Electricity Contract definition

Electricity Contract means any Procurement Contract for the acquisition of electric energy or capacity, transmission capacity or services, including related financial rights, or ancillary services.
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Electricity Contract means an agreement between the Client and Energy Retailer for the supply of electricity to the nominated Site(s).
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Electricity Contract means a contract for the sale of electricity, except for contracts concerning electricity derivatives;
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Examples of Electricity Contract in a sentence

  • This is achieved by the submission of the appropriate ECVNs by the appointed ECVNA and the subsequent debiting and crediting of Energy Accounts for each Settlement Period for the Delivery Day specified in the Electricity Contract.

  • Any failure or omission to do so, which subsequently causes or contributes to failure of the delivery of an Electricity Contract, will constitute a failure to deliver by the Clearing Member.

  • If this § 16.2 is specified as applying in Section B of Part I (Individual Terms), any amendments made to this Agreement in accordance with § 16.1 (Change in Law) shall not include any upward or downward adjustments to the Electricity Contract Price and/or the Certificate Contract Price.

  • Delivery of an Electricity Contract is effected by a transfer of Energy Contract Volume from a Seller or Transferor to the Clearing House, and by a transfer from the Clearing House to a Buyer or Transferee.

  • Electricity is delivered in Megawatt Hours at a rate of 1 Megawatt Hour per lot, for transfer during each Settlement Period for the Delivery Day as specified in the Electricity Contract.

  • The Seller shall Schedule, sell and deliver, or cause to be delivered, and subject to § 13.3 (Right to Refuse Electricity), the Buyer shall Schedule, purchase and accept, or cause to be accepted, the Contract Quantity of electricity at the Delivery Point; and the Buyer shall pay to the Seller the relevant Electricity Contract Price.

  • The price at which the Electricity Contract is delivered is the EDSP for the relevant Contract, two Business Days prior to the first Delivery Day.

  • The Delivery Period is identified by two (2) digits, according to the following coding: • for Monthly Contracts based on the following table as well as two digits representing the Year (00-99) For example, the Monthly Baseload Electricity Contract for June 2020 is symbolized by GREBM0620.

  • The Board received a report of the City Surveyor on the Power Purchase Agreement (PPA) for Offsite Renewable Electricity Contract Award Report.

  • If, as a result of any adjustment pursuant to § 6.8 (Meter Disputes and Adjustments), the quantity of Metered Output delivered to the Delivery Point for any period is increased, subject to § 6.11 (Right to Contest), the resulting amount shall be included in the subsequent invoice issued under § 22 (Invoicing and Payment) as the product of such amount and the Electricity Contract Price for the Relevant Delivery Time to the Buyer's payment obligations for that month.


More Definitions of Electricity Contract

Electricity Contract means an IPCE Futures UK Base Electricity fFutures Contract: Baseload Contract (“Base”) and/or an IPCE Futures UK Peak Electricity fFutures Contract: Peakload Contract (“Peak”) (as appropriate) made pursuant to these Contract Rules;
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Electricity Contract means an ICE Futures UK Base Electricity Futures Contract (EFA)/ICE Futures UK Base Electricity Futures Contract (Gregorian) (“Base”) and/or an ICE Futures UK Peak Electricity Futures Contract (EFA)/ICE Futures UK Peak Electricity Futures Contract (Gregorian) (“Peak”): (as appropriate) made pursuant to these Contract Rules;
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Related to Electricity Contract

  • Electricity supplier means any person, including aggregators, market aggregators, brokers, and marketers, offering to sell electricity to retail customers in the state of Montana.

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Electricity means Active Energy and Reactive Energy.

  • Electricity Services means the services associated with the provision of electricity to a person, including the exchange of electric energy, making financial arrangements to manage financial risk associated with the pool price, Distribution Access Service, system access service, ancillary services, billing, metering, performing load settlement and any other services specified in regulations made under the Act;

  • Electricity Supply Code means the Electricity Supply Code specified under section 50;

  • Supply contract means a contract under which a lessor buys or leases goods to be leased.

  • electricity undertaking means any person engaged in the generation,transmission, distribution or supply of electricity including any holder of a licence or authorisation or a person who has been granted a permit under Section 37 of the Principal Act and any person transferring electricity to or from Ireland across an interconnector or who has made an application for use of an interconnector which has not been refused;

  • Connection Contract means a contract under which Distributed Generation is connected to the Network entered into by the Distributor and a Distributed Generator in accordance with Part 6 of the Code, and, for the purposes of this Agreement, the Distributor and a Distributed Generator are deemed to have entered into a Connection Contract if the regulated terms in Part 6 of the Code apply;

  • Interconnection Facilities means the Transmission Owner Interconnection Facilities and the Customer Interconnection Facilities.

  • Electricity Laws means the Electricity Act, 2003 and the relevant rules, notifications, and amendments issued there under and all other Laws in effect from time to time and applicable to the development, financing, construction, ownership, operation or maintenance or regulation of electric generating companies and Utilities in India, the rules, regulations and amendments issued by CERC/ MERC from time to time.

  • Electrical Interconnection Facilities means the equipment and facilities required to safely and reliably interconnect a Facility to the transmission system of the Transmitting Utility, including the collection system between each Bloom System, transformers and all switching, metering, communications, control and safety equipment, including the facilities described in any applicable Interconnection Agreement.

  • Interconnection is As Defined in the Act.

  • Design-build contract means a single contract with a Design-Build Firm for the design and construction of a public construction project.

  • Interconnection Point means the point(s) of connection(s) at which the project is connected to the grid i.e. it shall be at 11 / 22 kV bus bar level of substation of MSEDCL.

  • Interconnection Service Agreement means an agreement among the Transmission Provider, an Interconnection Customer and an Interconnected Transmission Owner regarding interconnection under Tariff, Part IV and Tariff, Part VI.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • Interconnection Customer means a Generation Interconnection Customer and/or a Transmission Interconnection Customer.

  • Interconnection Construction Service Agreement means the agreement entered into by an Interconnection Customer, Interconnected Transmission Owner and the Transmission Provider pursuant to Tariff, Part VI, Subpart B and in the form set forth in Tariff, Attachment P, relating to construction of Attachment Facilities, Network Upgrades, and/or Local Upgrades and coordination of the construction and interconnection of an associated Customer Facility. A separate Interconnection Construction Service Agreement will be executed with each Transmission Owner that is responsible for construction of any Attachment Facilities, Network Upgrades, or Local Upgrades associated with interconnection of a Customer Facility.

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider.

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.

  • Wireless facility means equipment at a fixed location that enables wireless communications

  • Interconnection Service(s) means any Interconnection, Resale Services, 251(c)(3) UNEs, Collocation, functions, facilities, products or services offered under this Agreement.

  • Telecommunications facilities means apparatus necessary or useful in the production, distribution,

  • Telecommunications Facility means the machine, equipment, transmission path or other electrical facilities for telecommunication.

  • Customer Interconnection Facilities means all facilities and equipment owned and/or controlled, operated and maintained by Interconnection Customer on Interconnection Customer’s side of the Point of Interconnection identified in the appropriate appendices to the Interconnection Service Agreement and to the Interconnection Construction Service Agreement, including any modifications, additions, or upgrades made to such facilities and equipment, that are necessary to physically and electrically interconnect the Customer Facility with the Transmission System.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.