REC Charge definition

REC Charge means the charge payable by the You in satisfaction of Our obligations to purchase and surrender LGCs and STCs under the Renewable Energy Act"Relevant Regulations" means the regulations that are relevant to Our supply of electricity to You under this Contract and include the Customer Contracts Regulations.
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REC Charge means the charge payable by the Buyer in satisfaction of Change Energy’s obligations to purchase and surrender LGCs and STCs under the Renewable Energy Act calculated by reference to the renewable energy certificate market price of LGCs and STCs. Regulations means the statutes, subsidiary legislation and legislative instruments governing the Western Australian electricity market from time to time. Renewable Electricity Equipment means, with respect to a Site, renewable electricity generation equipment or batteries connected or to be connected to Buyer Facilities at the Site. Renewable Electricity Supply means the Surplus Electricity exported to the Network in accordance with
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REC Charge means the charge payable by the Buyer in satisfaction of PE’s obligations to purchase and surrender LGCs and STCs under the Renewable Energy Act calculated by reference to the renewable energy certificate market price of LGCs and STCs. Regulations means the statutes, subsidiary legislation and legislative instruments governing the Western Australian electricity market from time to time. Renewable Electricity Equipment means, with respect to a Site, renewable electricity generation equipment or batteries connected or to be connected to Buyer Facilities at the Site. Renewable Electricity Supply means, for a Billing Period, the Surplus Electricity exported to the Network during the Billing Period in accordance with this Agreement, aggregated across all Sites at which Renewable Electricity Equipment is connected to Buyer Facilities.
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Examples of REC Charge in a sentence

  • By accepting Electric Service under the Agreement, the Customer agrees to pay the Monthly REC Charge.

  • To facilitate thebroadband to take part, having a video on was optional throughout the workshop.

  • The Authority may, in its discretion, include the Monthly REC Charge as part of the monthly bills for Electric Service as provided for in the Agreement, or xxxx the Customer for the Monthly REC Charge pursuant to another Authority-established procedure.

  • Nothing in this Schedule E shall be construed as preventing the Parties from entering into other agreements for an alternative arrangement for the Authority to meet the Annual REC Percentage Target with respect to the Customer’s Allocation, including but not limited to Customer self-supply of RECs, alternative REC compliance programs and cost allocation mechanisms, in lieu of the Monthly REC Charge provided in this Schedule E (collectively, “Alternative REC Compliance Program”).

  • The Monthly REC Charge is in addition to all other charges, fees and assessments provided in the Agreement, Service Tariff No. WNY-2 and the Rules.

  • The Monthly REC Charge is part of a RES Compliance Program that the Authority has adopted for the purpose of complying with the CES and Tier 1 of the RES and implementing the EP and RP power programs in a manner that is consistent with the New York State Energy Plan, pursuant to which the Authority will invest in new renewable generation resources to serve its EP and RP customers.

  • Notwithstanding any other provision of the Agreement, or any provision of Service Tariff No. WNY-2 or the Rules, as of January 1, 2019, the Customer shall be subject to a Monthly REC Charge as provided in this Schedule E.

  • Each month, the Authority will assess to the Customer, as a Monthly REC Charge, which will represent the Customer’s share of the Total Monthly REC Costs assessed to the Total Monthly EP-RP Load.

  • BILL: CUSTOMER Bill under applicable rate schedule + REC Charge RATE: TERMS AND CONDITIONS: 1.

  • Each month, the Authority will assess to the Customer, as a Monthly REC Charge, which will represent the Customer’s share of the Total Monthly REC Costs assessed to the Total Monthly PP Load.


More Definitions of REC Charge

REC Charge means the charge payable by the Buyer in satisfaction of Perth Energy‟s obligations to purchase and surrender LGCs and STCs under the Renewable Energy Act calculated by reference to the renewable energy certificate market price of LGCs and STCs. Related Body Corporate has the same meaning as in the Corporations Act. Regulatory Charges means the:
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Related to REC Charge

  • Room charge means the charge imposed for the use or occupancy of a room, excluding charges for food, beverages, state use tax, telephone service, or like services paid in connection with the charge, and excluding reimbursement of the assessment imposed by this act.

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

  • Monthly Charge shall have the meaning set forth in Article 5.

  • User charge means a charge imposed on airlines for the provision of airport, air navigation, or aviation security facilities or services including related services and facilities.

  • No Charge Bid When Bids are requested on a number of Products as a Group or Lot, a Bidder desiring to Bid “no charge” on a Product in the Group or Lot must clearly indicate such. Otherwise, such Bid may be considered incomplete and be rejected, in whole or in part, at the discretion of the Commissioner.

  • Service Charge means the amount charged for making a service available on line and is in addition to the actual fee for a service itself. For example, one who renews a license on line will pay the license renewal fee and a service charge.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Facility Charge means one percent (1%) of the Maximum Term Loan Amount.

  • Sales Charge and "Dealer Commission" apply only to the Load Funds and the CDSC Funds. All commissions and concessions are subject to change without notice by us and will comply with any changes in regulatory requirements. You agree that you will not combine customer orders to reach breakpoints in commissions for any purpose whatsoever unless authorized by the Prospectus or by us in writing.

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • Adviser Charge : means the fee agreed with your financial adviser in remuneration for the personal recommendation received prior to submission of an Application Form.

  • Capacity Charge means a charge for public facilities in existence at the time a charge is imposed or charges for new public facilities to be acquired or constructed in the future that are of proportional benefit to the person or property being charged, including supply or capacity contracts for rights or entitlements, real property interests, and entitlements and other rights of the local agency involving capital expense relating to its use of existing or new public facilities. A “capacity charge” does not include a commodity charge.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Account Charge means, in relation to each of the Charged Accounts, the first priority fixed charge or pledge over all such accounts given or to be given by the relevant account holder thereof in favor of and in form and substance satisfactory to the Security Trustee.

  • Additional Charge has the meaning given to it in the Management Agreement; ‘Agreement’ means this agreement including background recitals and the Schedules as may be amended pursuant to clause 16.3;

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Energy Charge means a charge for each kilowatt-hour (kWh) of electrical energy;

  • Penalty Charge means a penalty charge which is payable by virtue of paragraph 3(1) and (2) of Schedule 3 to this Act;

  • Non-Cash Charges has the meaning specified in the definition of the term “Consolidated EBITDA”.

  • Hire Charge or “Hire Charges” means the rates and charges payable by You for the hire of the Equipment.

  • transaction charge means any amount charged to a client by a registered firm in respect of a purchase or sale of a security and includes any federal, provincial or territorial sales taxes paid on that amount;

  • Surrender Charge means a charge levied on the Fund Value at the time of surrender of the Policy.

  • Management Charge means the sum paid by the Supplier to the Authority being an amount of half (0.5) percent of all Charges for the Services invoiced to the Contracting Bodies (net of VAT) in each Month throughout the Term and thereafter until the expiry or earlier termination of any Call-Off Contract;

  • Legal Charge means the legal charge over the Land to be entered into by the Academy Trust in favour of the Secretary of State, in a form and substance satisfactory to the Secretary of State.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Access Charge has the meaning set out in Clause 6.1;