Energy Value and Billing Sample Clauses

Energy Value and Billing. Section 386.890 RSMo. Supp. 2015, sets forth the method and manner of valuation and billing of electric energy provided by Cooperative to Member-Generator and by Member-Generator to Cooperative. The value of that amount of electric energy delivered by Cooperative and consumed by Member-Generator in excess of the amount of electric energy generated by the Member-Generator’s System shall be billed in accordance with the Cooperative’s rate schedule applicable to members in the same rate class as the Member- Generator. The value of that amount of electric energy delivered by Member-Generator to Cooperative’s system in excess of the amount of electric energy delivered to the Member-Generator by the Cooperative shall be determined by multiplying the number of excess kWh delivered by Member-Generator to Cooperative by the average monthly avoided fuel cost of Associated Electric Cooperative, Inc. (AECI) during the billing period. The Member- Generator shall receive credits equal to the value of the electric energy delivered to Cooperative. Credits will be applied to the next billing period following issuance of the credits. The credits shall expire without any compensation at the earlier of either twelve months after their issuance or when the Member-Generator disconnects service or terminates the net metering relationship with Cooperative. Member-Generator agrees that credits will be applied to the billing statement for the meter location to which the Member-Generator system is connected.
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Energy Value and Billing. Section 386.890 RSMo. Supp. 2015, sets forth the method and manner of valuation and billing of electric energy provided by Cooperative to Member-Generator and by Member-Generator to Cooperative. If the value of that amount of electric energy delivered by Cooperative and consumed by Member-Generator exceeds the amount of electric energy generated by the Member-Generator’s System shall be billed for the net electricity in accordance with the Cooperative’s rate schedule applicable to members in the same rate class as the Member-Generator. If the amount of electric energy delivered by Member-Generator to Cooperative’s system exceeds the amount of electric energy delivered to the Member-Generator by the Cooperative then a value shall be determined by multiplying the number of excess kWh delivered by Member-Generator to Cooperative by the average monthly avoided fuel cost of Associated Electric Cooperative, Inc. (AECI) during the billing period. The Member-Generator shall receive credits equal to the value of the electric energy delivered to Cooperative. Credits will be applied to a billing period following issuance of the credits. The credits shall expire without any compensation at the earlier of either twelve months after their issuance or when the Member-Generator disconnects service or terminates the net metering relationship with Cooperative. Member-Generator agrees that credits will be applied to the billing statement for the meter location to which the Member-Generator system is connected.
Sample 1Sample 2
Energy Value and Billing. Section 386.890 RSMo. Supp. 2007, sets forth the method and manner of valuation and billing of electric energy provided by Cooperative to Member-Generator and by Member-Generator to Cooperative. The value of that amount of electric energy delivered by Cooperative and consumed by Member-Generator in excess of the amount of electric energy generated by the Member-Generator’s System shall be billed in accordance with the Cooperative’s rate schedule applicable to members in the same rate class as the Member- Generator. The value of that amount of electric energy delivered by Member-Generator to Cooperative’s system in excess of the amount of electric energy consumed by the Member-Generator shall be determined by multiplying the number of excess kWh delivered by Member-Generator to Cooperative by the average monthly avoided fuel cost of Associated Electric Cooperative, Inc. (AECI) during the billing period. The Member-Generator shall receive credits equal to the value of the electric energy delivered to Cooperative. Credits will be applied to the next billing period following issuance of the credits. The credits shall expire without any compensation at the earlier of either twelve months after their issuance or when the Member-Generator disconnects service or terminates the net metering relationship with Cooperative. Credits may, at the option of Cooperative, be provided to the Member-Generator by the Cooperative’s wholesale provider of electric energy Northeast Missouri Electric Power Cooperative and/or Associated Electric Cooperative Inc., the wholesale generator supplying electric energy to Northeast Missouri Electric Power Cooperative.
Sample 1

