Last Resort Service definition

Last Resort Service means the service provided by the Distribution Company pursuant to the Distribution Company’s tariffs, on file with the R.I.P.U.C.

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Last Resort Service means the provision of Requirements by Seller at the Delivery Point to Narragansett to meet all needs of Last Resort Service Customers.

Last Resort Service means the service provided by the Company pursuant to Public Act 03-135, as amended by Public Act 03-221, and as amended from time to time, and to be effective on and after January 1, 2007.

Examples of Last Resort Service in a sentence

• Determination of Supplier Loads (Competitive, Standard Service and Supplier of Last Resort Service) The hourly loads of each supplier serving retail load on Buyer’s system (Competitive, Standard Service and Supplier of Last Resort Service) will be determined using the following process: Each Retail Customer will be assigned a supplier code to distinguish between Competitive, Standard Service and Supplier of Last Resort Service supply.

• APPENDIX B MASTER POWER AGREEMENT This Confirmation shall confirm the Transaction agreed to on, and effective as of ____________ between THE NARRAGANSETT ELECTRIC COMPANY, a Rhode Island corporation (“Buyer”) and [Company], a [what] (“Seller”) regarding the sale/purchase of Last Resort Service specified herein under the terms and conditions under the Master Power Agreement, dated [ ] (the “Master Power Agreement”) between Buyer and Seller, as specified and modified herein.

• Nothing in this Agreement shall be construed as creating any relationship between the Buyer and Seller other than that of independent contractors for the sale and delivery of Requirements for Last Resort Service.

• The Buyer shall not be liable to Seller for any losses Seller may incur, including but not limited to lost revenues, and losses that may result from any change in Requirements, number or location of customers taking service, the location of the Delivery Point(s), the composition or components of market products or Requirements, or the market for electricity, or change in the Distribution Service Terms or the Last Resort Service Tariff.

• Seller shall utilize the NEPOOL-GIS to transfer Load Obligations or NEPOOL-GIS Certificates, as applicable, to the Buyer’s certificate account in the number equal to the Delivered Energy for Last Resort Service in a month during the term of a Transaction.

• Once Seller’s provision of Last Resort Service terminates (effective as of the minute after the Conclusion Date or, if earlier, the termination date established in accordance with 7.2(a)), the Buyer will terminate Seller’s Ownership Shares of the aforementioned Load Assets The Buyer shall have the right to change the Load Asset designations from time to time, consistent with the definition and provision of Last Resort Service.

• Seller shall provide to the Buyer at the Delivery Point quantities of electricity and ancillary services, capacity and all other market products related thereto to cover such losses from the Delivery Point to the meters of Last Resort Service Customers.

• For purposes of certainty: Seller's obligations on the Commencement Date shall be to provide Requirements for all Last Resort Service Customers identified in the related Confirmation taking service as of and including the Commencement Date.

• Contract Rate - $/MWh Award Block Customer Group Load Zone Month1 Month2 Month3 Month4 Month5 Month6 RES Requirement shall mean, for each calendar month during the term of this Transaction the product of (i) Delivered Energy in a calendar month for Last Resort Service in calendar year 200X and (ii) 0.XX, rounded up to the whole MWh of which up to two percent (2.0%) may come from Existing Renewable Energy Resources.

• Seller shall provide the Buyer information pertaining to power plant emissions, fuel types, labor information and any other information required by the Buyer to comply with the uniform disclosure requirements contained in R.I.G.L. Section 39-26-9 and any other disclosure regulations which may be imposed upon the Buyer during the term of this Agreement, as such disclosure requirements apply to Last Resort Service provided by Seller pursuant to this Agreement.

More Definitions of Last Resort Service

Last Resort Service means the electric generation services provided by the Company, on or after January 1, 2007, to customers who are not eligible to receive Standard Service. The availability for this service shall be in accordance with the provisions set forth in the Company’s Generation Services tariff, on file with the DPUC.

Last Resort Service means the service provided by the Distribution Company to a Customer who is not receiving Generation Service from a Supplier. For purposes of clarity, through December 31, 2020, Last Resort Service refers to standard offer service as provided by the Company in accordance with R.I. Gen. Laws § 39-1-27.3(b). Beginning January 1, 2021, Last Resort Service refers to last resort service as provided by the Company in accordance with

Last Resort Service means the service provided by the Distribution Company to a Customer who is not receiving Generation Service from a Supplier. For purposes of clarity, through

Last Resort Service. As defined in R.I. Gen. Laws § 39-1-27.3 and in regulations of the PUC, as amended or promulgated, as the case may be, from time to time. The fixed Last Resort Service Rate is the price of the default generation service supplied by the Local Distributor which is fixed for a period of usually six months.

Last Resort Service means the provisions of Requirements by Seller at the Delivery Point to Narragansett to meet all needs of Last Resort Service Customers.

Last Resort Service means the service provided by the Distribution Company to a Customer who is not receiving Generation Service from a Supplier. For purposes of clarity, through December 31, 2020, Last Resort Service refers to standard offer service as provided by