Net Energy Rate definition

Net Energy Rate has the meaning assigned to it in Attachment B.
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Examples of Net Energy Rate in a sentence

  • Buyer shall pay Seller for the Net Energy delivered to Buyer at the Net Energy Rate for the applicable period in which service is provided as set forth in Attachment B.

  • Buyer shall pay Seller for the Net Energy made available for delivery to Buyer at the Net Energy Rate for the applicable period in which service is provided as set forth in Attachment B.

  • Seller and Buyer agree that the applicable Net Energy Rate is intended to compensate Seller for the all electrical output of the Facility delivered to Buyer.

  • For each applicable hour, the Net Energy Rate is comprised of the applicable Energy Rate below plus the applicable Capacity Rate below.

  • Seller and Buyer agree that the Net Energy Rate or Test Energy Rate, as applicable, is intended to compensate Seller for all of the Net Energy of the Facility delivered to Buyer.

  • Buyer shall purchase all Test Energy produced by the Facility during startup and testing at the Net Energy Rate.

  • Seller and Buyer agree that the applicable Net Energy Rate is intended to compensate Seller for all of the electrical output of the Facility delivered to Buyer and all RECs and other related Environmental Attributes, as applicable.

  • The Net Energy Rate per kWh contained herein will be effective until the end of the Term of this Agreement.

  • If Net Energy Rate is $32/MWh and market price for renewable energy is $34/MWh, damages would be set to $16/MWh, even though the actual incremental cost of procuring replacement renewable energy would $2/MWh. Further, Xxxxxxx testifies that there is no reason to base the cost of procuring replacement energy on renewable energy, as DESC is not buying RECs and contract price is based on avoided energy.

  • Buyer shall pay Seller for the Net Energy made available for delivery to Buyer at the Net Energy Rate for the applicable period in which p ldd tf thl dtt h tB ~ y hllp h IIT tE By produced by the Facility during startup and testing at the Test Energy Rate.

Related to Net Energy Rate

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Annual Energy Use means, (i) with respect to the first 5 years following the Effective Date, the annual electricity usage, expressed in kilowatt hours (“kWhs”), within the Party’s respective jurisdiction and (ii) with respect to the period after the fifth anniversary of the Effective Date, the annual electricity usage, expressed in kWhs, of accounts within a Party’s respective jurisdiction that are served by the Authority and (b) “Total Annual Energy” means the sum of all Parties’ Annual Energy Use. The initial values for Annual Energy use are designated in Exhibit C, and shall be adjusted annually as soon as reasonably practicable after January 1, but no later than March 1 of each year

  • Energy year or "EY" means the 12-month period from June 1st

  • Net Energy The total quantity of electric energy (measured in kilowatt hours) produced by the Facility over a given time period and delivered to the Point of Interconnection, as measured by the revenue meter. "Net Energy" the equivalent of "Actual Output."

  • Day-ahead System Energy Price means the System Energy Price resulting from the Day- ahead Energy Market.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • energy poverty means a household’s lack of access to essential energy services that underpin a decent standard of living and health, including adequate warmth, cooling, lighting, and energy to power appliances, in the relevant national context, existing social policy and other relevant policies;

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • Energy Payment The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

  • Building Energy Benchmarking means the process of measuring a building’s Energy use, tracking that use over time, and comparing performance to similar buildings.

  • Energy Price has the meaning set forth in Section 4.[1/2](a).

  • Energy Resource means a generating facility that is not a Capacity Resource.

  • Energy recovery means energy recovery from waste that is conversion of waste material into usable heat, electricity or fuel through a variety of processes including combustion, gasification, pyrolisation, anaerobic digestion and landfill gas recovery ;

  • Renewable energy resource means a resource that naturally replenishes over a human, not a geological, time frame and that is ultimately derived from solar power, water power, or wind power. Renewable energy resource does not include petroleum, nuclear, natural gas, or coal. A renewable energy resource comes from the sun or from thermal inertia of the earth and minimizes the output of toxic material in the conversion of the energy and includes, but is not limited to, all of the following:

  • Energy conservation measure means a training program or facility alteration designed to reduce energy consumption or operating costs and includes:

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Reference Resource means a combustion turbine generating station, configured with two General Electric Frame 7FA turbines with inlet air cooling to 50 degrees, Selective Catalytic Reduction technology all CONE Areas, dual fuel capability, and a heat rate of 10.096 Mmbtu/ MWh.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Nominated Energy Efficiency Value means the amount of load reduction that an Energy Efficiency Resource commits to provide through installation of more efficient devices or equipment or implementation of more efficient processes or systems.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Useful thermal energy means, with regard to a cogeneration unit, thermal energy that is:

  • Weekly Rate means the interest rate on the Bonds established in accordance with Section 2.03(b) hereof.

  • Day Rate means the rate per day per grade tendered by the Supplier in the Supplier’s proposal that shall never be exceeded within this Contract;

  • Renewable Energy Credits or “RECs” – means a renewable energy credit as defined in the Green-e Energy National Standard and shall include all the renewable attributes associated with the applicable level of corresponding energy production.

  • Moody’s Recovery Rate With respect to any Collateral Obligation, as of any date of determination, the recovery rate determined in accordance with the following, in the following order of priority: