LDC definition
Examples of LDC in a sentence
The Electricity purchased by Buyer from Seller under this Agreement shall not be resold to any other Person, nor shall such Electricity be assigned or otherwise transferred to any other Person (other than to the LDC pursuant to the Net Metering Rules), without prior approval of Seller, which approval shall not be unreasonably withheld.
Buyer shall exercise reasonable efforts to provide Seller with direct electronic access to all Host Customer Account Statements and account information with respect to the Host Customer Account, including, at Seller's request, such cooperation with Seller as may be necessary to arrange with the LDC to enable Seller, through installation of a Seller-owned meter reader or other means, to have direct electronic access to the LDC Metering Device data.
Buyer shall forward to Seller the LDC monthly utility bills for the accounts listed on the Schedule Z.
In addition, within ninety (90) days following the end of each Contract Year, Seller shall prepare a reconciliation of the Net Metering Credits allocable to such Contract Year, based on the System production during such Contract Year, and the amount of Net Metering Credits credited to Buyer’s accounts by the LDC, and the Net Metering Credit kWh dollar values during such period.
Seller shall be responsible for all costs, fees, charges and obligations of every kind and nature required to connect the Project to the LDC System, including but not limited to fees associated with system upgrades and operation and maintenance carrying charges, the cost to install the LDC Metering Device, and the cost to insure the Project ("Interconnection Obligations").