Bill Credits definition
Bill Credits means the credits applied to offset the kWh charges on Subscriber’s Electric Utility bill. Bill Credits are calculated by finding the product of (i) the Percentage Allocation multiplied by (ii) the Excess Generation during a given Bill Period and (iii) the Subscription Rate (inclusive of any applicable supply and delivery charges) applicable to Subscriber.
Bill Credits means the dollar value credit earned for Your Solar Output according to the prevailing Community Solar Net Metering credit per Municipal Code.
Bill Credits has the meaning set forth in the Recitals.
Examples of Bill Credits in a sentence
The value of the Bill Credits shall be calculated under the Tariff, as amended from time to time, which calculations shall include the size of Subscriber’s Subscription, the Project’s monthly energy production, and the values set forth in the Tariff for Subscriber’s value of solar rate (“VOS”) and any renewable energy credits (“RECs”) or other energy attributes (“Attributes”) produced by the Project that are sold by Operator to the Utility.
Subscriber acknowledges that RECs associated with the Project will be sold by Operator to the Utility under the Solar*Rewards Contract, and the value of such RECs will be included in the Bill Credits paid to Subscriber by Utility.
Operator makes no representations concerning the taxable consequences to Subscriber with respect to Bill Credits or any other aspect of this Agreement.
More Definitions of Bill Credits
Bill Credits means the monetary credit placed on Subscriber’s bill from the Utility attributable to Subscriber’s interest in one or more Subscriptions pursuant to Net Metering Law and Net Metering Tariff.
Bill Credits means the monetary credits arising out of participation in the CDG Program that the Utility applies to Buyer’s Electric Utility Bill. The Bill Credits are calculated as the product of (i) the total energy generated by the System and delivered to the Utility, (ii) the Percentage Allocation, and (ii) the applicable rate set forth in the Utility’s Value Stack Tariff.
Bill Credits means the amount required to be credited by the Utility in accordance with the Program in respect of the Customer Portion (as defined in the Energy Agency Agreement) relating to the Panels based upon the Facility Revenue (as defined in the Program) of the Solar Array Facility, net of any Recurring O&M Fee permitted to be deducted therefrom as provided in the Co-Location Agreement. Bill Credits accruing during the Term of this Lease have been acquired by the City in accordance with the terms hereof.
Bill Credits means the monetary credits applied to the Subscriber’s Electric Utility bill. Bill Credits are calculated by taking the percent allocation of the total kWh generation of the Garden on a per month basis for the Service Classification applicable to Subscriber;
Bill Credits means the Solar Rewards Community Service Credit (as defined under the Community Solar Garden Regulations) that is the monthly amount paid by the Utility to the Customer as a credit on the Customer’s retail electric service bill to compensate the Customer for its beneficial share of photovoltaic energy produced by the Facility and delivered to the Utility as calculated pursuant to Section 3.3 which are based upon the Customer’s Solar Output pursuant to the terms of this Agreement. The value of the Bill Credit will appear as a line-item credit, and offset charges, on Customer’s Utility bill.
Bill Credits means SFPUC credits on Customer’s bills for SFPUC electricity service equal to the payments made by Customer to PG&E for Nonbypassable Charges. Bill Credits are limited to the Nonbypassable Charges applicable to Customer and not otherwise exempted pursuant to PG&E’s electric tariff E-TMDL, and do not include any other charges imposed by PG&E, such as late fees or interest charges. Bill Credits also exclude any amounts disputed by Customer or SFPUC pursuant to E-TMDL.
Bill Credits means the dollar amount credited by the Company to each Participant on the Participant's retail electric service bill, which represents the payment from Participant’s participation in other distributed generation serving the premises of the Participant and other customer energy programs, if applicable.