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National Grid Power Purchase Agreement

By December 13, 2020 No Comments

Big Rivers Electric Corporation is an energy production and transmission cooperative based in Henderson, Kentucky and owned by three distribution cooperatives – Jackson Purchase Energy Corporation, based in Paducah; Kenergy Corp., headquartered in Henderson; and Meade County Rural Electric Cooperative Corporation, based in Brandenburg. These member cooperatives provide electricity and energy in retail to more than 118,000 private, commercial and industrial customers in a portion of 22 counties in Western Kentucky. For a more detailed analysis of AAE issues of this type, see ifC`s guide to electricity purchase contracts (1996) – see Appendix 2 (page 160) of the World Bank concession toolkit (pdf). The District of Columbia Department of General Services has commissioned Sol Systems to develop one of the largest on-site solar projects in the United States on a 12-month line with a single power purchase contract. The project includes 35 institutions, including schools, hospitals, police and more. The delivery of the capacity by the seller and its purchase by the buyer are made by financial count in accordance with Schedule E. (AA-1 ` 4.8 (a)) If the facility exceeds its target capacity factor of 37.1% in one year, the price paid for excess electricity is reduced by 50% (PPA-1 modification, exh. E, App. The seller records the annual production target for each year of the contract on the basis of the 37.1% capacity factor and compares it to actual production. When excess electricity is generated in a given year, the price reduction appears to be a credit for 50 per cent of the excess electricity sold to the purchaser and the credits resulting from this mechanism are calculated at the end of the applicable contractual year and applied to the invoices for the next year`s billing cycle. (Modification, exh. E, App.

Y) This agreement offers you a contract to supply electricity. This is the fastest way to monetize your power generation in the UK and can offer a return on investment to your energy production.