Common use of Retail Load Adjustments Clause in Contracts

Retail Load Adjustments. Seller acknowledges that the Monthly Settlement Amount for any Delivery Period is preliminary and subject to adjustment through Buyer’s retail load settlement process in accordance with Buyer’s Electric Generation Supplier Coordination Tariff or for subsequent meter corrections reported to PJM. Buyer shall include an additional charge or credit (as the case may be) to Seller for each Delivery Period for any such adjustment on the Invoice issued sixty (60) days after such Delivery Period. Seller further acknowledges that PECO's load is settled at PE Zone (as defined by PJM) and that PECO shall have the right to use the residual zone price for settlement as such price may be defined and calculated by PJM.

Appears in 2 contracts

Samples: Supply Master Agreement, Supply Master Agreement

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Retail Load Adjustments. Seller acknowledges that the Monthly Settlement Amount or Monthly Spot Energy Settlement Amount for any Delivery Period is preliminary and subject to adjustment through Buyer’s retail load settlement process in accordance with Buyer’s Electric Generation Supplier Coordination Tariff or for subsequent meter corrections reported to PJM. Buyer shall include an additional charge or credit (as the case may be) to Seller for each Delivery Period for any such adjustment on the Invoice issued sixty (60) days after such Delivery Period. Seller further acknowledges that PECO's load is settled at PE Zone (as defined by PJM) and that PECO shall have the right to use the residual zone price for settlement as such price may be defined and calculated by PJM.

Appears in 2 contracts

Samples: Supply Master Agreement, Supply Master Agreement

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