Production Meter definition
Examples of Production Meter in a sentence
Title to and risk of loss related to the Energy shall transfer from the Customer to the Company at and after the Energy is delivered to the Production Meter.
A single-line and three-line drawing showing: (a) the electrical relationship and descriptions of the significant electrical components such as the inverter, primary switchgear, secondary switchboard, protective relays, transformers, generators, circuit breakers, with operating voltages, capacities, and protective, (b) the Customer’s loads, and (c) the interconnection with the Company’s System which is typically the Production Meter.
Upon issuance of the Permit to Operate and during the term of the Agreements, Customer shall sell and the Company shall purchase all of: (a) the Facility’s capacity and (b) the Facility’s Energy output delivered to the Production Meter in commercially reasonable time and size blocks and consistent with the Project Standards.
Payment of such billing shall constitute full adjustment of any claim between the Parties arising from an inaccurate the Production Meter.
The Company shall own, operate and maintain the Company’s System consistent with Prudent Utility Practice to effectuate the Company’s receipt and purchase of the Energy at the Production Meter under the Sales Agreement.