Laserfiche WebLink
Metadata
Document management portal powered by Laserfiche WebLink 9 © 1998-2015 Laserfiche. All rights reserved.
ORDER NO. PSC -2018 -0314 -PAA -EQ <br />DOCKET NO. 20180073 -EQ <br />PAGE 21 <br />DUKE <br />4 ENERGY, <br />3. Term of Contract <br />Attachment A <br />Page 16 of 71 <br />SECTION No. EX <br />64.9VE_NT4TWELFTH REVISED SHEET NO. 9.415 <br />CANCELS TZ"�.'—TH SEVENTH SHEET NO. 9,415 <br />Except as otherwise provided herein, this Contract shall become effective immediately upon its <br />execution by the Parties and shall end at 12:01 a.m, on the Termination Date, (the "Term-) <br />unless terminated earlier in accordance with the provisions hereof. Notwith%andin.- the <br />foregoing, if the Capacity Delivery ]date of the Facility is not accomplished by the RF/QF before <br />the Required Capacity Delivery Date (or such later date as may be permitted by DEF pursuant to <br />Section 7), this Contract shall be rendered null and void and DEF's shall have no obligations <br />under this Contract. <br />4. Minimum Specifications and Milestones <br />As required by FPSC Rule 25-17,0832(4)(e), the minimum specifications pertaining to this <br />Contract and milestone dates are as follows: <br />Avoided Unit <br />Undesignated Combustion Turbine <br />Avoided Unit Capacity <br />2268 MW <br />Avoided Unit In-Scrvicc Date <br />June 1, 20274 <br />Avoided Unit Meat Rate <br />10.90564 BTU/kWh <br />Avoided Unit Variable O&M <br />0.993-S10 per kWh in mid -201$7 dollars <br />escalating annually at 2.50% <br />Avoided Unit Life <br />35 years <br />Capacity Payments begin <br />Avoided Unit In -Service Date unless Option B. <br />or D is selected or amended in Appendix E <br />Termination Date <br />May 31, 20374 (10 years) unless amended in <br />Appendix E <br />Minimum Performance Standards - On <br />Peak Availability Factor's <br />95% <br />Minimum Performance Standards - Off' <br />Peak Availability Factor <br />95% <br />Minimum Availability Factor Required to <br />qualify for a Capacity a yment <br />75°% <br />Expiration Date <br />April 1, 20198 <br />Completed Permits Date <br />June I, 202 2 <br />Exemplary Early Capacity Payment Date <br />I January I, 20252 <br />a RF/QF performance shall be as measured and/or described in Appendix A. <br />ISSUED BY: Javier Portuondo, Managing Director, Rates 8 Regulatory Strategy • Ft <br />EFFECTIVE: July-i3:2i173 <br />z l 1 <br />