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GuideGlossaryTake-or-pay

Take-or-pay

Contract obligating the buyer to pay for a minimum quantity of power or capacity whether or not it is used.

Current numbers

~90% min-demandtake-or-pay floor in the Oregon POWER Act / Schedule 96 large-load tariff templateas of 2026 · register ↗
~70%breakeven utilization for a debt-financed fleet; the cliff the on-demand/take-or-pay mix transfers or carries (contested — single-source)as of 2026 · register ↗
85% / 12 yrtake-or-pay floor and minimum term in Ohio's large-load tariff (pay 85% of contracted capacity, 12-yr minimum)as of 2025 · register ↗

← All terms