Common use of Solar Revenue Share Clause in Contracts

Solar Revenue Share. The County has adopted an ordinance pursuant to Va. Code § 58.1-2636 for the assessment of the maximum permissible revenue share per megawatt, as measured in alternating current (AC) generation capacity of the nameplate capacity of the facility based on submissions by the facility owner to the interconnecting utility, on any solar photovoltaic (electric energy) project. The Developer shall at all times be subject to assessment and shall pay to the County all assessments levied pursuant to, and in accordance with, the ordinance adopted pursuant to Va. Code § 58.1-2636, as that ordinance may from time to time be amended in accordance with applicable law.

Solar Revenue Share. The County has adopted an ordinance pursuant to Va. Code § 58.1-2636 for the assessment of the maximum permissible revenue share per megawatt, as measured in alternating current (AC) generation capacity of the nameplate capacity of the facility based on submissions by the facility owner to the interconnecting utility, on any solar photovoltaic (electric energy) project. The Developer shall at all times be subject to assessment and shall pay to the County all assessments levied pursuant to, and in accordance with, the ordinance adopted pursuant to Va. Code § 58.1-2636, as that ordinance may from time to time be amended in accordance with applicable lawamended.