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This document outlines the Non-Firm Parallel Flow Agreement between Carolina Power & Light Company (Progress Energy Carolinas) and Duke Energy Carolinas regarding the management of non-firm power
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How to fill out non-firm parallel flow agreement
How to fill out Non-Firm Parallel Flow Agreement
01
Gather necessary documentation and information related to the flow of non-firm services.
02
Identify the parties involved in the agreement, including the supplier and the recipient.
03
Clearly define the scope of the service, including the amount of flow and the duration of the service.
04
Outline the responsibilities of each party, including any guarantees or limitations.
05
Include terms regarding payment, including the rate and timing of payments.
06
Incorporate legal and regulatory requirements as necessary, ensuring compliance with all applicable laws.
07
Review the agreement for clarity and completeness before signing.
08
Obtain necessary signatures from authorized representatives of each party.
Who needs Non-Firm Parallel Flow Agreement?
01
Energy producers delivering non-firm services to stakeholders.
02
Utilities requiring additional capacity in certain situations.
03
Industrial consumers needing flexible energy supply arrangements.
04
Regulatory bodies overseeing energy agreements and transactions.
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What is Non-Firm Parallel Flow Agreement?
A Non-Firm Parallel Flow Agreement is a contractual agreement that allows for the transmission of electricity or resources on a non-firm basis, typically used when the capacity is not guaranteed or is subject to variation.
Who is required to file Non-Firm Parallel Flow Agreement?
Entities that engage in the transmission of electricity or resources on a non-firm basis are required to file a Non-Firm Parallel Flow Agreement, including utilities, power marketers, and other participants in the energy market.
How to fill out Non-Firm Parallel Flow Agreement?
To fill out a Non-Firm Parallel Flow Agreement, parties must provide relevant details such as the names of the parties involved, the duration of the agreement, the transmission capacity details, and any specific terms and conditions that apply to the non-firm service.
What is the purpose of Non-Firm Parallel Flow Agreement?
The purpose of a Non-Firm Parallel Flow Agreement is to facilitate the efficient transmission of electricity when capacity fluctuates, allowing flexibility for both suppliers and consumers while managing the variability in demand and supply.
What information must be reported on Non-Firm Parallel Flow Agreement?
The information required on a Non-Firm Parallel Flow Agreement typically includes the identities of the parties, the scope of the agreement, specific transmission details, service descriptions, and any applicable regulatory or compliance requirements.
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