Common use of Net Metering Clause in Contracts

Net Metering. If one or more of your accounts have behind the meter generation and the volume of electricity which you generate for a given billing period is greater than the volume of electricity which you consume for such account during such billing period, you will receive a credit for such excess generation at a price which is equal to the Energy Charge portion of the Generation Service Rider for the Utility’s Electric Service Tariff in which the service address for such account is located, as published on the Utility’s website. We will calculate the amount of any such credit, if one is due, quarterly, and will pay any such credit by issuing a refund check within fourteen (14) business days after the date on which we calculate the amount of such credit.