Common use of Purchases of Energy and RECs Clause in Contracts

Purchases of Energy and RECs. Beginning on the In-Service Date, provided that the Customer has satisfied all Section 4 prerequisites, the EDC shall purchase the Delivered Energy, inclusive of RECs, from a NRES Project at the Purchase Price as indicated on the Cover Sheet and approved by PURA. EDC’s obligation to purchase the Delivered output from the Project is contingent upon the Customer’s compliance with the terms of the Program. Upon Delivery, ownership of RECs, energy, and all other Energy and Environmental Attributes shall transfer to the EDC.

Purchases of Energy and RECs. Beginning on the In-Service Date, provided that the Customer has satisfied all Section 4 prerequisites, the EDC shall purchase the Delivered Energy, inclusive of RECs, from a NRES Project at the Purchase Price as indicated on the Cover Sheet and approved by PURA. EDC’s obligation to purchase the Delivered output from the Project is contingent upon the Customer’s compliance with the terms of the Program. Upon Delivery, ownership of RECs, energy, and all other Energy and Environmental Attributes shall transfer to the EDC.. For Reference

Purchases of Energy and RECs. Beginning on the In-Service Date, provided that the Customer has satisfied all Section 4 prerequisites, the EDC shall purchase the Delivered Energy, inclusive of RECs, from a NRES Project at the Purchase Price as indicated on the Cover Sheet and approved by PURA. EDC’s obligation to purchase the Delivered output from the Project is contingent upon the Customer’s compliance with the terms of the Program. Upon Delivery, ownership of RECs, energy, and all other Energy and Environmental Attributes shall transfer to the EDC.. ONLY