Common use of ALTERNATE ENERGY Clause in Contracts

ALTERNATE ENERGY. It is understood that alternate energy is defined as electricity made from renewable resources. T.I.P. will purchase alternate energy that is added to the distribution power grid on the Member's behalf. Any sources of alternate energy may vary based on availability. Electrical energy utilized to serve the Member will be drawn from the electric distribution system of T.I.P.. T.I.P. cannot guarantee that the electrons being utilized by the Member were generated by alternate energy resources; however, T.I.P. will acquire for use in its overall system an amount of alternate energy equal to or greater than the amount of alternate energy purchased by its Members pursuant to this program.

Appears in 5 contracts

Samples: Alternate Energy Purchase Agreement, Alternate Energy Purchase Agreement, Alternate Energy Purchase Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!