Replacement Energy definition

Replacement Energy means energy purchased by Buyer as replacement for any Delivery Failure relating to the Energy to be provided hereunder.
Replacement Energy means Energy purchased by Buyer as replacement for any Delivery Shortfall.
Replacement Energy means energy produced by a facility other than the Facility that, at the time delivered to Buyer, qualifies under Public Utilities Code 399.16(b)(1), and has Green Attributes that have the same or comparable value, including with respect to the timeframe for retirement of such Green Attributes, if any, as the Green Attributes that would have been generated by the Facility during the Contract Year for which the Replacement Energy is being provided.

Examples of Replacement Energy in a sentence

  • Notwithstanding any termination of this Agreement, all financial obligations that have accrued under this Agreement (including obligations for Replacement Energy Cost) shall remain until paid.

  • An Example illustrating the calculation under certain stated assumptions is set forth in Exhibit I, Replacement Energy Cost Example Calculation.


More Definitions of Replacement Energy

Replacement Energy means Energy, regardless of whether it is produced by a renewable power plant, that may fully replace the Net Energy procured under this Agreement.
Replacement Energy means Energy that is produced by a facility (or facilities) other than the Facility that, at the time delivered to Buyer, (a) is both RPS Compliant and, if applicable, EPS Compliant, and (b) qualifies under California Public Utilities Code Section 399.16(b)(1).
Replacement Energy has the meaning set forth in Section 9.2.
Replacement Energy for any billing month means the sum of the energy associated with the Replacement Demands less Maintenance Energy during the billing month.
Replacement Energy means, at any time, Energy supplied to Buyer by Seller from any resource other than the Facilities to fulfill, in part or in whole, Seller’s obligation hereunder
Replacement Energy has the meaning set forth in Exhibit G. “Replacement Green Attributes” has the meaning set forth in Exhibit G. “Replacement Product” has the meaning set forth in Exhibit G.
Replacement Energy shall have the definition set forth in the Power Purchase Agreement.