Examples of Net metering period in a sentence
Excess Generation purchased at the end of the Net Metering Period shall be priced on this basis.
After the Cooperative makes all deductions for any outstanding balances and other amounts owed to the Cooperative, the Cooperative shall make full payment for Excess Generation annually to Customer within 30 days following the end of the Net Metering Period.
At the conclusion of each Net Metering Period, and extensions thereof, Excess Generation shall be valued at a price equal to the trailing 12-month average (by tiers for time-of-use customers) of the Cooperative’s avoided cost of energy, including fuel, based on the energy and energy-related charges of its wholesale power suppliers.
Customer, by correspondence dated , has informed the Cooperative that Customer wishes to make a one-time election regarding the sale to the Cooperative of Renewable Energy Certificates (“RECs”) created by its Renewable Fuel Generator [write “Not Applicable” in date line above if Customer is not electing to sell RECs to the Cooperative]; and Whereas, the Cooperative is willing to purchase Customer’s Excess Generation, if any, at the end of the Net Metering Period.
Where Customer has provided the above sixty (60) day notice prior to the end of the then-current Net Metering Period so as to terminate the Agreement effective concurrent with the end of such Net Metering Period, CBEC shall either credit Customer’s Account or pay Customer in accordance with the terms and conditions set forth in the Third Paragraph above, the Excess Generation Value for Excess Generation accrued during such Net Metering Period.