Energy Credits definition

Energy Credits means any energy credits that are capable of award by the Sustainable Energy Authority of Ireland as a result of an Energy Saving Solution provided under this Agreement or otherwise;

Energy Credits shall have the meaning set forth in Sections 5 & 6.

Energy Credits means any and all ERCs and RECs.

Examples of Energy Credits in a sentence

• The volume of energy in MWh subject to Energy Credits will be the difference between the Participating Contractor’s Adjusted Monthly Energy and its Exhibit A Energy.

• SDCP shall avoid the procurement of energy from Category 2 or 3 eligible renewable resources (unbundled Renewable Energy Credits or RECs) to the extent feasible.

• WAPA shall carry forward any balances of Energy Credits and apply them to service bills in subsequent months.

• See the chart below for examples of how maximum monthly Energy Credits will be calculated, using a theoretical scenario including the 2024 PPW estimates from the PDP Annual Operating Plan, the amount of PPW included in the 2024 PDP FES rate and the monthly distributions thereof, and a contractor who has an allocation of 10% of the total allocated energy from PDP and elects to take the maximum reduction (100%) proposed by WAPA.

• Energy Credits will be applied to Participating Contractors based on the result of the applicable maximum monthly Energy Credit multiplied by the proportion of reduction the Participating Contractor elects.

More Definitions of Energy Credits

Energy Credits means a billing credit the Participant is eligible to receive on his/her electric bill based onthe amount of electric energy produced by that portion of the Project selected by the Participant. See Section 6.1.

Energy Credits means any and all ERCs and RECs. “ERCs” (an acronym for emission reduction credits) shall mean any and all credits, attributes, benefits, offsets, reductions, rights (including registration, trading and recording rights), or indicia, however entitled, for or relating to the reduction, mitigation or control of greenhouse gas emissions, including, without limitation, carbon dioxide, methane, nitrous oxide, perfluoro-carbons, hydro fluorocarbons, sulphur hexafluoride or other gas, matter or substance directly or indirectly arising out of or related to the production, use, sale, capture, flaring, burning, destruction, processing, conversion, utilization, fueling, storage or sequestration of Gas (including, without limitation, Coal Gas and VAM) in respect of Current Gas Rights that now or hereafter qualifies for recognition by or under any domestic, international or foreign emissions reduction or emissions quantification, certification or reporting program, scheme or organization or law, statute, regulation or order, adopted by a governmental authority or otherwise, or other similar program, public or private, whether existing now or in the future, whether mandatory or voluntary, including without limitation any program under which any direct or indirect benefit is given for reduction in greenhouse gas emissions (each, an “ERC Program”). Without limiting the generality of the foregoing, ERCs include (i) those environmental or greenhouse gas emission reduction credits based on the production, use, sale, capture, flaring, burning, destruction, processing, conversion, utilization, fueling, storage or sequestration of Gas (including, without limitation, Coal Gas and VAM) produced from any Coal Area or Non-Coal Area owned, leased or controlled by any Coal Party as of the Effective Date in lieu of venting such Gas to the atmosphere or otherwise disposing of or using such Gas under any ERC Program or REC Program (any of the foregoing, a “Program”); and (ii) all rights relating to Gas produced from a Coal Area or Non-Coal Area owned, leased or controlled by any Coal Party as of the Effective Date that would be recognized as beneficial or of value in the event that any governmental authority imposes any tax, levy, surcharge, cap or other imposition or limitation on emissions of air pollutants or particulates, including greenhouse gases, or on products or services that are related to such emissions, including, without limitation, any “carbon tax.” ERCs do not include All...

Energy Credits means any energy credits that are capable of award by the Sustainable Energy Authority

Energy Credits means the energy credit provided for under Section 48 of the Code.

Energy Credits means the carbon savings and cost savings that may be claimed as a result of the installation of the Equipment under the Electricity and Gas (Energy Company Obligation) Order 2014;

Energy Credits shall have the meaning set forth in Section 7.

Energy Credits. The meaning ascribed thereto in Section 9.2(d).