Common use of Commercial Settlement Clause in Contracts

Commercial Settlement. All the commercial settlements under this agreement shall be as per Government of Gujarat’s Solar Power Policy 2015 and Order No. 1of 2015 dated 17.08.2015 of the Gujarat Electricity Regulatory Commission and any subsequent orders in this regard. The commercial settlement will be as follows: (A) Residential consumers and Government Building (i) In case of net import of energy by consumer from distribution grid during billing cycle, the energy consumed from Discom shall be billed as per applicable tariff to respective category of consumers as approved by GERC from time to time. The energy generated by Rooftop Solar system shall be set off against unit consumed (not against load/demand) and consumer shall pay demand charges, other charges penalty etc as applicable to other consumers. (ii) In case of net export of energy by consumer to distribution grid during billing cycle, Discom shall purchase surplus power after giving set off against consumption during the billing period at Average Pooled Power Purchase Cost (APPC) of the year of commissioning of Rooftop Solar PV system for the year in which the Rooftop Solar PV System is commissioned over the life of the system i.e. 25 years. Quantum of electricity generated by Rooftop Solar PV system shall be utilized for meeting RPO of Discoms. However, fixed / demand charges, other charges penalty etc shall be applicable as applicable to other consumers.

Commercial Settlement. All the commercial settlements under this agreement shall be as per Government of Gujarat’s Solar Power Policy 2015 and Order No. 1of 3 of 2015 dated 17.08.2015 of the Gujarat Electricity Regulatory Commission and any subsequent orders in this regard. The commercial settlement will be as follows: (Aa) Residential consumers and Government Buildingutilizing renewable attribute to meet its RPO (i) Energy accounting shall be undertaken on 15 minute basis. In case of net import of energy by the consumer from distribution grid during billing cyclegrid, the energy consumed from Discom Distribution Licensee shall be billed as per applicable tariff to respective category of consumers as approved by GERC the Commission from time to time. The energy generated by Rooftop Solar system PV System shall be set off against unit units consumed (not against load/demand) and consumer shall pay demand charges, peak charges, other charges charges, penalty etc etc. as applicable to other the respective category of consumers. (ii) In case of net export of energy by consumer to distribution grid during billing cycle, Discom shall purchase surplus power on 15 minutes basis after giving set off against consumption during the billing period consumption, Distribution Licensee shall purchase such surplus power at Average Pooled Power Purchase Cost (APPC) APPC rate of the year of commissioning of the Rooftop Solar PV system for the year in which the Rooftop Solar PV System is commissioned or at the lowest rate discovered through competitive bidding process anywhere in India as available on 1st day of Financial year for Projects commissioned during Apr-Sep & as available on 1st day of October for projects commissioned during Oct-March ,whichever is lower i.e. Rs ,over the life of the system i.e. 25 years. Quantum of electricity generated by Rooftop Solar PV system Such surplus purchase shall be utilized for meeting RPO of Discomsthe Distribution Licensee. However, fixed / demand charges, peak charges, other charges charges, penalty etc etc. shall be applicable payable as applicable to other the respective category of consumers.

Commercial Settlement. All the commercial settlements under this agreement shall be as per Government of Gujarat’s Solar Power Policy 2015 and Order No. 1of 2015 dated 17.08.2015 of the Gujarat Electricity Regulatory Commission and any subsequent orders in this regard. The commercial settlement will be as followsasfollows: (A) Residential consumers and Government Building (i) In case of net import of energy by the consumer from distribution grid during billing cycle, the energy consumed from Discom Distribution Licensee shall be billed as per applicable tariff to respective category of consumers as approved by GERC the Commission from time to time. The energy generated by Rooftop Solar system PV System shall be set off against unit units consumed (not against load/demand) and consumer shall pay demand charges, other charges charges, penalty etc as applicable to other consumers. (ii) In case of net export of energy by the consumer to distribution grid during billing cycle, Discom Distribution Licensee shall purchase surplus power power, after giving set off against consumption during the billing period period, at the Average Pooled Power Purchase Cost (APPC) of as determined by the year of commissioning of Rooftop Solar PV system Commission for the year in which the Rooftop Solar PV System is commissioned over the life of the system i.e. 25 years. Quantum of electricity generated by Rooftop Solar PV system shall be utilized for meeting RPO of Discoms. However, fixed / demand charges, other charges charges, penalty etc shall be applicable payable as applicable to other consumers.

Commercial Settlement. All the commercial settlements under this agreement shall be as per Government of Gujarat’s Solar Power Policy 2015 and Order No. 1of 3 of 2015 dated 17.08.2015 of the Gujarat Electricity Regulatory Commission and any subsequent orders in this regard. The commercial settlement will be as follows: (A) : Residential consumers and Government Building (i) In case of net import of energy by the consumer from distribution grid during billing cycle, the energy consumed from Discom Distribution Licensee shall be billed as per applicable tariff to respective category of consumers as approved by GERC the Commission from time to time. The energy generated by Rooftop Solar system PV System shall be set off against unit units consumed (not against load/demand) and consumer shall pay demand charges, other charges charges, penalty etc etc. as applicable to other consumers. (ii) In case of net export of energy by the consumer to distribution grid during billing cycle, Discom Distribution Licensee shall purchase surplus power power, after giving set off against consumption during the billing period period, at Average Pooled Power Purchase Cost (APPC) APPC rate of the year of the commissioning of Rooftop Solar solar roof top PV system for the year in which the Rooftop Solar PV System is commissioned or at lowest rate discovered through competitive bidding process anywhere in India as available in on 1st day of financial year for Projects commissioned during April –sep and as available on 1st day of October for projects commissioned during Oct-March ,whichever is lower i.e. at Rs …………., over the life of the system i.e. 25 years. Quantum of electricity generated by Rooftop Solar PV system shall be utilized for meeting RPO of DiscomsUGVCL. However, fixed / demand charges, other charges charges, penalty etc etc. shall be applicable payable as applicable to other consumers.