Commercial Settlement. 8.1 The commercial settlements under this Agreement shall be in accordance with the Grid Interactive Renewable Regulations. 8.2 MSEDCL shall not be liable to compensate the Eligible Consumer if his Renewable Energy Generating System is unable to inject surplus power generated into MSEDCL’s Network on account of failure of power supply in the grid/Network. 8.3 The existing metering System, if not in accordance with the Grid Interactive Renewable Regulations, shall be replaced by a bi-directional meter (whole current/CT operated) and a separate Renewable Energy Generation Meter shall be provided to measure Renewable Energy generation. The bi-directional meter (whole current/CT operated) shall be installed at the inter-connection point to MSEDCL’s Network for recording export and import of energy. 8.4 The uni-directional and bi-directional meters shall be fixed in separate meter boxes in the same proximity. 8.5 The energy generated by the Renewable Energy Generating Station shall be offset against the energy consumption of the consumer from the MSEDCL in the following manner: a) If the quantum of electricity exported exceeds the quantum imported during the Billing Period, the excess quantum shall be carried forward to the next Billing Period as credited Units of electricity; b) If the quantum of electricity Units imported by the Eligible Consumer during any Billing Period exceeds the quantum exported, the MSEDCL shall raise its invoice for the net electricity consumption after adjusting the credited Units; c) The unadjusted net credited Units of electricity as at the end of each financial year shall be purchased by the MSEDCL at the Generic Tariff approved by the Commission for that year, within the first month of the following year: Provided that, at the beginning of each Settlement Period, the cumulative quantum of injected electricity carried forward will be re-set to zero; d) In case the Eligible Consumer is within the ambit of Time of Day (XxX) tariff, the electricity consumption in any time block, i.e. peak hours, off-peak hours, etc., shall be first compensated with the quantum of electricity injected in the same time block; any excess injection over and above the consumption in any other time block in a Billing Cycle shall be accounted as if the excess injection had occurred during off- peak hours; e) MSEDCL shall compute the amount payable to the Eligible Consumer for the excess Renewable Energy purchased by it as specified in Clause 8.5 (c), and shall provide credit equivalent to the amount payable in the immediately succeeding Billing Cycle.
Appears in 2 contracts
Samples: Net Metering Connection Agreement, Net Metering Connection Agreement
Commercial Settlement. 8.1 The commercial settlements under this Agreement shall be in accordance with the Grid Interactive Renewable Regulations.
8.2 MSEDCL The Licensee shall not be liable to compensate the Eligible Consumer if his Renewable Energy Generating System is unable to inject surplus power generated into MSEDCLthe Licensee’s Network on account of failure of power supply in the grid/Network.
8.3 The existing metering System, if not in accordance with the Grid Interactive Renewable Regulations, shall be replaced by a bi-directional meter (whole current/CT operated) and a separate Renewable Energy Generation Meter shall be provided to measure Renewable Energy generation. The bi-directional meter (whole current/CT operated) shall be installed at the inter-connection point to MSEDCLthe Licensee’s Network for recording export and import of energy.
8.4 The uni-directional and bi-directional meters shall be fixed in separate meter boxes in the same proximity.
8.5 The energy generated by the Renewable Energy Generating Station shall be offset against the energy consumption of the consumer from the MSEDCL Distribution Licensee in the following manner:
a) If the quantum of electricity exported exceeds the quantum imported during the Billing Period, the excess quantum shall be carried forward to the next Billing Period as credited Units of electricity;
b) If the quantum of electricity Units imported by the Eligible Consumer during any Billing Period exceeds the quantum exported, the MSEDCL Distribution Licensee shall raise its invoice for the net electricity consumption after adjusting the credited Units;
c) The unadjusted net credited Units of electricity as at the end of each financial year shall be purchased by the MSEDCL Distribution Licensee at the Generic Tariff approved by the Commission for that year, within the first month of the following year: Provided that, at the beginning of each Settlement Period, the cumulative quantum of injected electricity carried forward will be re-set to zero;
d) In case the Eligible Consumer is within the ambit of Time of Day (XxX) tariff, the electricity consumption in any time block, i.e. peak hours, off-peak hours, etc., shall be first compensated with the quantum of electricity injected in the same time block; any excess injection over and above the consumption in any other time block in a Billing Cycle shall be accounted as if the excess injection had occurred during off- peak hours;
e) MSEDCL The Distribution Licensee shall compute the amount payable to the Eligible Consumer for the excess Renewable Energy purchased by it as specified in Clause 8.5 (c8.5(c), and shall provide credit equivalent to the amount payable in the immediately succeeding Billing Cycle.
