/MWh, adjusted for Escalation.
The Energy Charge has two components and shall be equal to the sum of the Variable O&M Charge plus the Fuel Charge.