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 BGS-RSCP Supplier’s actual Energy obligations in a supply/usage reconciliation process. The Energy obligations for each BGS-RSCP Supplier will be determined based on the BGS-RSCP Supplier Responsibility Share of the BGS-RSCP Load. The reconciled total BGS-RSCP Energy obligation will be based on the final total Energy loads for the Customers receiving BGS- RSCP service, including losses. Any adjustments for billing and metering errors reported subsequent to the calculation of FMEA will be proportionally allocated by the Company to the BGS-RSCP Suppliers.

Appears in 9 contracts

Samples: Supplier Master Agreement, Supplier Master Agreement, Supplier Master Agreement

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