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07/11/2017
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07/11/2017
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4/29/2025 2:07:56 PM
Creation date
9/14/2017 10:28:42 AM
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Meetings
Meeting Type
BCC Regular Meeting
Document Type
Agenda Packet
Meeting Date
07/11/2017
Meeting Body
Board of County Commissioners
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Docket No. 170077 -EQ <br />Date: June 29, 2017 <br />Attachment A <br />Page 9 of 42 <br />Second Revised Sheet No. 9.036 <br />FLORIDA POWER & UGI -1T COMPANY Comb First Sheet No. 9.036 <br />(Cominamd from Shat No. 9.033) <br />8.4.6 After providing notice to the QS, FPL shall not be required to purchase or <br />aw receive energy from the QS during any pin <br />which, due to operational circumstances, the purchase or receipt of such anergy would result in FPL's incurring costs greater than those <br />which it would incur if it did not make such purchases. An example of such an occurrence would be a period during which the load being <br />served is such that the generating units on Ii= arc base load units operating at their minimum continuous ratings end the purchaser of <br />edditional energy would require taking a base load unit off the line and replacing the remaining load served by that unit with peddW ypc <br />generation. FPL shall give the QS as much prior notice as practicable of its intent not to purchase or receive energy and firm capacity <br />pursuant to this Soction. <br />8.4.71!the Facility has a Committal Capacity less thin 75 MW, control, scheduling and dispatch of firm capacity and energy shall <br />be the responsibility of the QS. If the Facility has a Committed Capacity greater than or equal to 75 MW, than control, scheduling and <br />dispatch of fon capacity and energy shell be the responsibility of the QS, except during a "Dispatch Hotrr", i.e., any clock hour for %bich <br />FPL requests the delivery of such capacity and energy. During any Dispatcb Hour. (a) control of the Facility will either be by Seller's <br />manual control under the direction of FPL (whether orally or in writing) or by Automatic Generation Control by FFL's system control center <br />as determined by FPL, and (b) FPL may request that the real power output be at any level up to the Committed Capacity of the Facility, <br />provided, in no event shall FPL require the real power output of the Facility to be below the Facility's Minimum Load without decommitting <br />the Facility. 71he Facility shall deliver One capacity and anergy roquested by FPL within minutes, Wang into account the operating <br />limitations of the gerteratirtg equipment as specified by the manufacturer, provided such time period specified herein is considered reasonable <br />by prudent industry standards for the technology and equipment being utilized and asatming the Facility is operating at or above its <br />Minimum Load. Start-up time from Cold Shutdown and Facility Turnaround time from Hot to Hot will be taken into consideration provided <br />such are reasonable and consistent with prudent industry practices for Oro technology and equipment being utilized. The Facility's Operating <br />Characteristics have been provided by the QS and are set forth in Appendix D. Section IV of Rate Schedule QS -2. <br />8.4.8 If the Facility has a Committed Capacity of less than 75 MW, FPL may require during certain periods, by oral, written, or <br />electronic notification that tro QS cause &a Facility to reduce output to a level below the Committed Capacity but not lower than the <br />Facility's Minimum Load. FPL shall provide as much notice as practicable, rronnally:scch notice will be of at least four (4) hows. The <br />froque ncy of such request shall not exceed eight= (I8) times per calendar year and the duration of each request shag not exceed four (4) <br />hours. <br />8.4.9 FPL's exercise of its tights under this Section 8 shall not give rise to any liability or payment obligation on the part of PPL, <br />including any claim for breach of contract or for breach of arty covenant of good faith and fair doling. <br />CompledonlParfomtance Security <br />9.1 As security for the achievement of the Guaranteed Capacity Delivery Date and satisfactory performance of its obligations <br />heremder, the QS shall provide FPL either. (a) an unconditional, irrevocable, standby letter of credit(s) with an expiration date no earlier <br />tum the and of the first (1st) anniversary of the Capacity Delivery Dale (or the next business day theralla), issued by o US. commercial <br />bank or the US branch of a foreign bank having a Credit Rating of A- or higher by S&P or A3 or higher by Moody's (a "Qualified Issuer"), <br />in form and substance acceptable to FPL (including provisions (t) permitting partial and full draws and (ii) permitting FPL to draw In full if <br />such letter of credit is not r newad or replaced as required by the turns hocofat hist Chitty (30) business days prior to its expiration date) <br />('leaner of Credit"k (b) a bond, issued by a financially sound Company acceptable to FPL and in a form and substance acceptable to FPL, <br />("yond"k or (c) a cash collateral deposited with FPL ("Cash Collateral') (any of (a), (bk or (c), the "CompietionWerformmce Socurity"). <br />CompletionlPerfomtanee Security shall be provided in the amount and by the date listed below. <br />(a) $50.00 per kW (for the number of kW of Committed Capacity set forth in Section 5.1) to be delivered to FPL within five (5) <br />business days of Oro EffcWve Data and <br />(b)SI00.00 per kW (for the number of kW of Committed Capacity set forth in Section S.1) to be delivered to FPL two years before <br />the Guaranteed Capacity "very Date <br />`Credit Kaunas' neons with respect to any entity, on any date of detaminatim, the respective ratings then asagned to such antity's <br />unsecured, senior long -tam debt or deposit obligations (trot supported by third party credit enhancement) by S&P. Moody's or other <br />specified rating agency or agencies or if such unity does not have a rating for its unsocurod, senior longterm debt or deposit obligations, <br />than the rating assigned to such entity as its "corporate credit ruling' by S&P. <br />"Moodv's" means Moody's Investors Service. Inc. or its successor. <br />'a " means Standard & Paces Ratings Group (a division of The McOmu Hn71 Companies, Inc.) or its successor. <br />(Continued on Sboct No. 9.037) <br />Issued by: S. E. Romig, Director, Rates and Tariffs <br />Effective September 13, 2016 <br />-14- <br />-)—OU <br />
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