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 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.

Examples of Generation credit in a sentence

• Any remaining Generation credit greater than the Eligible Generation Credit calculated per section 6.g will be zeroed out and the Biogas Customer- Generator shall not be entitled to compensation for such credit, and a new Relevant Period shall commence.

• Generation credit p/kWh (negative)Applied to units produced during the DNO’s super-red time band.

• In the context of the Hydro system, there is an added22 complication due to the NP Generation credit.

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

• Fig 2 below contains an example of the bracelet affixed on a working board.

More Definitions of Generation credit

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.

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 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 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 associated with

Generation credit means the accrued generation credits due to Participant, which will be calculated by applying the sum of the energy charge in the applicable retail rate schedule (residential (RS) or deemed to be GSA1 for all commercial and industrial customers) and the applicable Premium Rate to the kWh energy measured on the Generation Meter.