Generation Payment definition

Generation Payment means a payment under the FiT Scheme which is based on the amount of electricity generated by Your Eligible Installation and measured by the applicable Generation Meter;

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Generation Payment means a payment under the FiT Scheme which is based on the amount of

Generation Payment has meaning given to it in Section 4.4 of the Contract.

Examples of Generation Payment in a sentence

All settlement documentation, requirements and details, including the date that any Generation Payment is due and the statement of amounts owing shall be governed by the applicable LDC.
Supplier shall, at the request of OPA, provide OPA with copies of all settlement statements, invoices and all other correspondence between Supplier and LDC relating to the Facility and/or any Generation Payment and authorizes the OPA to request the same from LDC.
The Generation Payment is a pass-through cost on the part of FDCUI.
The FIT Generation Payment is separate to what You are paid for Your Exported consumption.
Hence, for purposes of provisional authority, the Commission deems it prudent to adopt the Generation Payment of PhP4.6629/kWh subject to the actual adjustment factor, as provided in the IPPA Agreement.
Thus, for purposes of provisional authority, the Commission deems it prudent to adopt the monthly Generation Payment of PhP4.6629/kWh as the Energy Charge.
This is consistent with the nature of the Generation Payment being a pass- through cost.
Noteworthy to mention is that the proposed Generation Payment of PhP4.9054/kWh is composed not only of the base monthly generation payment of FDCUI to PSALM but also includes the inflation index of 1.0520.
Generation payment to PSALM by FDCUI should be the MQ for such month, multiplied 'by the Generation Payment Rate of Php4.6629/kWh and Inflation Factor as " contained in Schedule H of IPPA Agreement.
Table 3 below shows the Margin forthe proposed rates of FDCUI: ent Rate (PhP kWh) FDCUI's proposed Margin is equivalent to 8.93% of the Generation Payment or PhP0-4380/kWh. In support of its proposed Margin, FDCUI submitted a summary of the activities.

More Definitions of Generation Payment

Generation Payment means, in respect of any period, the volume of Metered Generation in that period multiplied by the Generation Tariff.

Generation Payment means the sum paid to the FIT Generator or Nominated Recipient, as applicable, by a FIT Licensee, for FIT Generation in any period, calculated by reference to the Generation Tariff and Generation Meter Reading.

Generation Payment means the sum paid to you by us for the electricity generated by your Generation Unit in any Period, calculated by reference to the Generation Tariff, Generation Meter Readings and Tariff Code;

Generation Payment means the sum paid to the Generator or Nominated Recipient (as applicable) by EDF Energy for the electricity generated by Accredited FIT Installations, calculated by reference to the Generation Tariff and Generation Meter Readings. The Generation Payment shall be exclusive of VAT;

Generation Payment means a payment under

Generation Payment means the sum paid to you or your Nominated Recipient (as applicable) by us for the electricity generated by your Eligible Installation in any quarterly period, calculated by reference to the Generation Tariff, Generation Meter Readings and Tariff Code;