Community Solar Subscription definition

Community Solar Subscription. Mix” means, with respect to a Community Renewable Energy Generation Project, the percent of its Actual Nameplate Capacity that is Subscribed by Small Subscribers (through a “subscription” as defined in Section 1-10 of the IPA Act).

Community Solar Subscription or "subscription" means an agreement to participate in a community solar project, by which the subscriber receives a bill credit for a portion of the community solar capacity and/or energy produced by a community solar facility. A subscription may be measured as capacity in kW and/or energy in kWh, ownership of a panel or panels in a community solar facility, ownership of a share of a community solar project, or a fixed and/or variable monthly payment to the project operator.

Examples of Community Solar Subscription in a sentence

• Such Community Solar Quarterly Report shall indicate the percent of Actual Nameplate Capacity that has been Subscribed and the Community Solar Subscription Mix.

• If the Designated System regains a Community Solar Subscription Mix and Subscription percentage at or above their contracted amount in subsequent years, a drawdown under this Section 4.2(d) will not occur in those years; however, overperformance in a Delivery Year will not be banked or applied to past Delivery Years.

• If the Designated System regains a Community Solar Subscription mix and subscription percentage at or above their contracted amount in subsequent years, a drawdown will not occur in those years; however, overperformance in a Delivery Year will not be banked or applied to past Delivery Years.

• If a Designated System meets a Community Solar Subscription Mix requirement for a lower Price Adder than what was obtained following the last Community Solar Quarterly Report, the Designated System will be deemed to have obtained that lower Price Adder for the Delivery Year for the purposes of calculating the draw above.

• Community Solar Subscription Type (examples: kilowatt hours per year, kilowatt size,percentage of community solar facility’s nameplate capacity, percentage of subscriber’s historical usage, percentage of subscriber’s actual usage):A percentage savings on the customer's bill credit.

• Community Solar Subscription Price: (check all that apply)☐ Fixed price per month☐✔ Variable price per month, variation based on: _Value of bill credits allocated to account, less discount.☐ The subscription price has an escalator of % every (interval) 3.

• If a Designated System meets a Community Solar Subscription Mix requirement for a lower REC price adder than what was obtained following the Community Solar First Year Report, it will be deemed to have obtained that lower adder for the Delivery Year for the purposes of calculating the draw above.

• Such charge is outlined in the Community Solar Subscription Terms of Service and may be adjusted by the Board of Directors to appropriately reflect the costs associated with the community solar project.

• If the Designated System regains a Community Solar Subscription mixMix and subscriptionSubscription percentage at or above their contracted amount in subsequent years, a drawdown under this Section 4.2(d) will not occur in those years; however, overperformance in a Delivery Year will not be banked or applied to past Delivery Years.

• For avoidance of doubt, the Anchor Tenant Contract Price and the Non-Anchor Tenant Contract Price shall remain unchanged from the date of Energization unless the Non-Anchor Tenant Contract Price is changed due to changes in the Community Solar Subscription Mix related to the percent of the Actual Nameplate Capacity subscribed by Small Subscribers.