Net Metering Arrangement definition

Net Metering Arrangement means an arrangement under which a Renewable Energy Generating System with Net Meter installed at an Eligible Consumer’s premises, delivers surplus electricity, if any, to the Distribution Licensee after setting off the quantum of electricity supplied by such Licensee during the applicable Billing Period;
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Net Metering Arrangement means an arrangement under which a Roof-top Solar PV System with Net Meter installed at an Eligible Consumer’s premises delivers surplus electricity, if any, to the Distribution Licensee after setting off the quantum of electricity supplied by such Licensee during the applicable Billing Period.
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Net Metering Arrangement means an arrangement under which renewable energy system installed at Net Metered Consumer‟s Premises delivers surplus electricity, if any, to the Distribution Licensee after off-setting the electricity supplied by the Distribution Licensee during the applicable Billing Period;
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Examples of Net Metering Arrangement in a sentence

  • The Net Metering Arrangement shall include a single-phase or a three-phase Net Meter, as may be required, located at the point of inter-connection as ascertained by the Distribution Licensee.

  • System Owner shall have obtained all Permits that the System Owner deems necessary or desirable, each in form and substance satisfactory to the System Owner: (A) for the construction and installation of the System, (B) for the provision of Services to the Customer under this Agreement, and (C) for the Net Metering Arrangement contemplated hereby, and all such approvals, permits, licenses and authorizations shall be in force and effect.

  • The quantum of electricity consumed by the Eligible Consumer from the Renewable Energy Generating System under the Net Metering Arrangement shall qualify towards his compliance of RPO, if such Consumer is an Obligated Entity.

  • System Owner shall have obtained all Permits necessary: (1) for the construction and installation of the System, including the Certificate of Public Good, (2) for the provision of Services to the Customer under this Agreement, and (3) for the Net Metering Arrangement contemplated hereby, and all such approvals, permits, licenses and authorizations shall be in force and effect.

  • The Renewable Energy generated by an Eligible Consumer under the Net Metering Arrangement or the Net Billing Arrangement under these Regulations shall not be eligible for issuance of Renewable Energy Certificate.

  • OWNER, in its sole discretion, shall serve as the Administrator of this Group Net Metering Arrangement in accordance with this Agreement and applicable law.

  • Eligible Consumer/ Third Party Distribution LicenseeName NameAddress DesignationService connection No. Office Address Annexure-V (B) Inter connection agreement (Net Metering Arrangement) This Agreement is made and entered into at (location) ………..on this (date) ………..day of (month) year………..betweenThe Eligible Consumer(s) by the name of having or leasing thepremises at (address) as first partyANDDistribution Licensee (herein after called as Licensee) and represented by ………..………..………..………..

  • In the actual project implementation, the revenues will be computed under a Net Metering Arrangement.

  • The Distribution Licensee shall allow Net Metering Arrangement or Net Billing Arrangement, as the case may be, to Eligible Consumers as specified in these Regulations.

  • The Solar energy generated by an Eligible Consumer in a Net Metering Arrangement under these Regulations shall not be eligible for REC.


More Definitions of Net Metering Arrangement

Net Metering Arrangement means an arrangement under which RE System installed at Net Metered Consumer‟s Premises delivers surplus electricity, if any, to the Distribution Licensee after off-setting the electricity supplied by the Distribution Licensee during the applicable Billing Period, under the MPERC (Grid Connected Net Metering) Regulations, 2015 and subsequent amendments thereof;
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Net Metering Arrangement means an arrangement under which a rooftop solar PV system generator with net meter installed at a participant’s premises delivers surplus electricity, if any, to BPC after setting off the capacity of electricity supplied by BPC during the applicable billing period;
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Net Metering Arrangement means any agreement between a public utility and a customer of that utility that permits the customer to generate electricity and deliver it to the public utility’s electrical grid to offset electricity drawn from the grid by the customer;
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Net Metering Arrangement means an arrangement whereby exported energy is deducted from imported energy in energy units (kWh) to arrive at the net imported / exported energy. The net energy import (or export) is billed (or credited / carried-over) on the basis of the consumer tariff. A single bidirectional energy meter shall be used for net-metering at the point of supply. "
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Related to Net Metering Arrangement

  • Net Metering Net metering refers to customers who sell electricity they produce, typically through a rooftop solar panel, back to the utility for credit. If you are a net metering customer, you should not enroll with XOOM because your net metering agreement will not transfer to XOOM once you enroll.

  • Net meter means an appropriate energy meter capable of recording both import & export of electricity or a pair of meters one each for recording the import and export of electricity as the case may be;

  • Net metering customer means a customer of the electric distribution company

  • Net metering system means a facility for the production of electrical energy that does all of the following:

  • Interconnection Agreement means the interconnection agreement entered into by Seller pursuant to which the Facility will be interconnected with the Transmission System, and pursuant to which Seller’s Interconnection Facilities and any other Interconnection Facilities will be constructed, operated and maintained during the Contract Term.

  • Net energy metering means measuring the difference, over the net metering period, between (i)

  • Net metering period means the 12-month period following the date of final interconnection of the

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • smart metering system means an electronic system that can measure energy consumption, providing more information than a conventional meter, and can transmit and receive data for information, monitoring and control purposes, using a form of electronic communication;

  • Service Level Agreement (SLA means the Contractual Commitment that prevails between the Buyer and the Service Provider with regard to type of service to be provided, deliverables, desired performance level, reliability and responsiveness, monitoring process and service level reporting, response and issue resolution time-frame, repercussions / penalties / remedies for service provider not meeting its commitment. The SLA of a particular contract may carry the matrix regarding the delivery of the goods and/or services and the corresponding penalties or remedies and liquidated damages as applicable.

  • Customer Agreement means a written agreement entered into between Provider and any Customer pursuant to which a Customer orders BPO Services from Provider.

  • Service Agreement means the initial agreement and any amendments or supplements thereto entered into by the Transmission Customer and the Transmission Provider for service under the Tariff. Site:

  • Multimodal transport operator means the person on whose behalf the bill of lading/multimodal transport document, or any other document evidencing a contract of multimodal carriage of goods, is issued and who is responsible for the carriage of goods pursuant to the contract of carriage.