Virtual Net Metering means an arrangement whereby entire energy generated/injected from a Renewable Energy System or Battery Energy Storage System (BESS) charged through Renewable Energy System is exported to the grid from renewable energy meter/ gross meter and the energy exported is adjusted in more than one electricity service connection(s) of participating consumers located within the same distribution licensee’s area of supply;
Virtual Net Metering means an arrangement whereby entire electricity generated from a Solar Project installed at Consumer premise or any other location is injected through Solar Electricity Meter and the electricity exported is adjusted in either one or more than one electricity service connection(s) of participating Consumer(s) located within the same Distribution Licensee’s area of supply.
Virtual Net Metering means the process of combining the electric meter readings and billings, including any virtual net metering credits, for a municipal, state or agricultural customer host and a beneficial account related to such customer host's account through an electric distribution company billing process related [solely] to the generation service charges and a declining percentage of the transmission and distribution charges on such billings;
Examples of Virtual Net Metering in a sentence
This means that households in “core housing need” are too often forced to choose which basic needs they will meet.
In Virtual Net Metering consumers can be beneficial owners of a part of a collectively owned solar system.
The proposed project would not qualify under Connecticut’s Agricultural Virtual Net Metering Program because an agricultural virtual net metering facility is defined under CGS §16- 244u(a)(7)(B) as having a nameplate capacity rating of 3 MW or less.
The State Government shall work with DERC to develop Virtual Net Metering framework for all consumers not later than 1-April-2017.
The recent change in legislation to allow Virtual Net Metering in affordable housing (Chapter 26.4 of Title 39 of the General Laws of Rhode Island (RIGL), entitled “Net Metering” and more specifically “Community Remote Net Metering” as defined at RIGL Sec.
More Definitions of Virtual Net Metering
Virtual Net Metering means the process of combining the electric meter readings and billings, including any virtual net metering credits, for a customer host and a beneficial account through an electric distribution company billing process related solely to the generation service charges on such billings;
Virtual Net Metering means a renewable energy system that is installed on private or public property where the off-taker of the electricity is a municipality, public school, state or quasi-state public entity pursuant to R.I. Gen. Laws §39-26.4-1 et seq.
Virtual Net Metering means an arrangement whereby entire energy generated/injected from a GISS or Battery Energy Storage System (BESS) charged through Renewable Energy System, is exported to the grid from renewable energy meter / gross meter and the energy exported is either (i) adjusted in the total consumption of fully subsidized consumers or (ii) adjusted in more than one electricity connection(s) of participating consumers located within the same distribution licensee’s area of supply. Participating consumers are the consumers whose service connections are selected by the GISS consumer / generator / prosumer on his own option, for the purpose of adjustment of energy generated from such GISS.”
Virtual Net Metering means an arrangement whereby entire energy generated/injected from a GISS or Battery Energy Storage System (BESS) charged through Renewable Energy System, is exported to the grid from renewable energy meter / gross meter and the energy exported is either
Virtual Net Metering means an arrangement whereby entire energy generated/injected from a Renewable Energy System or Battery Energy Storage System (BESS) charged through Renewable Energy System is
Virtual Net Metering means a renewable energy system that is installed on private or public
Virtual Net Metering means an arrangement by which energy generated by the System in excess of Buyer’s consumption on the Project Site is delivered to the Local Electric Utility in consideration for credits that can be applied against invoices for retail electric service provided by one or more utilities at other location(s), to the extent provided under Applicable Law (e.g., M.G.L. ch. 164, Section 1G et seq.) as in effect on the date hereof.