Out Energy definition
Out Energy is the kilowatt-hours delivered to the Company's system from the Facility as measured by the Out Meter(s) or a Bi-directional Meter during the Billing Period. "Out Meter(s)" are the metering equipment used to measure the kilowatt-hours delivered from the Facility to the Company's system. For a Facility equal to or greater than 500 kW, a Revenue Quality Meter is required.
Examples of Out Energy in a sentence
The Facility will have metering equipment that is capable of measuring both In Energy and Out Energy.
For each Billing Period of the Facility account described in Paragraph (A) above, Out Energy and In Energy from the Facility will be calculated and reported to the Project Sponsor.
If there is Out Energy during any Facility Billing Period, then such Out Energy shall be applied to Shared Financial Interest Customers’ accounts as described in Paragraph (C) below.