Standard Offer Program definition

Standard Offer Program means a program under which a utility administers standard offer contracts between the utility and energy efficiency service providers.
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Standard Offer Program or “SOP” shall mean a program under which a utility administers standard offer contracts between the utility and the Project Sponsor.
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Standard Offer Program or “SOP” means a program or mechanism, established by a provincial government or an entity created by such government for such purpose, through which a standard and simplified contracting process and contractual terms are provided for independent power producers to enter into PPAs for relatively small renewable electricity generating projects;
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Examples of Standard Offer Program in a sentence

  • Pollution Free™ electricity: If you are enrolled on Pollution Free, Pollution Free Efficient, or Pollution Free Standard Offer Program electricity, Green Mountain ensures that electricity equal to 100% of your electricity usage is produced by wind power generation facilities located in the United States.

  • It can be either positive or negative, charged or paid to the LDCs who will settle the contracts with the individual suppliers.The Standard Offer Program Balancing Amount charge type 1460 can be either a payment by the OPA to the IESO to compensate it for payments it makes for this Renewable Energy Standard Offer Program, or a payment by the IESO to the OPA to pass on amounts collected under charge type 1410.

  • The Clean Energy Standard Offer Program (CESOP) will support small clean energy generating alternatives including combined heat and power and electricity generated as a by-product of another process.

  • The Renewable Energy Standard Offer Program (RESOP) supports small renewable energy generating alternatives including Wind, Biomass, Small Hydro and Solar Photovoltaic embedded within a LDC.

  • Therefore two new charge types have been added: • Clean Energy Standard Offer Program Settlement Amount (charge type 1411); and • Clean Energy Standard Offer Program Balancing Amount (charge type 1461).

  • It can be either positive or negative, charged or paid to the LDCs who will settle the contracts with the individual suppliers.The Clean Energy Standard Offer Program Balancing Amount Charge can be either a payment by the OPA to the IESO to compensate it for payments it makes for this Clean Energy Standard Offer Program, or a payment by the IESO to the OPA to pass on amounts collected under charge type 1411.

  • The Standard Offer Program Settlement Amount Charge represents the difference between the amount paid to the supplier for electricity produced calculated at market prices, and the amount calculated at the contract price.

  • The following charge types were added: • Renewable Energy Standard Offer Program Settlement Amount (charge type 1410); and • Renewable Energy Standard Offer Program Balancing Amount (charge type 1460).

  • The general approach to master- slave chaotic map synchronization is demonstrated on the one dimensional chaotic tent map.

  • The Clean Energy Standard Offer Program Settlement Amount Charge represents the difference between the amount paid to the supplier for electricity produced calculated at market prices, and the amount calculated at the contract price.


More Definitions of Standard Offer Program

Standard Offer Program or “SOP” means a program or mechanism, established by a provincial government or an entity created by such government for such purpose, through which a standard and simplified contracting process
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Related to Standard Offer Program

  • Standard offer capacity price or "SOCP" means the capacity

  • Rights Offering Procedures means the procedures with respect to the Rights Offering that are approved by the Bankruptcy Court pursuant to the Disclosure Statement Order and shall be in form and substance reasonably acceptable to the Debtors and the Required Backstop Parties.

  • Last best offer package means the offer exchanged by parties not less than 14 days prior

  • Permitted Offer means a tender offer pursuant to the terms of which the offeror offers to acquire a debt obligation (including a Collateral Loan) in exchange for consideration consisting of (x) Cash in an amount equal to or greater than the full face amount of the debt obligation being exchanged plus any accrued and unpaid interest or (y) other debt obligations that rank pari passu or senior to the debt obligation being exchanged which have a face amount equal to or greater than the full face amount of the debt obligation being exchanged and are eligible to be Collateral Loans plus any accrued and unpaid interest in Cash.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Corporation, at a redemption price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of shares of a Series of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a continuous period of six (6) months during which such VRDP Shares are tendered for Remarketing on each Business Day in accordance with the Related Documents but cannot be successfully remarketed (i.e., a Failed Remarketing Condition-Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Corporation on a first-in, first-out basis, in accordance with and subject to the provisions of the Fee Agreement and these Articles Supplementary.

  • Market/Offer Price means the highest of (i) the price per share of Common Stock at which a tender or exchange offer therefor has been made, (ii) the price per share of Common Stock to be paid by any third party pursuant to an agreement with Issuer, (iii) the highest closing price for shares of Common Stock within the six-month period immediately preceding the date the Holder gives notice of the required repurchase of this Option or the Owner gives notice of the required repurchase of Option Shares, as the case may be, or (iv) in the event of a sale of all or any substantial part of Issuer's assets or deposits, the sum of the net price paid in such sale for such assets or deposits and the current market value of the remaining net assets of Issuer as determined by a nationally recognized investment banking firm selected by the Holder or the Owner, as the case may be, and reasonably acceptable to Issuer, divided by the number of shares of Common Stock of Issuer outstanding at the time of such sale. In determining the market/offer price, the value of consideration other than cash shall be determined by a nationally recognized investment banking firm selected by the Holder or Owner, as the case may be, and reasonably acceptable to Issuer.

