Customer Meters definition
Examples of Customer Meters in a sentence
For the twelve (12) month period beginning on the Service Commencement Date, System Owner estimates that the Output of the System that will be allocated to the Customer Meters will be 850,000 kWh (the “Estimated Year One Output”).
System Owner and Customer acknowledge that adjustments to the Allocation Instructions may become necessary or desirable from time to time on account of changes in rate schedules and electricity usage as between the Customer Meters.
No Party shall make any environmental claims regarding the System or the Output allocated to the Customer Meters without the permission of the REC Owner.
This Agreement creates an obligation by the Customer to pay System Owner for the Services, including the benefits of Net Metering Credits attributable to electricity generated by the System and allocated to the Customer Meters in accordance with the Allocation Instructions.
If requested by System Owner, Customer shall provide System Owner with copies of all Utility bills and invoices received by the Customer from the Utility with respect to the Customer Meters and the allocation of any net Metering Credits thereto.
On or before the Service Commencement Date, System Owner shall instruct the Utility to allocate credit for the Output of the System to the Customer Meters in accordance with the allocation instructions attached hereto as Exhibit “C” (the “Allocation Instructions”).
All Renewable Energy Credits generated or otherwise attributable to the Output allocated to the Customer Meters shall be the property of the Party selected below as the owner of the Renewable Energy Credits (the “REC Owner”): (check one only) _X Customer The REC Owner shall have the right to sell, transfer, grant, convey or assign such Renewable Energy Credits to any other person in the REC Owner’s sole discretion.
The Customer shall pay the System Owner a fee for the Services (the “Service Price”) equal to eighty- five percent (85%) of the Net Metering Credit Value attributable to Output from the System that is allocated to the Customer Meters.