Billing Period Credit definition

Billing Period Credit means the quantity of electricity generated and fed back into the electric grid by the customer's renewable fuel generator in excess of the electricity supplied to the customer over the billing period.

Billing Period Credit means, for a nontime-of-use agricultural net metering customer or a nontime-of-use net metering customer, the quantity of electricity generated and fed back into the electric grid by the agricultural net metering customer's agricultural renewable fuel generator or generators or by the net metering customer's renewable fuel generator or generators in excess of the electricity supplied to the customer over the billing period. For time-of-use agricultural net metering customers or time-of-use net metering customers, billing period credits are determined separately for each time-of-use tier.

Billing Period Credit means, for a non time-of-use net metering customer, the quantity of electricity generated and fed back into the electric grid by the customer's Generator or Generators in excess of the electricity supplied to the customer over the billing period. For time-of-use net metering customers, billing period credits are determined separately for each time-of-use tier.

Examples of Billing Period Credit in a sentence

• Customer shall receive a Billing Period Credit in any Billing Period in which the quantity of electricity generated and fed back into the electric grid by Customer’s RFG exceeds the electricity supplied to Customer for the Billing Period.

• Customer must pay only the nonusage sensitive charges for any Billing Period in which a Billing Period Credit exists.

• For any Billing Period in which generation exceeds consumption, producing a Billing Period Credit, the monthly charge shall be based only on the fixed charges of Customer’s standard tariff.

• The older the respondent, the more definite their plans to stay in Estonia.

More Definitions of Billing Period Credit

Billing Period Credit means the quantity of electricity, measured in kilowatt hours (kWhs), generated and fed back into the electric grid by a Customer-owned Renewable Fuel Generator in excess of the electricity supplied to Customer over the Billing Period. For time-of-use net metering customers, Billing Period Credits are determined separately for each time-of-use tier.

Billing Period Credit means the quantity of electricity generated and fed back into the electric grid by Customer-owned RFG in excess of the electricity supplied to Customer by Cooperative over the Billing Period. For time-of-use net metering Customers, billing period credits are determined separately for each time-of-use tier.