Load Settlement definition

Load Settlement means “load settlement” as defined in the Act.
Sample 1Sample 2Sample 3
Load Settlement means the functions set out in AUC Rule 021;
Sample 1Sample 2Sample 3
Load Settlement means the functions set out in the Settlement System Code, AUC Rule 021;
Sample 1Sample 2Sample 3

Examples of Load Settlement in a sentence

  • In accordance with the Settlement System Code, FortisAlberta shall provide the Load Settlement Services.

  • These Retailer Terms and Conditions govern the relationship between FortisAlberta and Retailers, or any party who will be acting as an Agent on behalf of a Retailer for transactions, including, but not limited to, retail billing and Load Settlement.

  • Only for Customers of the Retailer, a Retailer may request profiling and additional settlement information above the basic service provisions for Load Settlement specified in the Settlement System Code or information previously provided by FortisAlberta providing the Retailer provides a written request to FortisAlberta outlining the purpose for the additional settlement information.

  • Retailers are responsible for acquiring information about Meter Reading Schedules from LEU.• Estimation algorithm information is available upon request to an end use Customer or a Person (Customer’s Agent or Retailer) who is authorized by the end user.• An accurate record will be kept by LEU of meter readings that will be the basis for the Load Settlement for each metered site.

  • In accordance with the Settlement System Code, LEU shall provide Load Settlement Services.

  • Industry recognized software is utilized to perform the processes that consist of a Preliminary Load Settlement for each Operating Day, an hourly Resettlement of each month, and, if necessary, a Requested Billing Adjustment (“RBA”) settlement.

  • This process will include any Generation or Tie Line meter reading changes submitted to or changed by ISO-NE during the period as well as updated customer information that changed since the Preliminary Load Settlement.

  • The Load Settlement software contains information necessary to calculate hourly loads for each customer, and map it to the appropriate Load Assets.

  • Site identifications, once created and Energized, are included in Load Settlement and form the basis for invoicing until the Site is permanently De-energized by the Town.

  • Load Settlement allocates Energy consumption to Retailers based on Customer enrollments as set out in the Settlement System Code (SSC) AUC Rule 021.


More Definitions of Load Settlement

Load Settlement means the functions set out in the Settlement System Code;
Sample 1Sample 2Sample 3
Load Settlement means the process of determining the hourly consumption of electric energy of each customer in Alberta and providing that information to the Independent System Operator, retailers and regulated rate providers in order to identify responsibility for purchases of electric energy exchanged through the power pool;
Sample 1Sample 2
Load Settlement means the functions set out in the SSC;
Sample 1Sample 2
Load Settlement has the meaning given such term in, and is determined in accordance with, the Act;
Sample 1

Related to Load Settlement

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Viatical settlement broker means a person, including a life insurance producer as provided for in section 508E.3, who, working exclusively on behalf of a viator and for a fee, commission, or other valuable consideration, offers or attempts to negotiate viatical settlement contracts between a viator and one or more viatical settlement providers or one or more viatical settlement brokers. Notwithstanding the manner in which the viatical settlement broker is compensated, a viatical settlement broker is deemed to represent only the viator, and not the insurer or the viatical settlement provider, and owes a fiduciary duty to the viator to act according to the viator’s instructions and in the best interest of the viator. “Viatical settlement broker” does not include an attorney, certified public accountant, or a financial planner accredited by a nationally recognized accreditation agency who is retained to represent the viator and whose compensation is not paid directly or indirectly by the viatical settlement provider or purchaser.

  • Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;