Municipal Net Metering Financing Arrangement definition

Municipal Net Metering Financing Arrangement means arrangements entered into by a municipality or Multi-municipal Collaborative with a private entity to facilitate the financing and operation of a net metering resource, in which the private entity owns and operates an Eligible Net Metering Resource on behalf of a municipality or Multi-municipal Collaborative, where: (i) the Eligible Net Metering Resource is located on property owned or controlled by the municipality or one of the municipalities, as applicable, and (ii) the production from the Eligible Net Metering Resource and primary compensation paid by the municipality or Multi-municipal Collaborative to the private entity for such production is directly tied to the consumption of electricity occurring at the designated Net Metered Accounts.
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Municipal Net Metering Financing Arrangement means arrangements entered into by
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Municipal Net Metering Financing Arrangement means arrangements entered into by a municipality or Multi-municipal Collaborative with a private entity to facilitate the financing and operation of a net metering resource, in which the private entity owns and operates an Eligible Net Metering Resource on behalf of a municipality or Multi-municipal Collaborative, where: (i) the Eligible Net Metering Resource is located on property owned or controlled by the
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Examples of Municipal Net Metering Financing Arrangement in a sentence

  • WED proposes to remove the Town’s existing wind turbine (the “Existing Turbine”), located on a parcel near the Town’s high school on Education Lane (the “Property”), and to replace it with a new 1.5 megawatt direct drive turbine (the “New Turbine”) under a Municipal Net Metering Financing Arrangement, as such term is defined under Rhode Island General Laws Section 39- 26.4-2, as amended (a “Municipal Net Metering Financing Arrangement”).

  • The Town and WED will enter into a Municipal Net Metering Financing Arrangement, as such term is defined under Rhode Island General Laws Section 39-26.4-2, as amended, for a term of Twenty Five (25) years (the “PPA Term”).

  • Under the Municipal Net Metering Financing Arrangement, the intent of the Parties is for the Town to pay for the electricity delivered under the Power Purchase Agreement (the “PPA Rate”) the same rate it would otherwise pay to the electric distribution utilityfor the Town’s electric accounts (the “Retail Rate”).

Related to Municipal Net Metering Financing Arrangement

  • Interconnection Service Agreement means an agreement among the Transmission Provider, an Interconnection Customer and an Interconnected Transmission Owner regarding interconnection under Tariff, Part IV and Tariff, Part VI. List of Approved Contractors:

  • Interconnection Activation Date means the date that the construction of the joint facility Interconnection arrangement has been completed, trunk groups have been established, joint trunk testing is completed and trunks have been mutually accepted by the Parties.

  • Municipal tariff means a tariff for services which a municipality may set for the provision of a service to the local community, and includes a surcharge on such tariff;

  • Standard Turnover means the turnover achieved between the date of commencement of your business and the date of the damage, converted to the selected indemnity period.

  • Sewage sludge weight means the weight of sewage sludge, in dry U.S. tons, including admixtures such as liming materials or bulking agents. Monitoring frequencies for sewage sludge parameters are based on the reported sludge weight generated in a calendar year (use the most recent calendar year data when the NPDES permit is up for renewal).

  • Universal Digital Loop Carrier (UDLC means the DLC system that has a CO terminal channel bank that is connected to the CO switches on the analog side.

  • Interconnection Agreement means the Agreement between the Parties entitled “Interconnection Agreement Under §§251 and 252 of the Telecommunications Act of 1996,” dated July 16, 1996.