Common use of Allocation of Net Metering Credits Clause in Contracts

Allocation of Net Metering Credits. For each month during the term of this Agreement, Developer shall cause Utility to allocate net metering credits to a Utility electrical account designated by Owner, or if Owner is not a customer of Utility then to a Utility electrical account designated by Developer, in an amount equal to “Owner’s Prorata Share” of the total net generation of the Project. “Owner’s Prorata Share” shall be a percentage equal to the total rated production capacity of Owner’s Solar Panels (in kW) divided by the total rated production capacity of all solar panels installed at the Project (in kW).