Common use of THE ENERGY SETTLEMENT/RECONCILIATION PROCESS Clause in Contracts

THE ENERGY SETTLEMENT/RECONCILIATION PROCESS. 8.1 Energy Settlement By PJM The settlement process occurs at PJM to reflect the DS Supplier’s actual Energy obligations in a supply/usage reconciliation process. The Energy obligations for each DS Supplier will be determined based on the DS Supplier Responsibility Share of the DS Load. The reconciled total DS Energy obligation will be based on the final total Energy loads for the Customers receiving DS service, including deration adjustments for marginal losses. Any adjustments for billing and metering errors reported subsequent to the calculation of FMEA will be proportionally allocated by the Company to the DS Suppliers based on the respective DS Supplier Responsibility Share.

Appears in 13 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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THE ENERGY SETTLEMENT/RECONCILIATION PROCESS. 8.1 Energy Settlement By PJM The settlement process occurs at PJM to reflect the DS Supplier’s actual Energy obligations in a supply/usage reconciliation process. The Energy obligations for each DS Supplier will be determined based on the DS Supplier Responsibility Share of the DS Load. The reconciled total DS Energy obligation will be based on the final total Energy loads for the Customers receiving DS service, including deration duration adjustments for marginal losses. Any adjustments for billing and metering errors reported subsequent to the calculation of FMEA will be proportionally allocated by the Company to the DS Suppliers based on the respective DS Supplier Responsibility Share.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

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THE ENERGY SETTLEMENT/RECONCILIATION PROCESS. 8.1 Energy Settlement By by PJM The settlement process occurs at PJM to reflect the DS Supplier’s actual Energy obligations in a supply/usage reconciliation process. The Energy obligations for each DS Supplier will be determined based on the DS Supplier Responsibility Share of the DS Load. The reconciled total DS Energy obligation will be based on the final total Energy loads for the Customers receiving DS service, including deration de-ration adjustments for marginal losses. Any adjustments for billing and metering errors reported subsequent to the calculation of FMEA will be proportionally allocated by the Company to the DS Suppliers based on the respective DS Supplier Responsibility Share.

Appears in 1 contract

Samples: Default Supplier Master Agreement

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