Net Metering Credits definition

Net Metering Credits means the combination of Renewable Net Metering Credits and Excess Renewable Net Metering Credits, if Excess Renewable Net Metering Credits are produced.

Net Metering Credits 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 Credits has the meaning set forth in paragraph 5 of the Background section of this Agreement.

Examples of Net Metering Credits in a sentence

• The Distribution Company shall not be responsible for resolving disputes between the Host Customer and those Customers to whom the Host Customer is allocating Net Metering Credits.

• The reconciliation data will reflect detailed accounting of distribution Net Metering Credits paid to customers and displaced distribution revenue resulting from net metering facilities.

• Notwithstanding any provision herein to the contrary, Customer shall only be obligated to make payments for the Output and Net Metering Credits actually allocated to the Customer under this Agreement for any period during which the System Owner or Customer experiences a Force Majeure Event.

• While the Company’s small hydro cap is open, any Small Hydroelectric Net Metering Facility that seeks Net Metering services must participate in the Small Hydroelectric Net Metering Program and generate Small Hydroelectric Net Metering Credits.

• The Distribution Company shall not be obligated to provide Net Metering services or allocate Standard Net Metering Credits or Market Net Metering Credits valued at 100 percent of net excess kilowatt- hours from a Net Metering Facility of a Municipality or Other Governmental Entity to a Municipality or Other Governmental Entity pursuant to this tariff until the Department has classified the entity as such.

More Definitions of Net Metering Credits

Net Metering Credits shall have the meaning set forth in 220 C.M.R. § 18.00, as implemented by the Tariff.

Net Metering Credits shall have the meaning set forth in R.I. Gen. Laws § 39-26.4- 1 et and any regulations promulgated thereunder, for Renewable Energy Net-Metering credits, as implemented by the Tariff. One unit of Net Metering Credit shall correspond to one kWh of energy production.

Net Metering Credits shall have 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 Credits means the monetary value of the excess electricity generated by a net metering facility, as currently stated as of the Effective Date under “Net Metering Credits” in the Tariff, and is calculated as of the Effective Date by the LDC according to 220 C.M.R.18:04 and the Tariff §1.06, and excluding, for the avoidance of doubt, any Tax Attributes and Environmental Attributes.

Net Metering Credits means the monetary value of the excess electricity generated by a net metering facility, as currently stated as of the Effective Date under “Net Metering Credits” in the Tariff, and is calculated as of the Effective Date by the LDC according to 220 C.M.R. 18:04 and the Tariff §1.06.

Net Metering Credits 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 Local Distribution Company's Tariffs.

Net Metering Credits means a monetary credit paid, or provided, by the Local Electric Utility, pursuant to the Net Metering Rules, or any Applicable Law based on, incorporating, or subject to, the Net Metering Rules or the Net Metering Tariff.