What is TCPbd in the indexed Contract Price formula?
Please provide a sample calculation with numbers in the example.

Thank you for your review, we will correct this in the revised draft microFIT contract.

If CPIy = 113% and CPICD = 110%, and the contract price is 13.5c/kWh, with an escalation percentage of 20%.

Then, CPy = (1-20%)x(13.5c/kWh) + (20%)x(13.5c/kWh x 113%/110%) = 13.57