Excess Generation Value definition

Excess Generation Value means the value, based on the price established herein, of any Excess Generation credited to Customer that remains in existence at the end of the Net Metering Period.
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Excess Generation Value means the value, based on the price established by the formula herein, of any Excess Generation.
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Examples of Excess Generation Value in a sentence

  • Where Customer has provided the above sixty (60) day notice prior to the end of the then-current Net Metering Period so as to terminate the Agreement effective concurrent with the end of such Net Metering Period, CBEC shall either credit Customer’s Account or pay Customer in accordance with the terms and conditions set forth in the Third Paragraph above, the Excess Generation Value for Excess Generation accrued during such Net Metering Period.

  • THIRD - For Excess Generation, as defined in Rule 20 VAC 5-315-20, during the term of this Agreement, an Excess Generation Value shall be determined equal to (i) the Excess Generation Price, as defined below, multiplied by the total number of kilowatt-hours of Excess Generation or (ii) any future price or pricing methodology established by the State Corporation Commission, after notice and an opportunity for hearing.

  • Where Customer has provided the above sixty (60) day notice prior to the end of the then-current Net Metering Period so as to terminate the Agreement effective concurrent with the end of such Net Metering Period, the Company shall either credit Customer’s Account or pay Customer in accordance with the terms and conditions set forth in the Third Paragraph above, the Excess Generation Value for Excess Generation accrued during such Net Metering Period.

  • Customer shall receive the total amount of Excess Generation Value due Customer under this Third Paragraph no later than the Due Date defined below in accordance with Customer’s election below: By checking in the space provided to the left, Customer elects that Company shall apply a credit to the Customer’s Account by the Due Date; or By checking in the space provided to the left, Customer elects direct payment via a check in lieu of receiving an account credit.

  • Customer shall receive the total amount of Excess Generation Value, in the form of a Credit applied to Customer's Account due Customer under this Third Paragraph no later than the Due Date defined below.