We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Generation credit definition

Generation credit means a credit applied by an electrical utility to the bill of a participating customer that is equal to the value of the electrical utility’s system of the energy and capacity provided by a renewable energy facility, as defined herein.
Generation credit means a credit applied by an electrical utility to the bill of a participating customer that is equal to the value of the energy and capacity avoided by the electrical utility as a result of procuring energy and capacity from a renewable energy facility.
Generation credit means a credit applied by an electrical utility to the bill of a participating customer that is equal to the value of the electrical utility’s system of the energy and capacity provided by a renewable energy supplier under a power purchase agreement, based on the electrical utility’s avoided costs.

Examples of Generation credit in a sentence

  • Refer to Note 14 for details on the interest rate applicability to the SWK and First Generation credit facility.

  • The second is an example of a solar billing statement for someone whose solar system produced more energy than they received from the electrical grid, resulting in an Excess Generation credit being applied to their account (Illustration B).

  • Certain letters of credit issued on the existing Generation credit facility will be transferred to the new facility.

  • In the case of Off-farm Income Generation, credit risk will be shared between the selected CGC/CGF and the project fund at the ratio of 4:6.

  • The Economic Development (ED) Generation credit set forth in this rider is available to new loads of commercial and industrial customers or new load expansions of existing industrial and commercial customers after May 1, 1997.


More Definitions of Generation credit

Generation credit means the credit allocated to the consumer/member’s bill in the form of a bill credit for all metered generation. The Generation Credit which will be based on the Utility District’s Standard Offer and Transmission Rates – minus – the Non-Bypassable Charges imbedded within those rates. Examples of Non-Bypassable Charges are National Grid’s Direct Assignment Facilities fixed charges and BIUD’s amortization of the transmission interconnection.
Generation credit means the accrued generation credits due to Participant, which will be calculated by applying the energy charge in the applicable retail rate schedule (residential (RS) or deemed to be GSA1 for all commercial and industrial customers) to the kWh energy measured on the Generation Meter.
Generation credit means a credit applied by an electrical
Generation credit means the accrued generation credits due to Participant, which will be calculated by applying the applicable rate as defined in Guideline 8 to the kWh energy measured on the Generation Meter.
Generation credit means a bill credit the Participant is eligible to receive on their Electric Account based on the amount of electric energy produced by that portion of the Community Solar II Project allocated to the participant. See Section 6.1.
Generation credit means a credit associated with
Generation credit means the credit allocated to the consumer/member’s bill in the form of a bill credit for all excess generation. The Generation Credit which will be based on the Utility District’s Last Resort/Power Supply and Transmission Rates – minus – the Non-Bypassable Charges embedded within those rates. Examples of Non-Bypassable Charges are National Grid’s Direct Assignment Facilities fixed charges.