Common use of Retail Credits Clause in Contracts

Retail Credits. The Customer shall receive a monthly credit on its retail power bill in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; and

Appears in 4 contracts

Samples: Commercial and Industrial Renewable Energy Program Purchase Agreement, Purchase Agreement, Purchase Agreement

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Retail Credits. The Customer shall receive a monthly credit on its retail power bill in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; andand (b) variable environmental surcharge equ monthly; or (2) the PJM Localized Marginal C required to convert any credit accruing hereun be carried forward to offset a later billed amou

Appears in 2 contracts

Samples: Renewable Energy Purchase Agreement, Renewable Energy Purchase Agreement

Retail Credits. The Customer shall receive a monthly credit on its retail power bill xxxx in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; andand (b) variable environmental surcharge equal to the demand energydelivered renewable energy monthly; or (2) the PJM Localized Marginal Cost. At no time shall Cooperative be required to convert any credit accruing hereunder to cash. Any excess credit(s) can be carried forward to offset a later billed amount.

Appears in 1 contract

Samples: Commercial and Industrial Renewable Energy Program Purchase Agreement

Retail Credits. The Customer shall receive a monthly credit on its retail power bill in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; andand (b) variable environmental surcharge equal to the demand energy; or (2) the PJM Localized Marginal Cost. At no time shall Cooperative be required to convert any credit accruing hereunder to cash. Any excess credit(s) can be carried forward to offset a later billed amount.

Appears in 1 contract

Samples: Renewable Energy Purchase Agreement

Retail Credits. The Customer shall receive a monthly credit on its retail power bill xxxx in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; andand (b) variable environmental surcharge equal to the demand energy; or (2) the PJM Localized Marginal Cost. At no time shall Cooperative be required to convert any credit accruing hereunder to cash. Any excess credit(s) can be carried forward to offset a later billed amount.

Appears in 1 contract

Samples: Renewable Energy Purchase Agreement

Retail Credits. The Customer shall receive a monthly credit on its retail power bill xxxx in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; and

Appears in 1 contract

Samples: Commercial and Industrial Renewable Energy Program Purchase Agreement

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Retail Credits. The Customer shall receive a monthly credit on its retail power bill T in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; and

Appears in 1 contract

Samples: Commercial and Industrial Renewable Energy Program Purchase Agreement

Retail Credits. The Customer shall receive a monthly credit on its retail power bill in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity credits; andand or all PreUnBeLwICableKeEnNeTrgUyCKdeYlivered to SERVICE COMMISSION retired on beLhinadlfa oCCf. BthreidwCeulsltomer, , and volumetEErxicecfuetievse,Daisrecptaorrt of theene the d al

Appears in 1 contract

Samples: Purchase Agreement

Retail Credits. The Customer Retail Member shall receive a monthly credit on its retail power bill in an amount equal to the lesser of: (1) the avoided cost of: (a) base fuel and fuel adjustment clause per MWh of renewable energy delivered and capacity xxxx ing hereunder to cas er billed amount. credits; andand (b) variable environmental surcha energy monthly; or (2) the PJM Localized Cooperative be required to convert any credi excess credit(s) can be carried forward to offs

Appears in 1 contract

Samples: Renewable Energy Purchase Agreement

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