Net Energy Metering Sample Clauses

Net Energy Metering. 7.1 The Parties acknowledge that the pricing assumes Net Energy Metering (NEM) 2.0 for the Initial Term. If (i) Provider fails to submit interconnection applications by 4/14/2023, or (ii) prior to the Commercial Operation Date, (A) Provider fails to keep such interconnection applications in good standing such that the System would not be eligible for NEM 2.0, or (B) the CPUC issues a decision such that the System would not be eligible for NEM 2.0 grandfathering for at least twenty (20) years, Purchaser may terminate this Agreement with no liability whatsoever, including, but not limited to the Early Termination Fee. The foregoing shall not apply to the extent Provider’s failure is caused by an act or omission by Purchaser in connection with Provider’s submittal of interconnection applications. Provided, however, that in the event of a change in Applicable Law that occurs after the Commercial Operation Date and results in a loss of NEM 2.0 grandfathering, Purchaser shall have no such termination right. Provided further that Purchaser shall ensure any correspondence with the Local Electric Utility regarding the tariff and changes to the interconnection agreement are promptly shared with Provider.
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Net Energy Metering. All parties agree there should be no system-wide caps on net energy metering. Instead, all distributed generation (DG) interconnections should be limited on a per-circuit basis to no more than 15% of peak circuit demand. New DG requests shall be processed and interconnected on a first-come, first-served basis unless the Commission specifies some other method. NEM currently provides an interim method to encourage the installation of renewable energy generated from customer-sited systems by paying a credit at full retail value for excess electricity exported to the grid. All parties agree that NEM will be replaced with an appropriate feed-in tariff when Advanced Metering Infrastructure and time-of-use rates (see below) are available.
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Net Energy Metering. 5.1. To measure the net solar energy fed-in to the Grid by the SPG, a net energy meter with the standards and specifications as provided in the Applicable Rules and Regulations shall be installed by the SPG.
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Net Energy Metering. The Parties will work cooperatively and in good faith to meet all Net Energy Metering requirements under Applicable Law and Local Electric Utility tariffs, including applicable interconnection and metering requirements. The Parties will participate together in the Provisional VNM Program unless and until the Parties qualify to participate in the non-provisional VNM program (the “Standard VNM Program”). The Parties agree that (a) Provider shall transmit such Net Metered Production into the Local Electric Utility system on behalf of and for the account of Purchaser, and (b) Purchaser (or its designee) shall be entitled to any and all Provisional Virtual Net Metering Credits or Virtual Net Metering Credits issued by the Local Electric Utility resulting from such transmission. Provided that the Parties are unable to participate together in Standard VNM Program, Purchaser authorizes Provider to annually confirm the Parties’ participation in the Provisional VNM Program to the extent available to the Parties. Both parties agree that there is no guarantee that (i) the Parties may ever participate in the Standard VNM Program, or
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Net Energy Metering. CNE shall provide Net Energy Metering to any Account(s) with the necessary metering installed to measure both (a) electricity flowing from the grid to the Account(s) and (b) electrical energy flowing from the Account(s) to the grid. Where Accounts have Net Energy Metering, CNE will use the Net Energy Metered Amount in any billing period to calculate its invoice to the Customer. If UDC metering is not in place to allow the calculation of Net Energy Metering, then CNE shall have no obligation to perform such calculation. If the Net Energy Metered Amount is negative for any billing period (i.e., more kWhs are transmitted from the Account(s) to the grid than are transmitted from the grid to the Account(s)), CNE will apply the Net Energy Metered Amount to the calculation of the next invoice. Notwithstanding, amounts existing at the end of the term set forth in this Pricing Schedule shall not survive past the term and under no circumstances will CNE be obligated to apply a credit or pay Customer for any such amounts; provided however that if the Customer has a subsequent agreement with CNE that ensures continuous, uninterrupted supply to the Customer by CNE, in which case any such negative Net Energy Metered Amounts will be applied to the calculation of the next invoice. “Net Energy Metering” means the measurement and calculation of the Net Energy Metered Amount, provided that for billing purposes, such measurement and calculation shall depend on the specific metering configuration in place by the UDC. “Net Energy Metered Amount” means, for a given billing period, the sum of (a) and (b), where (a) equals the number of kWhs taken from the grid by Account(s), which amount is taken to be a positive value; and (b) equals the number of kWhs transmitted to the grid from Account(s), which amount is taken to be a negative value, and which kWh production is produced by a Customer’s solar or wind turbine electrical generating facility or a solar-wind hybrid on its premises (“Self-Generation”) which is interconnected and operated in parallel with the UDC’s transmission and distribution system. Each Party has caused this Transaction Confirmation to be executed by its authorized representative on the respective dates written below. Constellation NewEnergy, Inc. Signature: Printed Name: Title: Address: 0000 Xxxxxxxxx Xx. Xxxxxxxxxxxxx Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Contracts Administration Fax: 000-000-0000 Phone: 000-000-0000 Customer: Irvine Valley College Signature: Pr...
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Net Energy Metering. The Parties acknowledge that the pricing contained in this Agreement is as defined in the accompanying SLA, Exhibit C, interconnection application status. 23
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Net Energy Metering. The Parties acknowledge that the pricing contained in this Agreement is as defined in the accompanying SLA, Exhibit C, interconnection application status. Contractor Responsibilities. Contractor shall submit an interconnection application at eligible Site(s) if such application has not previously been submitted. If there is an active interconnection application, Contractor shall maintain the application in good standing, comply with all requirements of the application process, obtain an Interconnection Agreement, and provide a design and construction schedule for System to obtain permission to operate (“PTO”) from the Utility prior to the 3-year deadline required to achieve NEM 2.0 interconnection where applicable. If Contractor fails to keep such interconnection application in good standing or fails to meet the 3-year PTO deadline such that the System will not be eligible for NEM 2.0, such failure will be an event of default and Judicial Council may terminate this Agreement consistent with the provisions of section 11 herein, or Judicial Council may meet and confer with Contractor to amend this SPPA to adjust the Fixed Price. Such termination rights shall not apply to the extent Contractor’s failure is caused by an act or omission by Judicial Council in connection with Contractor’s submittal of interconnection applications. Notwithstanding the foregoing, in the event of a change in Applicable Law that occurs after the Commercial Operation Date and results in a loss of NEM 2.0 grandfathering, Judicial Council shall have no such termination right. Judicial Council Responsibilities. Judicial Council shall transfer any pending interconnection applications to Contractor and shall ensure any correspondence with the Utility regarding the tariff and changes to the interconnection agreement are promptly shared with Contractor.
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Net Energy Metering. The Parties acknowledge that the System shall be designed, constructed, and operated to provide net metering capability and all xxxxxxxx under this SPPA shall be in compliance with the Net Energy Metering tariff applicable to Host in existence as of the Effective Date of this SPPA (See CPUC Resolutions, Resolution E-4753 (PG&E), Resolution E-4725 (SCE), as well as SCE Advice Letter 3093-E-A and Advice Letter 3221-E, and PG&E Advice Letter 4617-E). Any benefits received from a Net Energy Metering tariff accrue solely to Host and CONTRACTOR shall assist HOST in tracking the amount and value of banked Electricity under such tariff and shall prepare invoices in accordance with the Net Energy Metering tariff. Payment for Electricity that is generated by the System under a Net Energy Metering tariff and that is exported to the Utility’s electrical grid at the Electrical Interconnection Point shall be at the Fixed Price/kWh. In no event shall HOST pay for electricity that is not delivered to HOST‌ as measured by the Meter at the Electrical Interconnection Point, nor shall HOST purchase in any Contract Year an amount of Electricity from CONTRACTOR in excess of the EEP for such year except to the extent that HOST can reasonably determine that they can obtain the benefit of any excess purchases under the Net Energy Metering tariff.
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Net Energy Metering. Service provided under this Contract is billed under the Customer’s normally applicable District of Columbia Schedules "R", “AE”, "RTM", “GS ND”, "GS LV", “
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Related to Net Energy Metering

