Utility Credits definition

Utility Credits means the value in dollars of the Energy Output in any Billing Cycle determined by the Utility with reference to the applicable components of the Value Stack (as defined in the VDER Program Orders, including any successor compensation mechanism) and any other Applicable Law and the applicable Program Tariff, as applied to the Accounts, and set forth on an invoice received by the Purchaser from the Utility for the applicable Billing Cycle.
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Utility Credits means the monetary value measured in dollars of the Energy output (in kWh) of the Solar Facility in a Billing Cycle, determined in accordance with the VDER Program Orders (including all applicable components of the Value Stack (as defined in the VDER Program Orders)) and all other Applicable Legal Requirements, and set forth on an invoice received from the LEDC for the applicable Billing Cycle, which invoice shall be conclusive evidence of the Utility Credits absent manifest error or change in Applicable Legal Requirements.
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Examples of Utility Credits in a sentence

  • Credit shall mean a conditional reduction allowed against the stormwater user fee charged to an individual parcel based upon the technical requirements and the design and performance standards contained in the Stormwater Utility Credits Manual or other credits manual as may be adopted by the city, and as may be updated or amended from time to time.

  • Subject to Applicable Legal Requirements, Buyer shall provide Seller access to Buyer’s Accounts solely for purposes of verifying the Utility Credits that are allocated to Buyer’s Account.

  • Seller shall invoice Buyer on a monthly basis for the total Price due and payable to Seller during the Billing Cycle for the Utility Credits allocated and credited to Xxxxx’s Accounts for the immediately preceding month, and Buyer shall make payment within thirty (30) days of its receipt of such invoice from Seller.

  • Commencing on the Credit Start Date continuing until the last day of the Term, Xxxxx agrees to purchase, receive, accept and pay Seller for the Buyer Percentage of the Utility Credits generated by the Solar Energy Facility, as measured on a billing cycle basis (as such billing cycle is established by the LEDC) (the “Billing Cycle”).

  • For each Billing Cycle, Buyer shall pay Seller the Buyer Percentage of the Utility Credits generated by the Solar Energy Facility for such Billing Cycle, multiplied by ninety percent (90%).

  • The Parties understand and agree that it is an essential purpose of this Agreement that Seller be eligible to allocate Utility Credits to Buyer’s Accounts, and that Buyer be eligible to receive, use and compensate Seller for such allocated Utility Credits, all as set forth herein.

  • Given Gateway South’s cost and the 21 Sierra Club, on page one of its Opening Comments, highlights this “disconnect between the generation and transmission sections of the Action Plan.”22 OCS February 4, 2020 Comments at 6.

  • Therefore, the reentry was studied by numerous imaging and spectroscopic instruments onboard NASA's DC-8 Airborne Laboratory in order to measure surface and plasma radiation generated by Hayabusa.

  • Purchaser shall provide Seller with at least forty-five (45) days prior notice of Purchaser’s intention to close or substitute any of the Designated Accounts, and concurrently with such notice Purchaser shall designate one or more substitute Accounts to which an equivalent amount of Utility Credits as the closed or substituted Accounts should be allocated, and each such designated replacement Account shall thereafter be deemed to be a Designated Account without need for any amendment of this Agreement.

  • The Justice Department has pursued two cases under Lacey, both against Gibson Guitars, which were settled successfully in August2012.

Related to Utility Credits

  • 4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • Availability Credit means the remedy IBM will provide for a validated Claim. The Availability Credit will be applied in the form of a credit or discount against a future invoice of subscription charges for the Service.

  • Renewable Energy Credits means a certificate, credit, allowance, green tag, or other transferable indicia, howsoever entitled, allocated, assigned or otherwise awarded or certified by any Governmental Authority, program administrator, certification board or similar entity in connection with the production or generation of each MWh of energy from the Project. For the avoidance of doubt, “Renewable Energy Credits” shall not include any ITC, State Renewable Energy Incentives or other tax benefits, credits, or incentives.

  • Utility line means any item of public or private property which is buried or placed below ground

  • Emission Reduction Credits means emission reductions that have been authorized by a local air pollution control district pursuant to California Health and Safety Code, Division 26 Air Resources, Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Utility facility or “facility” means any physical component of a system, including but not limited to the poles, pipes, mains, conduits, ducts, cables, wires, transmitters, plant, equipment and other facilities, located within, under or above the rights of way, any portion of which is used or designed to be used to deliver, transmit or otherwise provide utility service.

  • Utility Charges means water, sewer, electricity, gas and other utility charges, if any, applicable to the Real Property or the Leased Real Property;

  • electrical installation means an electrical installation as defined in the Regulations;

  • Utility service means the transportation or transmission of natural gas or electricity by means of mains, wires, lines or pipes, to users or customers.

  • Credits means the Federal and State Housing Tax Credit program.

  • Utility means the Project if the Project is or upon completion of construction of the Project, will be a facility which generates revenues from fees, charges or taxes associated with the use of the facility.

  • Utility Services means any products, services, and equipment related to energy, telecommunications,

  • Service Level Credit is defined in Section 8.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Utility system means electrical equipment owned by or under the control of a serving utility that is used for the transmission or dis- tribution of electricity from the source of supply to the point of contact and is defined in section 90.2 (b)(5) of the National Electri- cal Code, 1981 edition (see RCW 19.28.010(1)).

  • Utility Facilities means the plant, equipment and property, including but not limited to, the poles, pipes, mains, conduits, ducts, cables, fiber optic cables, circuits, wires, lines, plant and equipment located under, on or above the surface of the ground within the Public Ways of the City and used or to be used for the purpose of providing utility services or Telecommunications Services.

  • utility structure means transmission and distribution lines

  • Tax Credits means any and all (a) investment tax credits, (b) production tax credits and (c) similar tax credits or grants under federal, state or local law relating to the construction, ownership or production of energy from the System.

  • Utility pole means a pole that provides:

  • Electric System Upgrades means any Network Upgrades, Distribution Upgrades, or Interconnection Facilities that are determined to be necessary by the CAISO or Participating Transmission Owner, as applicable, to physically and electrically interconnect the Project to the Participating Transmission Owner’s electric system for receipt of Energy at the Point of Interconnection (as defined in the CAISO Tariff) if connecting to the CAISO Grid, or the Interconnection Point, if connecting to a part of the Participating TO’s electric system that is not part of the CAISO Grid.

  • Security Credentials means the personalised security features we require you to use now or in future to

  • Letter of Credit Account means the account established by the Borrower under the sole and exclusive control of the Administrative Agent maintained at the office of the Administrative Agent at 200 Xxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 designated as the “Delphi Letter of Credit Account” that shall be used solely for the purposes set forth herein.

  • Utility vehicle means a motor vehicle that is (i) designed for off-road use, (ii) powered by an

  • Drainage system means one or more artificial ditches, tile drains or similar devices which collect surface runoff or groundwater and convey it to a point of discharge.