Energy Settlement by the Company Sample Clauses

Energy Settlement by the Company. In the event that actual DS Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the DS Supplier. In the event PJM imposes penalties against the Company as a result of the DS Supplier’s Transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company to the DS Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the DS Supplier.
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Energy Settlement by the Company. In the event that actual BGS-RSCP Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the BGS-RSCP Supplier. Should PJM impose penalties against the Company as a result of the BGS-RSCP Supplier’s transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company, to the BGS-RSCP Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the BGS-RSCP Supplier.
Energy Settlement by the Company. In the event that actual BGS-CIEP Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the BGS-CIEP Supplier. Should PJM impose penalties against the Company as a result of the BGS-CIEP Supplier’s transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company, to the BGS-CIEP Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the BGS-CIEP Supplier.
Energy Settlement by the Company. In the event that actual customer consumption data is not available until after the ISO deadline for conducting settlement, RECO will conduct the settlement process with the Supplier. Should the ISO impose penalties against the Company as a result of the Supplier’s transactions and/or failure to meet ISO requirements, such penalties shall be passed through by RECO, to the Supplier as part of this settlement process. Moreover, all other applicable charges from the ISO, including any billing adjustments, will be appropriately allocated to the Supplier.
Energy Settlement by the Company. Energy Settlement shall be conducted by the MISO. In the event that MISO imposes penalties against any of the Companies as a result of the SSO Supplier’s transactions or failure to meet the MISO requirements, the Companies will xxxx such penalties directly to the SSO Supplier.
Energy Settlement by the Company. In the event that actual TOU Customer consumption data is not available until after the PJM deadline for conducting the final settlement, the Company will conduct the settlement process with the TOU Supplier. In the event PJM imposes penalties against the Company as a result of the TOU Supplier’s Transactions or failure to meet PJM requirements, such penalties shall be passed through by the Company to the TOU Supplier as part of this settlement process. In addition, all other applicable charges from PJM, including any billing adjustments, will be appropriately allocated to the TOU Supplier. In the event Excess Generation exceeds consumption, resulting in a net negative load submission for any given hour, the values reported during the PJM Settlement A backcast to PJM, per the PJM rules set forth in their tariff and supplemental Manuals, will be zero. Negative values are not accepted by PJM during the Settlement A backcast term under current PJM rules. During the PJM Settlement B reconciliation for any month where Net Excess Generation occurred, the Net Excess Generation value will be submitted to PJM, adjusting the requisite submission value for the settlement month and for each hour within that month with a net negative value.. In no event will the Company be responsible to pay for any components of TOU Supply for On-Peak Hours or Off-Peak Hours, as applicable, in the event of Net Excess Generation occurring in a Billing Month.
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