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Docket No. 170077 -EQ <br />Date: June 29, 2017 <br />Attachment A <br />Page 37 of 42 <br />APPENDIX <br />TOTIFE STANDARD OFFER CONTRACT <br />TERhIDVATIONFEE <br />The Termination Fee shall be the sum of the values for web month beginning with the month in which the Capacity Delivery Dateoecurs through the <br />mouth of termination (or month of e"Inuan. as the ease may be). computed according to die following formula - <br />Termination Fee= Termination Fee appilcabte to Capacity Payment Option plus Terminst(mr Fee applicable to Filed Firm Energy Option <br />Termination Feea kable to Capaeltv Pornenv Mons IL C Dand <br />(MCP, - MCPCh) x 1�41 <br />with: MCPC, = 0 for all periods prior to the in-service date of the Companyos Avoided Unit: <br />i — number of the Monthly Billing Period commencing with dto Capacity Delivery Dato 0.0.: the <br />month in which Capacity Delivery Data occurs - I; the month following the month in which <br />Capacity Delivery Dow occurs = 2; etc.) <br />n " the mtmberof Monthly Baling Periods which have elapsed from the month in which the Capacity <br />Delivery Date coeurs through the month of termination (or month of ealeulation, as the core maybe) <br />t - the future value of in amount factor necessary to compound a sum monthly so the annual <br />percentage fate derived will equal FPL`s incremen W after-tax avoided cost of rapiml (defined as t <br />in QS -2). For any Monthly Billing Period in which MCPCr is greater than MCP„ t shall equal 1. <br />MCP, = Monthly Capacity Payment Paid to QS corresponding to the Monthly Billing Period i, calculated in <br />accordance with Appendix B: <br />MCPCr - Monthly Capacity Payment for Option A corresponding to the Monthly Billing Period i, calculated <br />in accordertce with QS -2 <br />In the event that for any Monthly Billing Period, the computation of the value of the Capacity Payment Termination Fee for such Monthly Bil ling <br />Period (as set forth above)yields a value equal w or grater then zero, the amount of the Capacity Payment Termination Fee shall be increased by the <br />amount of such value. <br />In the event that for any Monthly Billing Period, the computation of the value of the Capacity Payment Termination Fee for such Monthly Billing <br />Period (as set forth above) Yields a value less then zein, the amount of the Capacity Payment Termination Fee shall be decreased by the amount of <br />such value expressed as a positive number (the "Initial Reduction Value'; provided, however, that such Initial Reduction Value shall be subject to <br />the following adjustments (the Initial Reduction Value, as adjusted, the "Reduction Value). <br />L In the event that in the applicable Monthly Billing Period the Annual Capacity Baling Factor (ACBE), as defined in Appendix B is <br />Deas than 80%. then the Initial Reduction Value shall be adjusted to equal aro (Reduction Value 01 and the Capacity Payment <br />Termination Fee shall not be reduced for the applicable Monthly Billing Period. <br />b. In the event "in tha applicable Monthly Billing Period the Annual Capacity Billing Factor (ACBF), as definod in Appendix B. is <br />equal to or greater than 80°6 but less than 970A then the Reduction Value shall be data,, ined as follows <br />Reduction Value. Initial Reduction Value x [0.04 x (ACBE - 72)] <br />For the applicable Monthly Billing Period, the Term instion Foe shall be reduced by the amount of such Reduction Value. <br />In no event shall FPL be liable to the QS at any time for any amount by which the Capacity Payment Termination Fee. adjusted in accordance with <br />the foregoing, is less than zero (0). <br />Termination Fee aenlicab[e to the Fixed'Fiem Eneeev Pavmmt_Ontion D <br />Prier to ;tt-aervioe date of avoided unit - <br />The Termination Fee for the Fixed Firm Energy Option shall be equal to the cumulative sum of the Fixed Firm Energy Payments made to <br />the QS pumma t to Option D. starting with the in-service date of the QS facility. for each billing cycle. Such number shall reach the <br />maximum amount on the billing cycle immediately preceding the billing cycle associated with the in-service date of the Avoided (flit <br />Afler in-service date of avoided unit: <br />The Termination Fac shall be decreased each billing cycle following rho in-sctvico data of the avoided unit by en amount equal to the <br />difference betwrorn the projoctod Fixed Energy Cost that was used in the calculation to dctermiao the base energy cost to be fixed and <br />amortized pursuant to Option D for such billing cycle and the amortized Fixed Font Enargy Payment in centslKWH times the energy <br />delivered by the QS not to exceed the MWH block specified in Appendix E. <br />Issued by: S E. Romig, Director, Rates and Tariffs <br />Effective: May22,2007 <br />-42- <br />13-5-9 <br />