Payment for Excess DG Energy. If Participant elects to sell Excess DG Energy to Supplier pursuant to Section 19, a Statement by Supplier covering payment for Excess DG Energy shall be rendered to Participant along with a check for the amount due if the Participant’s accumulated credit exceeds $25.00. Regardless of the Excess DG Energy credit amount accumulated by December 31st, Supplier shall pay the amount due Participant by the twentieth (20th) day of February in the subsequent year.
Appears in 4 contracts
Samples: Interconnection and Parallel Operation Agreement, Interconnection and Parallel Operation Agreement, Interconnection and Parallel Operation Agreement
Payment for Excess DG Energy. If Participant elects to sell Excess DG Energy to Supplier pursuant to Section 1918, a Statement by Supplier covering payment for Excess DG Energy shall be rendered to Participant along with a check for the amount due if the Participant’s accumulated credit exceeds $25.00. Regardless of the Excess DG Energy credit amount accumulated by December 31st, Supplier shall pay the amount due Participant by the twentieth (20th) day of February in the subsequent year.
Appears in 2 contracts
Samples: Residential – Rental Operation and Interconnection Agreement, Magnolia Electric Power