  • Initial Offer Price means the initial price payable for a Share as specified in the relevant Supplement for each Fund.

  • DTC/FAST Program means the DTC’s Fast Automated Securities Transfer Program.

  • Failed Remarketing Condition means a Failed Remarketing Condition-Purchased VRDP Shares or a Failed Remarketing Condition-Unpurchased VRDP Shares.

  • Failed Remarketing Condition—Purchased VRDP Shares means that the Liquidity Provider acquires and continues to be the beneficial owner for federal income tax purposes of any shares of a Series of VRDP Shares in connection with purchases made pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) on any Purchase Date, including shares of a Series of VRDP Shares that the Liquidity Provider continues to be the beneficial owner of for federal income tax purposes after the expiration or termination of the VRDP Shares Purchase Agreement.

  • Initial Offer Period means the period determined by the Directors during which Shares of any class are offered by the ICAV for purchase or subscription at the Initial Price.

  • Third Party Offer has the meaning set out in Section 6.4;

  • Final Offer means the offer on which a resource was dispatched by the Office of the Interconnection for a particular clock hour for the Operating Day.

  • Optional Interconnection Study means a sensitivity analysis of an Interconnection Request based on assumptions specified by the Interconnection Customer in the Optional Interconnection Study Agreement.

  • Net Proceeds Offer Trigger Date has the meaning set forth in Section 4.16.

  • Award Transfer Program means any program instituted by the Committee which would permit Participants the opportunity to transfer any outstanding Awards to a financial institution or other person or entity approved by the Committee.

  • Underwritten Offering Notice has the meaning set forth in Section 2(b).

  • Qualified Offering in Section 1.1 of the Securities Purchase Agreements is deleted and replaced with the following:

  • Net Offering Proceeds means all cash or other assets received by General Partner or Borrower as a result of the issuance or sale of common shares of beneficial interest, preferred shares of beneficial interest, partnership interests, preferred partnership units, limited liability company interests, Convertible Securities or other ownership or equity interests in General Partner or Borrower less customary costs and discounts of issuance paid by General Partner or Borrower, as the case may be.

  • Rights Offering shall have the meaning set forth in the recitals hereof.

  • Initial Offer means the initial offer of Participating Shares in a Fund as set out in the applicable Supplement;

  • Remarketing Procedures means the procedures for conducting Remarketings set forth in Part II of these Articles Supplementary.

  • Failed Remarketing Condition—Unpurchased VRDP Shares means that a Beneficial Owner (other than the Liquidity Provider or its affiliates) continues to hold VRDP Shares, that were subject to a valid Tender, after any Purchase Date as a result of the failure by the Liquidity Provider for any reason to purchase such VRDP Shares pursuant to the Purchase Obligation (whether as a result of an unsuccessful Remarketing or a Mandatory Purchase) ("Unpurchased VRDP Shares"), until such time as all Outstanding Unpurchased VRDP Shares are (i) successfully Remarketed, (ii) purchased by the Liquidity Provider pursuant to the Purchase Obligation, or (iii) if not successfully Remarketed or purchased by the Liquidity Provider pursuant to the Purchase Obligation, the subject of a validly tendered Notice of Revocation (or any combination of the foregoing); and any Unpurchased VRDP Shares shall be deemed tendered for Remarketing until the earliest to occur of the foregoing events (i), (ii) or (iii) with respect to such Unpurchased VRDP Shares.

  • Failed Remarketing means, with respect to any reset date for a class of reset rate notes, the situation where: • the remarketing agent, in consultation with the administrator, cannot establish one or more of the terms required to be set on the Remarketing Terms Determination Date, • the remarketing agent is unable to establish the related Spread or fixed rate on the Spread Determination Date, • the remarketing agent is unable to remarket some or all of the tendered reset rate notes at the Spread or fixed rate established on the Spread Determination Date, or committed purchasers default on their purchase obligations, and the remarketing agent, in its sole discretion, elects not to purchase the applicable reset rate notes themselves, • the remarketing agent, in consultation with the administrator, is unable to obtain one or more swap agreements meeting the required criteria, if applicable, • certain conditions specified in the remarketing agreement are not satisfied, or • any applicable Rating Agency Condition has not been satisfied.

  • Purchase Offer shall have the meaning assigned to such term in Section 2.25(a).

  • Qualified Offer shall have the meaning set forth in Section 11(a)(ii) hereof.