Common use of Meter Correction Billing Clause in Contracts

Meter Correction Billing. Metering errors and corrections will be reconciled at the end of each month by a meter correction charge or credit. The monthly meter correction charge or credit shall be determined by the product of the positive or negative deviation in energy amounts, times the weighted average Locational Marginal Price for the affected Market Buyer.

Appears in 3 contracts

Samples: Operating Agreement (Peco Energy Co), Operating Agreement (Pp&l Resources Inc), Operating Agreement (Pp&l Inc)

AutoNDA by SimpleDocs

Meter Correction Billing. Metering errors and corrections will be reconciled at the end of each month by a meter correction charge or credit. The monthly meter correction charge or credit shall be determined by the product of the positive or negative deviation in energy amounts, times the weighted average Locational Marginal Price for all load busses in the affected Market BuyerPJM Control Area.

Appears in 3 contracts

Samples: Operating Agreement (PPL Electric Utilities Corp), Operating Agreement (Pp&l Resources Inc), Operating Agreement (PPL Corp)

AutoNDA by SimpleDocs

Meter Correction Billing. Metering errors and corrections will be reconciled at the end of each month by a meter correction charge or credit. The monthly meter correction charge or credit shall be determined by the product of the positive or negative deviation in energy amounts, times the weighted average Locational Marginal Price for all load busses in the affected Market Buyer.PJM Control Area. Revised: March 17, 1998 Effective: April 1, 1998

Appears in 1 contract

Samples: Additional Member Agreement (PPL Electric Utilities Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.