EXPORTED ELECTRICITY Clause Samples
The 'EXPORTED ELECTRICITY' clause defines the terms and conditions under which electricity generated by a party is delivered to and accepted by the grid or another off-taker. It typically specifies how the quantity of exported electricity is measured, the point of delivery, and the responsibilities of each party regarding metering and reporting. This clause ensures that both parties have a clear understanding of how exported electricity is accounted for and compensated, thereby preventing disputes and facilitating smooth commercial transactions.
EXPORTED ELECTRICITY. 13.1 If you export any electricity from a Site to the national electricity market, unless the Export Electricity Annexure applies:
(a) we will not pay or credit you any amount in relation to that exported electricity;
(b) the amount of electricity sold to you and for which you must pay us or any other Charges under this Agreement will not be reduced by the amount of electricity exported; and
(c) to the extent permitted by law, you will reimburse us for any Liability we incur or suffer relating to any Regulatory Requirements or other requirements relating to your generation of electricity.