Standard Offer Provider definition

Standard Offer Provider is a provider(s) of standard offer service chosen pursuant to Chapter 301 of the Rules.
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Standard Offer Provider means a provider of standard-offer service chosen pursuant to rules adopted by the commission.
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Examples of Standard Offer Provider in a sentence

  • The following methodology will be utilized by the Company in determining Customer's payment obligations for (i) transmission and distribution service provided by the Company and (ii) electric generation service provided by either the Standard Offer Provider or the Customer’s Competitive Electricity Provider.

  • The Order designating Provider as a Standard Offer Provider will indicate the form or forms of financial security that Provider initially will furnish to T&D in order to satisfy the Base Security requirements, including whether the Base Security amounts will decline during the Term of Service.

  • The standard offer provider is paid its accepted bid price less the applicable fixed percentage amount for uncollectible revenue as specified in Exhibit A to Standard Offer Provider Agreement (Appendix C).

  • Any Facility usage that is not covered by the application of Unused Credits shall be paid for by the Project Sponsor under the Company’s applicable Electric Delivery Rate Schedules and Terms and Conditions on file with the Maine Public Utilities Commission, as well as the Project Sponsor being responsible to pay for the applicable generation service provided by either the Standard Offer Provider or the Facility’s Competitive Electricity Provider.

  • The uncollectible percentage is specified in Exhibit A to the Standard Offer Provider Agreement (Appendix C) and will remain fixed for the provider’s term of service.

  • This Guaranty is written in accordance with Chapter 301of the rules of the Commission to ensure compliance with applicable provisions of that Chapter and of Maine statutes by [Standard Offer Provider], and to ensure the provision of standard offer service in accordance with Maine rules and statutes.

  • The Guarantor shall not be liable for any costs of the Commission or Beneficiary pursuant to this provision if a court determines that [Standard Offer Provider] did not have an obligation to pay the additional costs of replacement standard offer service.

  • Guarantor’s performance of its payment obligation hereunder shall not be affected by or conditioned upon any indemnity, contribution or reimbursement by any other party directly or indirectly liable for obligations of [Standard Offer Provider].

  • This Guaranty unconditionally obligates the Guarantor to pay all obligations of [Standard Offer Provider] for the payment of the additional costs of replacement standard offer service as long as such amounts do not exceed the total amount of this Guaranty.

  • It is recommended that the Department of Health and Wellness, in collaboration with the Home Care Network, re‐examine the funding model by which home support agencies are funded to deliver services in the province to ensure the system is sustainable, and reflects the actual cost of providing care.

Related to Standard Offer Provider

  • 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.

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

  • Company Notice means written notice from the Company notifying the selling Key Holders and each Investor that the Company intends to exercise its Right of First Refusal as to some or all of the Transfer Stock with respect to any Proposed Key Holder Transfer.