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)
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)
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)