Neutrality Charges definition

Neutrality Charges means Balancing Neutrality Charges and Reconciliation Neutrality Charges;
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Neutrality Charges means the amount of money for balancing that shall be paid by or to the balance responsible party concerned according to the principle of neutrality;
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Examples of Neutrality Charges in a sentence

  • Balancing Neutrality Charges shall be invoiced monthly as part of the Balancing Group invoicing process.

  • The Market Area Manager shall calculate the SLP Balancing Neutrality Charges payable by a Balancing Group Manager by multiplying the Balancing Group Manager's SLP offtakes as recorded for energy balancing purposes by the applicable SLP Balancing Neutrality Charge as modified from time to time.

  • Certain of the costs incurred by Transco NTS in connection with Margins Gas Procurement Arrangements and in utilising Operating Margins in accordance with this Section K will subsequently be recovered from Users by virtue of the inclusion of the Daily Margins Recovery Amount in the calculation of Balancing Neutrality Charges under Section F.

  • Balancing Neutrality Charges shall be invoiced monthly as part of the Bal- ancing Group invoicing process.

  • The Market Area Manager shall calculate the SLP Bal- ancing Neutrality Charges payable by a Balancing Group Manager by multiplying the Balancing Group Manager's SLP offtakes as recorded for energy balancing purposes by the applicable SLP Balancing Neutrality Charge as modified from time to time.

  • The cash flows paid to or by Shipper Users as part of the System Clearing Contract are included as a Daily Imbalance Charge* and Balancing Neutrality Charges* within the Balancing Invoice*.

  • Certain of the costs incurred by National Grid NTS in connection with Margins Gas Procurement Arrangements and in utilising Operating Margins in accordance with this Section K will subsequently be recovered from Users by virtue of the inclusion of the Daily Margins Recovery Amount in the calculation of Balancing Neutrality Charges under Section F.

  • These Users inadvertently received a payment arising from the treatment of that part of the Capacity Revenue Neutrality Charges associated with interruptible and within day obligated Entry capacity during the period October to December 2020; • The credit charge will re-distribute the revenue collected via the transitional debit charges to all holders of Fully Adjusted Available Entry Capacity (except Existing Available Holding) over the period 01 February 2021 to 30 September 2021 (inclusive).

  • It is important to note that Balancing Neutrality Charges ensure that National Grid does not gain or lose from any of the charges associated with clearing and balancing the system.

  • The Market Area Manager shall be entitled to levy appropriate advance payments in respect of the Balancing Neutrality Charges already incurred for the Balancing Group Manager and/or the Conversion Neutrality Charges for Balancing Groups.

Related to Neutrality Charges

  • Electricity Charges means service charges in respect of the provision of electricity.

  • Transportation Costs means a component of the Charges, comprising those charges payable to the TNO and/or DNO for the use of their networks as applicable from time to time under the Industry Agreements including those charges more specifically referred to as “DUoS” and “TNUoS” and specified as “Included in the Unit Rate”, “Fixed” or “Pass-Through” in the Quotation Document or as otherwise notified to you as payable during the Supply Contract from time to time;

  • Punchlist Items means any items necessary at the time of the issuance of a temporary certificate of occupancy to complete fully the renovation of the Project Facilities in accordance with the Plans and Specifications for the Project Facilities, or required for the issuance of a final certificate of occupancy or its equivalent.

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Meter means a device which records the demand and/or the electrical energy consumed and includes conventional and prepayment meters;

  • Operation and Maintenance Costs means the costs of:

  • Cost Estimate means the detailed projected expenditure, including material costs and overhead, equipment costs and overhead, labor costs and overhead, and all taxes associated with each major material and service component, required for a line extension. It shall also separately identify any incremental costs associated with providing premium services. The Company may, for the purpose of standardization, establish standard construction cost estimates, for basic or premium service plans, which shall not exceed, in any event, the average cost of constructing such line extensions in the area involved, in which case the term “cost estimate” as used in this section will be understood to mean the standard estimate thus established.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Monthly Service Fee means a monthly charge to a member for continuing care and not as rent, or a daily prorated portion thereof.

  • Allocation Area means that part of a redevelopment project area to which an allocation provision of a declaratory resolution adopted under section 15 of this chapter refers for purposes of distribution and allocation of property taxes.

  • Wasteload allocation or "wasteload" or "WLA" means the portion of a receiving surface water's loading or assimilative capacity allocated to one of its existing or future point sources of pollution. WLAs are a type of water quality-based effluent limitation.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • Engineer-in-charge means the officer nominated by the company in the Civil Engineering cadreI discipline who is competent to direct supervisors and authorised to be in charge of the works for the purpose of this contract. The Engineer in Charge IDesignated Officer in Charge who is of an appropriate seniority, will be responsible for supervising and administering the contract, certifying payments due to the contractor, valuing variations to the contract, awarding extension of time and valuing compensation events. The Engineer in Charge IDesignated Officer in Charge may further appoint his representatives i.e. another personIProject Manager or any other competent person and notify to the contractor who is directly responsible for supervising the work being executed at the site, on his behalf under their Delegation of Powers of the company. However, overall responsibility, as far as the contract is concerned ,will be that of the Engineer in ChargeIDesignated Officer in Charge.