Common use of Monthly Settlement Load Clause in Contracts

Monthly Settlement Load. The amount of Monthly Settlement Load with respect to any calendar month during the Delivery Period shall be determined in terms of megawatt-hours (MWh) of Energy and, where applicable, megawatts (MW) of demand. (a) The MWh of Energy shall be equivalent to the amount of Energy reported as the Seller’s Specified Percentage obligation by Buyer to PJM, adjusted for losses to reflect retail meter load in accordance with Buyer’s initial and subsequent retail load settlement processes. (b) The MW of demand shall be equivalent to the Specified Percentage of the retail metered demand SOS Load customers consumed in an applicable calendar month in the Delivery Period as determined by Buyer’s billing and accounting practices.