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 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

• Bill Credit Recipients will receive an allocation of generated kWh each month for purposes of determining monthly Bill Credits applicable to each Bill Credit Recipient account.

• Shared Solar Facilities will receive Performance-Based Incentive Payments as a combination of cash payments and Bill Credits.

• Except for Shared Solar Facilities, Applicants may choose to receive Performance-Based Incentive Payments in the form of either cash or a combination of cash and Bill Credits.

• In addition, all Bill Credit Recipient(s) must remain in good standing with regard to the electric service account(s) receiving Bill Credits pursuant to this tariff, or the Company may withhold Bill Credits until such an account is again in good standing.

• The Performance-Based Incentive Payment less the sum of the Bill Credits for all Bill Credit Recipients will be paid in the form a check (or another agreed-upon means) to the recipient as identified on the Application.

More Definitions of Bill Credits

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 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.

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 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 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.