// definition
Take-or-pay
Minimum-payment commitment
fraisrevu il y a 0 j
Short definition
A clause requiring a customer to pay for a minimum quantity or reserved capacity even when it does not use it. In large-load electricity tariffs, it protects the grid against delay or cancellation if coverage, duration and counterparty quality are sufficient.
risk atlas
Knowledge map
Intuition
Take-or-pay charges for the reservation, not only use. It turns the grid volume risk into a customer credit obligation.
Formula
payment due = greater of actual use and contractual minimumWhy it matters now
New large-load tariffs use minimum payments, long terms and collateral to filter speculative requests.
Related analyses
- The ghost kilowattData-centre tariffs, grid costs and ratepayer risk.
- The debt behind AIDebt, SPVs and financing the compute buildout.
- The residual value guaranteeAI-asset depreciation and risk transferred to a guarantor.
Related datasets
- evidence-graph.jsonLinks between articles, claims and sources.
- claims.jsonClaims extracted from the corpus with their references.
Primary sources
- Federal Energy Regulatory CommissionTransmission tariffs, large loads and cost-recovery agreements.
- U.S. Department of EnergyRate design, risk sharing and stranded assets.
- Virginia State Corporation CommissionGS-5 tariff, minimum commitment and collateral.