FIT Licensee means a licensed electricity supplier which is participating in the FiT Scheme (either on a mandatory or voluntary basis);
FIT Licensee has the meaning given to that term in Standard Condition 33 of a Supply Licence granted under section 6 of the Act;
FIT Licensee means a Licensed Electricity Supplier that is either mandated to or voluntarily complies with the FIT Order and who administers the FIT Scheme on behalf of Ofgem;
Examples of FIT Licensee in a sentence
EDF Energy is a Mandatory FIT Licensee under Standard Condition 33 of the Supply Licence.
The new FIT Licensee will then finalise the switch on the Central FIT Register and provide us relevant Meter Reading(s) for the switch date.
The new FIT Licensee will be obliged to pay all FIT payments from the switch date.
A Mandatory FIT Licensee is also free to register and make FIT payments to any FIT Generator or nominated recipient it chooses to offer FIT services.
The FIT Licensee will explain the process for submitting meter readings.
More Definitions of FIT Licensee
FIT Licensee means an Electricity Supplier, who can offer FIT to You.
FIT Licensee has the same meaning as “Supplier”;
FIT Licensee has the meaning given to that expression in the Supply Licence.
FIT Licensee means a FIT licensee (as that term is defined in Schedule A to the Standard Condition 33 of the Electricity Supply Licence) that makes payment of the Feed in Tariff to ECS from time to time; FOIA means the Freedom of Information Xxx 0000, and any subordinate legislation made under that act from time to time, together with any guidance and/or codes of practice issued by the Information Commissioner or relevant government department in relation to such legislation; Force Majeure Event has the meaning set out in clause 31.1; Gemserv means Gemserv Limited, being the entity legally authorised to grant ECS to access the MPAN Database to identify the electricity supplier to the relevant Nominated, Qualifying or Installed property, where ECS has the consent of Tenant to do so; Good Industry Practice means the exercise of the degree of skill, diligence, prudence, efficiency, foresight and timelines which would be expected from a reputable company within the relevant industry or business sector in the same or similar circumstances and seeking to fulfil their obligations under a contract the same or similar (in whole or in part) to this Agreement; Health and Safety Legislation means any and all Laws relating to health and safety matters that are applicable to the provision of the Services; Information has the meaning given under section 84 of FOIA; Initial Criteria means the criteria set out in Part A of Schedule 2; Install means each and every delivery, installation and Commissioning of a PV System to a Qualifying Property pursuant to this Agreement and Installing and Installation shall be construed accordingly; Installation Works means the work to be carried out in connection with the Installation of a PV System on a Qualifying Property, as further specified in Part 1 (Installation Works) of Schedule 6; Installed Property means each Qualifying Property where ECS Installs a PV System; Landlord's Data means the Data supplied to ECS by Landlord; Landlord Properties means properties within the housing stock of Landlord (whether occupied or not); Landlord's Representative means the representative appointed by Landlord pursuant to clause 31; Law means any applicable law, statute, bye-law, regulation, order, regulatory policy, guidance or industry code, rule of court or directives or requirements of any Regulatory Body, or any delegated or subordinate legislation or any notice of any Regulatory Body which is binding on either or both Parties; LCF or Local Community Fund m...
FIT Licensee means the collective term for Mandatory FIT Licensees and Voluntary FIT Licensees; “FIT Notification” means the notification to be submitted to the Authority annually by each licensee under Part 3, clause 2; “FIT Order” means the Feed-in Tariffs Order 2012 (including any amendments to that Order); “FIT Payments” means, as applicable, Generation Payments and/or Export Payments; “FIT Scheme” means the scheme for feed-in tariffs introduced in accordance with sections 41 to 43 EA08, as set out in Standard Condition 33 of the Electricity Supply Licence (including this Schedule A, Parts 1 to 3 and Annexes 1 to 5) and the FIT Order; “FIT Year” means the year commencing on 1st April and ending on 31st March numbered sequentially from FIT Year 1 (being 1st April 2010 to 31st March 2011); “Generation Meter” means a meter which measures the quantity of electricity generated by an Accredited FIT Installation, for which the FIT Generator is responsible; “Generation Payment” means the sum paid to the FIT Generator or Nominated Recipient, as applicable, by a FIT Licensee, for the electricity generated by Accredited FIT Installations in any period, calculated by reference to the Generation Tariff and Generation Meter Readings; “Generation Meter Reading” means the measure by a Generation Meter of the gross amount of electricity generated by an Accredited FIT Installation; “Generation Tariff” means the payment rate per kilowatt hour of electricity generated by an Accredited FIT Installation; “Insolvency Event” means an event or circumstance referred to in paragraph 1(f) of Schedule 2 on Revocation of the Electricity Supply Licence; “Levelisation Payment” means a payment required to be made by a FIT Licensee to the Authority or by the Authority to the FIT Licensee in accordance with the Levelisation Process as determined in the FIT Order; “Levelisation Process” means the process by which the total cost of the FIT Scheme is allocated between licensees in proportion to the size of their share in the electricity supply market of Great Britain, as determined in accordance with the FITOrder;
FIT Licensee means a licensed electricity supplier which is participating in the FiT Scheme (either on a mandatory or voluntary basis). Good Energy, we, our, us: means Good Energy Limited (Company Number 03899612). Installation means the generating asset described in the Application or if there is no Application, the generating asset at the property you own and in respect of which we are registered as the export supplier.