Bill Credits. In connection with the delivery of the Regional Partners’ Share, Seller shall issue to each Purchaser, on a monthly basis, bill credits in an amount equal to the product of (a) the Regional Partners’ Share (measured in kWh), multiplied by
Bill Credits. (i) The sole means of payment for each Subscriber Allocation for the calendar month covered by the invoice shall be by a Bill Credit on such Subscriber's retail electric bill. The Bill Credit shall be calculated on the undisputed amount of Subscriber Organization’s invoice, pursuant to Section 2.16(a)(i) of this Agreement. Because not all of Company's customers have the same billing cycle, the timing of the appearance of the Bill Credit will vary with the Subscriber's billing cycle, but Company shall cause the Bill Credit to appear on each Subscriber's retail electric bill no later than the next billing cycle for such Subscriber following the due date for Company's payment to Subscriber Organization for the Unsubscribed RDG on the corresponding invoice. The calendar month upon which the Bill Credit is based shall not necessarily match the billing period for the retail electric service bill in which the Bill Credit is applied.
Bill Credits. The sole means of payment for each Subscriber Allocation for the calendar month covered by the invoice shall be by a Bill Credit on such Subscriber's retail electric bill. The Bill Credit shall be calculated on the undisputed amount of Seller's invoice, pursuant to Section 2.17(a)(i) of this Agreement. Because not all of Company's customers have the same billing cycle, the timing of the appearance of the Bill Credit will vary with the Subscriber's billing cycle, but Company shall cause the Bill Credit to appear on each Subscriber's retail electric bill no later than the next billing cycle for such Subscriber following the due date for Company's payment of Seller's Total LSP Share on the corresponding invoice. The calendar month upon which the Bill Credit is based shall not necessarily match the billing period for the retail electric service bill in which the Bill Credit is applied. For purposes of applying the Bill Credit to each Subscriber's retail electric bill, the Company shall be entitled to rely exclusively on the Monthly Subscription Information as timely entered by the Seller via the CBRE Online Portal as set forth in Section 4 (Updating Monthly Subscriber Information Used to Calculate Bill Credits and Other Matters) of Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement. If there is a breach, error or changed circumstances resulting in some portion of the monthly CBRE LSP Portion being assigned to a Subscriber in excess of such Subscriber's allowable Subscriber Allocation under the CBRE Tariff, then the Company may treat this excess as an "overpayment" of the Subscriber Allocation and reduce the Bill Credit(s) to such Subscriber for the flowing calendar month for overpayment in proportion to the excess allocation received in error. Payment to the Seller for such Unsubscribed RDG shall only occur if no corresponding Bill Credit is made to a Subscriber, or if already allocated, if such allocation is corrected and withdrawn from such Subscriber, the intent of the Parties herein is to ensure that no portion of the CBRE LSP Portion is double-counted to any Subscriber and/or Seller.
Bill Credits. Your Bill Credits may be issued under one of two different Massachusetts solar programs: the Solar Massachusetts Renewable Target (“SMART”) program, pursuant to 225 CMR 20.00 or the Net Metering program, pursuant to 220 CMR 18.00.
Bill Credits. You, or a Designated Beneficiary, will be eligible to receive Bill Credits on your Utility bills for the Utility Service Location, based on Customer Output and according to this Agreement. Bill Credits are calculated pursuant to the Program and applied solely by the Utility. It is intended that Bill Credits conform to the City Code. You acknowledge that the duration, terms and conditions of the Program Policies and amount of Bill Credits are subject to change by the Utility and as directed by Fort Xxxxxxx City Council.
Bill Credits. As compensation to the customers of the MA Operating Companies for potential future increases in IASC costs during the first five years after divestiture, National Grid will provide a $7.9 million credit to customers of the MA Operating Companies as a one-time deduction on their bills for utility service. The bill credit will be split between the MA Operating Companies based on the ratio of the most recently approved base distribution revenue requirement and allocated to customers of each company using the base distribution revenue allocator. Within 5 days of the Closing, National Grid shall submit draft tariff provisions to the AGO implementing the $7.9 million credit to customers of the MA Operating Companies. Within 20 days of Closing, National Grid, through its MA Operating Companies, and the AGO shall submit proposed tariff provisions to the Department for review and approval to flow the $7.9 million credit through to customers of the MA Operating Companies. Such credit shall be delivered to customers in the form and timing approved by the Department.
Bill Credits. The Utility is responsible for accepting deliveries of your Solar Energy and for providing you with a Bill Credit in dollars for your Solar Energy on your retail electric service bill. The amount of your Bill Credit is based on various factors controlled by your registered meter type, by applicable tariff, and pertinent regulations.
