Net energy billing definition
Examples of Net energy billing in a sentence
If an individual customer participates in one or more Net Energy Billing arrangements and/or also receives financial credits in any Distributed Generation arrangement, the customer’s consumption will first be reduced by any applicable kWh credits before financial credits are applied.
The Customer will receive compensation for any excess energy in the form of a consumption offset to the Customer’s energy consumption as shown on the next billing cycle as set forth in the Company’s Net Energy Billing Program.
During the Initial Term or any Renewal Term, you shall not subscribe to or participate in any solar or community solar program, including, but not limited to, any Net Energy Billing program, enabling you to receive, or otherwise providing, bill credits on your electric utility bill.
The Net Energy Billing application submitted by the Customer contains a section in which Customer stated whether the Facility is paired with battery storage and if controls have been or will be in place to prevent the battery storage unit which is paired with the NEB facility from being charged from the grid, or if the battery is capable of charging from the grid, controls have been or will be put in place which would prevent the battery from discharging energy to the grid.
You also represent that, at the time of enrollment with Think Energy, you are not already subscribed to or participating in any solar or community solar program, including, but not limited to, any Net Energy Billing program, enabling you to receive, or otherwise providing, bill credits on your electric utility bill.