3.5  Unavailability Deduction

3.5.1  Unavailability Deductions will be calculated with reference to the following formula. The calculation is carried out on a monthly basis according to all the Unavailability events during that month.

3.5.2  The Unavailability Deduction shall be calculated as follows:

UDn

=

ARn x WFn x DPn x UUn x RDmx-3

where:

 

 

UDn

=

the Unavailability Deduction for Arean

ARn

=

the Area Rate for Arean

WFn

=

the Weighting Factor for Arean

DPn

=

the number of Deduction Periods for Arean

UUn

=

Unavailable but Used.  This is equal to one if the Area is Unavailable and not used and is equal to 0.50 if the Area is Unavailable but Used

RDmx-3

=

Repetition Deduction.  This is equal to 1.5 if the same Availability Criteria has failed more than four times in a month for an Area, and is equal to 2 if the same Unavailability Criterion has failed more than eight times during the same month. In all other instances it is equal to one.

3.5.3  Area Rate

The Area Rate for each year will be calculated in accordance with the following:

 

where:

 

 

APy

=

the Annual Unitary Charge for the relevant year indexed in accordance with paragraph 2.7

TAW

=

 

 

 

Where:

 

 

WFn

the Weighting Factor for Area (n)

 

 

DPOn

the number of Deduction Periods for Area (n)