Wheeled Energy definition
Examples of Wheeled Energy in a sentence
If Eskom fails to provide the Municipality with meter readings for any period within the prescribed time or in the prescribed format, the relevant Wheeled Energy will be deemed to be zero for the corresponding Billing Period.
Should the Surplus Wheeled Energy materially exceed the Deficit Wheeled Energy over a 12-month period, the City reserves the right to limit the Surplus Wheeled Energy it will purchase under the greening mechanism.
In the event of the Customer not being able to receive Electrical Energy for whatsoever reason, Wheeled Energy which is not balanced with Total Consumed Energy will be considered to be Surplus Wheeled Energy.
Unless the Municipality has agreed in writing to compensate the Customer for Surplus Wheeled Energy for purposes of Greening of Electricity, Surplus Wheeled Energy will be taken at zero price.
The Customer shall be entitled to nominate the allocation of Wheeled Energy to be supplied by the Third Party Supplier in accordance with the provisions of Schedule 3 of this Agreement, which nomination and allocation the Customer must ensure aligns with the PPA and will be subject to [insert applicable Municipal By-Law or Municipal Wheeling Policies].
Deficit Wheeled Energy will be charged and Surplus Wheeled Energy will be credited at applicable NERSA approved Prescribed Tariffs as published, subject to clause 10.4..
If such verification is not provided to the satisfaction of the City, the City reserves the right to cease Surplus Wheeled Energy purchases under the greening mechanism.
The Municipality may develop as part of a Nomination Protocol or otherwise, a re-allocation mechanism allowing the Customer to reallocate Wheeled Energy if a specific nominated Off-taker is unable to consume allocated Wheeled Energy due to Load Shedding, if possible.
In the event of a Third Party Supplier(s) not being able to inject Electrical Energy into the Electrical Grid for whatsoever reason, Consumed Energy which is not balanced with Wheeled Energy will be accounted for as Deficit Wheeled Energy.
Unless the City has agreed in writing to compensate the Consumer for Surplus Wheeled Energy to enable to Consumer to green their Consumed Energy, Surplus Wheeled Energy will be taken at zero price.