Guaranteed Energy Price per kWh definition

Guaranteed Energy Price per kWh means the dollar value per kWh as calculated in the table below: True Up Term Utility/ kWh (X) Solar/kWh (Y) Guaranteed Energy Price per kWh (X - Y) Years 1-5 $ $ Years 6-10 $ $ Years 11-15 $ $ Years 16 - 20 $ $
Guaranteed Energy Price per kWh is set out in the table immediately after the first paragraph in Section 2(b)(i) above.
Guaranteed Energy Price per kWh means $x.xxxx per kWh with an annual increase of [words] (x.xx%).

Examples of Guaranteed Energy Price per kWh in a sentence

  • If at the end of each successive 24 month anniversary of your first monthly payment the cumulative Actual kWh (defined below) generated by the System is less than the Guaranteed kWh, then we will send you a refund check equal to the difference between the cumulative Actual kWh and the Guaranteed kWh multiplied by the Guaranteed Energy Price per kWh (defined below).

  • Commencing on the fifth anniversary of the Commercial Operation Date, if at the end of each successive sixty (60) month anniversary thereof, the cumulative Actual kWh (defined below) generated by the System is less than the Guaranteed kWh, then Seller will send Purchaser a refund check equal to the difference between the Guaranteed kWh and the cumulative Actual kWh multiplied by the Guaranteed Energy Price per kWh (defined below).

  • Commencing on the sixth anniversary of the Commercial Operation Date, if at the end of each successive seventy-two (72) month anniversary thereof, the cumulative Actual kWh (defined below) generated by the System is less than the Guaranteed kWh, then Seller will send Purchaser a refund check equal to the difference between the Guaranteed kWh and the cumulative Actual kWh multiplied by the Guaranteed Energy Price per kWh (defined below).

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  • If at the end of each successive twelve (12) month anniversary of your first monthly payment (a "Production Year") the Actual Annual kWh (defined below) generated by the System is less than the Guaranteed Annual kWh, then we will send you a refund equal to the difference between that Production Year's Actual Annual kWh and Guaranteed Annual kWh (minus any previous year's surpluses), multiplied by that Production Year's Guaranteed Energy Price per kWh (defined below).


More Definitions of Guaranteed Energy Price per kWh

Guaranteed Energy Price per kWh means $0.19 per kWh.
Guaranteed Energy Price per kWh means the amount per kWh as set forth in EXHIBIT C.
Guaranteed Energy Price per kWh means $x.xxxx per kWh with an annual increase of [words] (x.xx%).(ii) [[Monitoring Software Name ]][[During the Lease Term, we will provide you at no additional cost our Monitoring Software Name Monitoring Service (“Monitoring Software Name”). Monitoring Software Name is a proprietary monitoring system designed and installed by Lessor that captures and displays historical energy generation data over an Internet connection and consists of hardware located on site and software hosted by Lessor. If your System is not operating within normal ranges, Monitoring Software Name will alert us and we will remedy any material issues promptly.]] (iii) [[Generic Name]][[If you have upgraded your Lease to include the PowerGuide™ Monitoring Service (“PowerGuide”), Lessor will provide it to you for the first ten (10) years of the Lease Term. PowerGuide is a Monitoring Software Name improvement that captures and displays historical energy consumption data. Not all home power systems are compatible with PowerGuide. If you ordered PowerGuide and your Home is not compatible with PowerGuide, then Lessor will adjust your Lease payments to reflect its removal.]]
Guaranteed Energy Price per kWh means $0.120 per kWh.
Guaranteed Energy Price per kWh means the dollar value per kWh, calculated as the amount, if any, in dollars per kWh, by which the aggregate value of the Actual Utility kWh price exceeds the PPA kWh price calculated for each billing periods or portions thereof that occurred in such Five-Year period; provided, however, that such amount shall in no case exceed five cents ($0.05) per kWh.
Guaranteed Energy Price per kWh means $0.20 per kWh.
Guaranteed Energy Price per kWh means $0.128 per kWh.