  • Net Metering If you generate electricity from a renewable generating facility to offset your electricity consumption and/or use net metering at any time during the term of this Agreement, you must notify Starion.

  • One-Way Interconnection Trunks 2.3.1 Where the Parties use One-Way Interconnection Trunks for the delivery of traffic from iNetworks to Verizon, iNetworks, at iNetworks’ own expense, shall:

  • Electric Storage Resources Developer interconnecting an electric storage resource shall establish an operating range in Appendix C of its LGIA that specifies a minimum state of charge and a maximum state of charge between which the electric storage resource will be required to provide primary frequency response consistent with the conditions set forth in Articles 9.5.5, 9.5.5.1, 9.5.5.2, and 9.5.5.3 of this Agreement. Appendix C shall specify whether the operating range is static or dynamic, and shall consider (1) the expected magnitude of frequency deviations in the interconnection; (2) the expected duration that system frequency will remain outside of the deadband parameter in the interconnection; (3) the expected incidence of frequency deviations outside of the deadband parameter in the interconnection; (4) the physical capabilities of the electric storage resource; (5) operational limitations of the electric storage resources due to manufacturer specification; and (6) any other relevant factors agreed to by the NYISO, Connecting Transmission Owner, and Developer. If the operating range is dynamic, then Appendix C must establish how frequently the operating range will be reevaluated and the factors that may be considered during its reevaluation. Developer’s electric storage resource is required to provide timely and sustained primary frequency response consistent with Article 9.5.5.2 of this Agreement when it is online and dispatched to inject electricity to the New York State Transmission System and/or receive electricity from the New York State Transmission System. This excludes circumstances when the electric storage resource is not dispatched to inject electricity to the New York State Transmission System and/or dispatched to receive electricity from the New York State Transmission System. If Developer’s electric storage resource is charging at the time of a frequency deviation outside of its deadband parameter, it is to increase (for over-frequency deviations) or decrease (for under-frequency deviations) the rate at which it is charging in accordance with its droop parameter. Developer’s electric storage resource is not required to change from charging to discharging, or vice versa, unless the response necessitated by the droop and deadband settings requires it to do so and it is technically capable of making such a transition.

  • Network Resource Interconnection Service (check if selected)

  • Interconnection 2.1.10 Startup Testing and Commissioning

  • Metering The Interconnection Customer shall be responsible for the Connecting Transmission Owner’s reasonable and necessary cost for the purchase, installation, operation, maintenance, testing, repair, and replacement of metering and data acquisition equipment specified in Attachments 2 and 3 of this Agreement. The Interconnection Customer’s metering (and data acquisition, as required) equipment shall conform to applicable industry rules and Operating Requirements.

  • Interconnection Customer Provided Services The services provided by Interconnection Customer under this LGIA are set forth in Article 9.6 and Article 13.5.1. Interconnection Customer shall be paid for such services in accordance with Article 11.6.

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