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 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.
Examples of Bill Credits in a sentence
Seller is responsible for submitting Allocation Requests to the Utility from time to time as needed to allocate Bill Credits associated with the output of the System.
If Bill Credits allocated to Buyer cannot be fully applied in a Bill Period under CDG Program requirements, the excess Bill Credits will be applied to Buyer’s subsequent utility bills until fully applied.
Buyer shall irrevocably accept and assume the allocation and assignment of Bill Credits as reflected in the Allocation Requests consistent with the terms of this Agreement.
This Agreement does not guarantee savings or a minimum level of system performance or production of energy or allocation of Bill Credits.
The delivery of Bill Credits is expressly subject to, and contingent on, the availability of the System, the generation of electricity by the System, and the allocation of Bill Credits by the Utility.
More Definitions of Bill Credits
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.
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 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 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 monetary credits applied to the Subscriber’s Electric Utility account. Bill Credits are calculated by taking the percent allocation of the total kWh generation of the Project multiplied by the VDER Credit Rate on a per month basis for the Service Classification applicable to Subscriber.
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.