FiT Scheme Rules definition

FiT Scheme Rules means the relevant standard licence conditions (i.e. those applicable to licensed electricity suppliers) which govern the operation of the FiT Scheme, the Feed-in Tariff Order 2012 (as amended) and any other legislation, rules or guidance (including guidance published by the Authority) which apply to the FiT Scheme from time to time. As at the date of issue of these terms and conditions, further information on these rules can be found on the Ofgem website at ofgem.gov.uk;
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FiT Scheme Rules means the relevant standard license conditions (i.e. those applicable to licensed electricity suppliers) which govern the operation of the FiT Scheme, the Feed-in Tariff Order 2012 (as amended) and any other legislation, rules or guidance (including guidance published by the Authority) which apply to the FiT Scheme from time to time;
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FiT Scheme Rules means the guidelines set down by Ofgem to administer the scheme and can be found on the Ofgem website. Generation Meter(s) is a meter (or meters) that measure the amount of electricity your Generation Unit(s) generates. Generation Payment is the amount of money a FiT Licensee (us in this case) pays to the Generator or Nominated Recipient, calculated based on your Generation Tariff and Meter Readings.
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Examples of FiT Scheme Rules in a sentence

  • Where tariff rates are changed by the Authority, or any other changes occur to the FiT Scheme Rules which affect the basis on which FiT Payments are made, the changes will be reflected in the FiT Payments that You are entitled to receive under this Agreement.

  • Each payment will be calculated by reference to the applicable “tariff code” (as recorded in the Central FiT Register and confirmed in the Confirmation) and the applicable tariff rate published by the Authority under the FiT Scheme Rules.

  • Examples (but not an exhaustive list) of when this might apply are where You have failed to provide particular information which is required under the FiT Scheme Rules or where information You have provided is then found to be inaccurate.

  • Further details on rights which We will have in circumstances where You do not comply with the FiT Scheme Rules and/or any of your obligations under this Agreement are set out in other clauses in these terms and conditions – see in particular clauses 8.10, 8.11, 9.2 and 9.4 below.

  • The consequences of You not meeting (or ceasing to meet) the eligibility criteria described in clause 4.1 above (or any other criteria that may be applicable under the FiT Scheme Rules) are that You will not be entitled to receive (further) payments under the FiT Scheme.

  • If your Eligible Installation has an installed capacity of 30kW or less and an Export Meter is not in place, the amount of electricity which is treated as having been exported to the grid (as long as Your Eligible Installation is connected to the grid) will be calculated by Us on a “deemed” basis in accordance with the FiT Scheme Rules.

  • However, we will have the right to vary this Agreement on less than 20 days’ notice where this is reasonably necessary in order to reflect any change in the FiT Scheme Rules, any other change in law (including the standard electricity licence conditions that apply to Us) or any change to the Central FiT Register.

  • For the avoidance of doubt, the amount of any FiT Payments paid to You will be calculated by reference to the FiT Scheme Rules, including the tariff rates published by the Authority under these rules.

  • NVIRONMENTAL ASSESSMENT PROCESS Proposed projects or modifications to existing projects that are subject to the British Columbia Environmental Assessment Act (BCEAA) are specified in the Environmental Assessment Reviewable Project Regulations by project type, design capacity, and diversion or extraction rate.

  • Further details on rights which We will have in circumstances where You do not comply with the FiT Scheme Rules and/or any of your obligations under this Agreement a re set out in other clauses in these terms and conditions – see in particular clauses 8.10, 8.11, 9.2 and 9.4 below.


More Definitions of FiT Scheme Rules

FiT Scheme Rules means the guidelines set down by Ofgem to administer the scheme and can be found on the Ofgem website.
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Related to FiT Scheme Rules

  • Companies Law means the Companies Law (2018 Revision) of the Cayman Islands, as amended from time to time.

  • M&A Rules means the Provisions on Merging and Acquiring Domestic Enterprises by Foreign Investors, which was promulgated by six Governmental Agencies, namely, the Ministry of Commerce, the State-owned Assets Supervision and Administration Commission, the State Administration for Taxation, the State Administration for Industry and Commerce, the China Securities Regulatory Commission (the “CSRC”), and the State Administration of Foreign Exchange, on August 8, 2006 and became effective on September 8, 2006, as amended by the Ministry of Commerce on June 22, 2009.

  • the Scheme means the Local Government Pension Scheme in

  • FCA Rules means the Rules included within the FCA Handbook issued by the FCA.

  • Relevant Rules means, at any time, the laws, regulations, requirements, guidelines and policies relating to capital adequacy (including, without limitation, as to leverage) then in effect in the United Kingdom including, without limitation to the generality of the foregoing, as may be required by CRD IV or BRRD or any applicable successor legislation or any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and applicable to the Issuer from time to time and any regulations, requirements, guidelines and policies relating to capital adequacy adopted by the Relevant Regulator from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer or to the Issuer and any of its holding or subsidiary companies or any subsidiary of any such holding company).

  • UK Listing Authority means the Financial Services Authority in its capacity as competent authority under the Financial Services and Markets Xxx 0000.

  • Hague Rules means the International Convention for the Unification of certain Rules of Law relating to Bills of Lading signed at Brussels on 25 August 1924.

  • Scheme Circular means any circular to the shareholders of the Target to be issued by the Target setting out the proposals for any Scheme.