Virtual Net Metering definition

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 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

• In Virtual Net Metering consumers can be beneficial owners of a part of a collectively owned solar system.

• 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.

• The State Government shall work with DERC to develop Virtual Net Metering framework for all consumers not later than 1-April-2017.

• The review and (if needed) potential modification of all NEM tariff schedules should be considered to be within the scope of this proceeding, including but not limited to Virtual Net Metering (VNEM), NEM aggregation (NEMA), and other NEM tariffs applicable to fuel cell customer-generators who use non-renewable fuel.

• Huelz Gutcheon, Ashland, OR – would like to see a City ordinance that requires universal electric vehicle (EV) charging wiring for all new constructions.Jeff Sharpe, Ashland, OR – updated the Commission projects that he and his partner Tomas Endicott have been working on that utilize the City’s Virtual Net Metering ordinance and the 30 percent federal tax credit.

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 modality whereby entire energy generated from a Renewable Energy Generating System is exported to the grid from Renewable energy meter or gross meter and the energy exported is adjusted in either one or more than one participating Residential consumer(s) including common connection of housing society located within the same Distribution Licensee’s area of supply.”

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

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

Virtual Net Metering means an arrangement whereby entire energy generated from a renewable energy generation project installed at Consumer premise or any other location is injected through Solar Energy Meter and the energy 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 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 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;