Related to Energy Value and Billing

  • Contractor Sales Reporting Vendor Management Fee Contractor Reports Cooperative Master Contract Sales Reporting. Contractor shall report total Cooperative Master Contract sales quarterly to Enterprise Services, as set forth below. Cooperative Master Contract Sales Reporting System. Contractor shall report quarterly Cooperative Master Contract sales in Enterprise Services’ Cooperative Master Contract Sales Reporting System. Enterprise Services will provide Contractor with a login password and a vendor number. The password and vendor number will be provided to the Sales Reporting Representative(s) listed on Contractor’s Bidder Profile. Data. Each sales report must identify every authorized Purchaser by name as it is known to Enterprise Services and its total combined sales amount invoiced during the reporting period (i.e., sales of an entire agency or political subdivision, not its individual subsections). The “Miscellaneous” option may be used only with prior approval by Enterprise Services. Upon request, Contractor shall provide contact information for all authorized Purchasers specified herein during the term of the Cooperative Master Contract. If there are no Cooperative Master Contract sales during the reporting period, Contractor must report zero sales. Due dates for Cooperative Master Contract Sales Reporting. Quarterly Cooperative Master Contract Sales Reports must be submitted electronically by the following deadlines for all Cooperative Master Contract sales invoiced during the applicable calendar quarter: Quarter For Sales Made In Calendar Quarter Ending Cooperative Master Contract Sales Report Due By Past Due 1 January 1 – March 31 April 30 May 1 2 April 1 – June 30 July 31 August 1 3 July 1 – September 30 October 31 November 1 4 October 1 – December 31 January 31 February 1 Vendor Management Fee. Contractor shall pay to Enterprise Services a vendor management fee (“VMF”) of 1.5 percent on the purchase price for all Cooperative Master Contract sales (the purchase price is the total invoice price less applicable sales tax). The sum owed by Contractor to Enterprise Services as a result of the VMF is calculated as follows: Amount owed to Enterprise Services = Total Cooperative Master Contract sales invoiced (not including sales tax) x .015. The VMF must be rolled into Contractor’s current pricing. The VMF must not be shown as a separate line item on any invoice unless specifically requested and approved by Enterprise Services. Enterprise Services will invoice Contractor quarterly based on Cooperative Master Contract sales reported by Contractor. Contractor is not to remit payment until Contractor receives an invoice from Enterprise Services. Contractor’s VMF payment to Enterprise Services must reference this Cooperative Master Contract number, the year and quarter for which the VMF is being remitted, and Contractor’s name as set forth in this Cooperative Master Contract, if not already included on the face of the check. Contractor’s failure to report accurate total net Cooperative Master Contract sales, to submit a timely Cooperative Master Contract sales report, or to remit timely payment of the VMF to Enterprise Services, may be cause for Enterprise Services to suspend Contractor or terminate this Cooperative Master Contract or exercise remedies provided by law. Without limiting any other available remedies, the parties agree that Contractor’s failure to remit to Enterprise Services timely payment of the VMF shall obligate Contractor to pay to Enterprise Services, to offset the administrative and transaction costs incurred by the State to identify, process, and collect such sums, the sum of $200.00 or twenty-five percent (25%) of the outstanding amount, whichever is greater, or the maximum allowed by law, if less. Enterprise Services reserves the right, upon thirty (30) calendar days advance written notice, to increase, reduce, or eliminate the VMF for subsequent purchases, and reserves the right to renegotiate Cooperative Master Contract pricing with Contractor when any subsequent adjustment of the VMF might justify a change in pricing. Annual Cooperative Master Contract Sales Report. Contractor shall provide to Enterprise Services a detailed annual Cooperative Master Contract sales report. Such report shall include, at a minimum: the Goods/Services sold (including, as applicable, item number or other identifier), per unit quantities sold, items and volumes purchased by Purchaser, shipment/delivery locations by Purchaser, and Cooperative Master Contract price. This report must be provided in an electronic format that can be read by Microsoft (MS) Excel. Such report is due within thirty (30) calendar days of the annual anniversary of the effective date of this Cooperative Master Contract.

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