Common use of Bill Credit Rate Clause in Contracts

Bill Credit Rate. The value of a bill credit (“Bill Credit Rate” or “BCR”) will change from time to time with variations in electricity rates. Any changes to the BCR do not impact the Discount Rate. 11.1. The BCR is credited to the Customer’s utility bill based upon the production of the CSG(s) to which the Customer is subscribed. The Bill Credit amount shall be calculated by Versant by multiplying the BCR by the kilowatt hours (kWhs) produced by the CSG each billing

Appears in 1 contract

Samples: Solar Garden Subscription Agreement

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Bill Credit Rate. The value of a bill credit (“Bill Credit Rate” or “BCR”) will change from time to time with variations in electricity rates. Any changes to the BCR do not impact the Discount Rate.in 11.1. The BCR is credited to the Customer’s utility bill based upon the production of the CSG(s) to which the Customer is subscribed. The Bill Credit amount shall be calculated by Versant Bangor Hydro District by multiplying the BCR by the kilowatt hours (kWhs) produced by the CSG each billingbilling period and by the CSG Percentage Allocation of corresponding Customer.

Appears in 1 contract

Samples: Solar Garden Subscription Agreement

Bill Credit Rate. The value of a bill credit (“Bill Credit Rate” or “BCR”) will change from time to time with variations in electricity rates. Any changes to the BCR do not impact the Discount Rate. 11.1. The BCR is credited to the Customer’s utility bill based upon the production of the CSG(s) to which the Customer is subscribed. The Bill Credit amount shall be calculated by Versant Maine Public District by multiplying the BCR by the kilowatt hours (kWhs) produced by the CSG each billingbilling period and by the CSG Percentage Allocation of corresponding Customer.

Appears in 1 contract

Samples: Solar Garden Subscription Agreement

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Bill Credit Rate. The value of a bill credit (“Bill Credit Rate” or “BCR”) will change from time to time with variations in electricity rates. Any changes to the BCR do not impact the Discount Rate. 11.1. The BCR is credited to the Customer’s utility bill based upon the production of the CSG(s) to which the Customer is subscribed. The Bill Credit amount shall be calculated by Versant Bangor Hydro District by multiplying the BCR by the kilowatt hours (kWhs) produced by the CSG each billingbilling period and by the CSG Percentage Allocation of corresponding Customer.

Appears in 1 contract

Samples: Solar Garden Subscription Agreement

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