Common use of Project set up for RPO Compliance Clause in Contracts

Project set up for RPO Compliance. (Option 3): The energy set-off shall be allowed on 15 minutes time block basis. That means, the injected solar energy in the grid during a 15 minute time block shall be set off against the consumption of the consumer during the same 15 minute time block. In case of net import of energy by the consumer from grid on 15 minute time block basis, shall be billed as per applicable tariff to respective category of consumers as approved by the Commission from time to time. The energy generated by Solar PV System shall be set off against units consumed (not against load/demand) and consumer shall pay demand charges, other charges, penalty etc. as applicable to the respective category of consumers. In case of net export of solar energy by consumer in the grid on 15 minute time block basis, it shall be considered as surplus injection by consumer and same shall be compensated by DISCOM as per the rate mentioned in this agreement.

Appears in 6 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!