Net Metering Credit definition

Net Metering Credit means the monetary value of the excess electricity generated by a Project, and credited to the Host by the Local Electric Utility, as set forth in Applicable Law.

Net Metering Credit means the applicable monetary value of an excess kilowatt-hour of electricity, determined in accordance with the Net Metering Rules.

Net Metering Credit means the applicable monetary value of an excess kilowatt-hour of electricity generated by the Facility, determined in accordance with the Net Metering Rules.

Examples of Net Metering Credit in a sentence

• The Net Metering Credit based on the excess electricity generated by a Net Metering Facility shall be determined as either a Standard Net Metering Credit, Market Net Metering Credit, or Small Hydroelectric Net Metering Credit pursuant to this section.

• For a Small Hydroelectric Net Metering Facility that is participating in the Small Hydroelectric Net Metering Program, each Distribution Company shall calculate for each Billing Period a Net Metering Credit equal to 100% of the net excess kilowatt-hours, by time-of-use, if applicable, multiplied by the Distribution Company’s basic service kilowatt-hour charge in the ISO-NE load zone where the Host Customer is located.

• The Distribution Company shall carry forward, from Billing Period to Billing Period, any remaining Net Metering Credit balance.

• APPENDIX A *A Solar Net Metering Facility that is not a New Solar Net Metering Facility, but that seeks to expand the generating capacity after the Notification Date such that the entire facility, including the expanded generating capacity, is a Class I Net Metering Facility shall continue to receive the Standard Net Metering Credit.

• For any Billing Period for which the Distribution Company calculates a Net Metering Credit for a Host Customer, the Distribution Company shall apply the Net Metering Credit to the Host Customer’s account, unless the Host Customer provides otherwise pursuant to Section 1.07.

More Definitions of Net Metering Credit

Net Metering Credit means a credit as defined under [insert citation].

Net Metering Credit means the applicable credit paid to an eligible Class I, Class II, Class III, or Neighborhood net metering facility, as the case may be, as set forth in M.G.L. c.164, s.138-140 and 220 CMR 18.02.

Net Metering Credit means the applicable monetary value of an excess kilowatt-hour of electricity, determined in accordance with the Net Metering Rules, generated by a Solar Net Metering Facility, as defined in accordance with the Net Metering Rules.

Net Metering Credit means the applicable monetary value of a kilowatt-hour of electricity generated by the System and applicable for credit to the Town as determined in accordance with the Net Metering Rules.

Net Metering Credit means the applicable credit paid to an eligible Class I, Class II, Class III, or Neighborhood net metering facility, as the case may be, as set forth in M.G.L. c.164, s.138-140.

Net Metering Credit has the meaning set forth in 220 C.M.R. 18.00, as may be amended from time to time by a Governmental Authority, as implemented by the Tariffs.

Net Metering Credit is the dollar value that the electric company assigns to Your Share of the electricity produced by the array.