Examples of Renewable Rate in a sentence
The Parties agree that the neither the Renewable Rate, the Storage Rate nor the Test Energy Rate are subject to adjustment or amendment if Seller fails to receive any Tax Credits, or if any Tax Credits expire, are repealed or otherwise cease to apply to Seller or the Facility in whole or in part, or Seller or its investors are unable to benefit from any Tax Credits.
Availability:The Renewable Rate Rider (RRR) is available to customers on a first come first serve subscription basis to customers choosing to supply 100 percent of their annual electric kWh purchases with renewable energy.
If applicable, the Renewable Rate shall be subject to a Settlement Point adjustment.
Buyer shall have the right to order Seller to curtail deliveries of Generating Facility Energy, provided that Buyer shall pay Seller for all Deemed Delivered Energy associated with such Buyer-directed curtailments in excess of the Curtailment Cap at the Renewable Rate, subject to the Annual Excess Energy provisions.
Buyer shall have the right to order Seller to curtail deliveries of Facility Energy, provided that Buyer shall pay Seller for all Deemed Delivered Energy associated with such Buyer-directed curtailments in excess of the Curtailment Cap at the Renewable Rate, subject to the Annual Excess Energy provisions.
If Seller fails to achieve the Guaranteed Energy Production amount in any Performance Measurement Period, Seller shall pay Buyer liquidated damages equal to (a) the difference of the Guaranteed Energy Production less the Adjusted Energy Production, multiplied by (b) the replacement price for the energy and RECs less the Renewable Rate.
Buyer shall pay Seller the Renewable Rate for each MWh of Product, as measured by the amount of Facility Energy, up to one hundred fifteen percent (115%) of the Expected Energy for each Contract Year.
Although participation in PSNH’s Renewable Rate program has been relatively low for the first twelve months of the program’s operation, we agree with PSNH, Staff, and the OCA that it is worthwhile for PSNH to continue promoting the program to increase customer participation.
Order No. 25,080 also approved the process whereby PSNH would change its Renewable Rate tariff on January 1, or July 1 of each year or on such dates as PSNH’s default energy service rate changes.
On November 29, 2011, Public Service Company of New Hampshire (PSNH or Company) filed a petition to revise its renewable default energy service rate (Renewable Rate).