8.6 In case of Group Net Metering, the energy generated by the Renewable Energy Generating Station shall be offset against the energy consumption of the consumer from the Distribution Licensee in the following manner:
a) Where the export of units during any billing period exceeds the import of units at the connection where Renewable Energy Project is located, such surplus units injected into the grid shall be adjusted against the energy consumed in the monthly bill of service connection(s) in a sequence indicated in the priority list provided by the Consumer;
b) The electricity consumption in any time block (e.g., peak hours, off-peak hours, etc.) shall be first compensated with the electricity generation in the similar time blocks in the same billing cycle of the Consumer where the Renewable Energy Project is located, and any surplus units injected shall be adjusted against the energy consumed in the monthly bill of service connection(s) in a sequence indicated in the priority list provided by the Consumer, as if the surplus generation/ Energy Credits occurred during the off peak time block for Time of Day (XxX) Consumers and normal time block for Non-XxX Consumer;
c) Where during any billing period, the export of units either in Non-XxX Tariff or XxX Tariff exceeds the import of units by the electricity service connection(s), such surplus units injected by the Consumer shall be carried forward to the next billing period as energy credit;
d) For unadjusted net credited Units of electricity at the end of each financial year, the provisions of Clause 11.4 (c) will be applicable for the connection where Solar Project is located.”
Appears in 1 contract
Samples: Net Metering Connection Agreement
Commercial Settlement. 8.1 The commercial settlements under this Agreement shall be in accordance with the Grid Interactive Renewable Regulations.
8.2 MSEDCL The Licensee shall not be liable to compensate the Eligible Consumer if his Renewable Energy Generating System is unable to inject surplus power generated into MSEDCLthe Licensee’s Network on account of failure of power supply in the grid/Network.
8.3 The existing metering System, if not in accordance with the Grid Interactive Renewable Regulations, shall be replaced by a bi-directional meter (whole current/CT operated) and a separate Renewable Energy Generation Meter shall be provided to measure Renewable Energy generation. The bi-directional meter (whole current/CT operated) shall be installed at the inter-connection point to MSEDCLthe Licensee’s Network for recording export and import of energy.
8.4 The uni-directional and bi-directional meters shall be fixed in separate meter boxes in the same proximity.
8.5 The energy generated by the Renewable Energy Generating Station shall be offset against the energy consumption of the consumer from the MSEDCL Distribution Licensee in the following manner:
a) If the quantum of electricity exported exceeds the quantum imported during the Billing Period, the excess quantum shall be carried forward to the next Billing Period as credited Units of electricity;
b) If the quantum of electricity Units imported by the Eligible Consumer during any Billing Period exceeds the quantum exported, the MSEDCL Distribution Licensee shall raise its invoice for the net electricity consumption after adjusting the credited Units;
c) The unadjusted net credited Units of electricity as at the end of each financial year shall be purchased by the MSEDCL Distribution Licensee at the Generic Tariff approved by the Commission for that year, within the first month of the following year: Provided that, at the beginning of each Settlement Period, the cumulative quantum of injected electricity carried forward will be re-set to zero;
d) In case the Eligible Consumer is within the ambit of Time of Day (XxX) tariff, the electricity consumption in any time block, i.e. peak hours, off-peak hours, etc., shall be first compensated with the quantum of electricity injected in the same time block; any excess injection over and above the consumption in any other time block in a Billing Cycle shall be accounted as if the excess injection had occurred during off- peak hours;
e) MSEDCL The Distribution Licensee shall compute the amount payable to the Eligible Consumer for the excess Renewable Energy purchased by it as specified in Clause 8.5 (c), and shall provide credit equivalent to the amount payable in the immediately succeeding Billing Cycle.
Appears in 1 contract
Samples: Net Metering Agreement
