Renewable Energy Credits. 5.01. Customer shall offer PMPA and/or Utility a first right of refusal before selling or granting to any third party the right to the Green Attributes associated with its customer-owned renewable generation that is interconnected to Utility’s electric distribution system. The term Green Attributes shall include any and all credits, certificates, benefits, environmental attributes, emissions reductions, offsets, and allowances, however entitled, attributable to the generation of electricity from the customer owned-renewable generation and its displacement of conventional energy generation.
Renewable Energy Credits. Any Renewable Energy Credits associated with the renewable energy allocated to the Customer based on its Subscription Share and the production of the Company’s portion of the Corriedale Project will be transferred to or retired on behalf of the Customer.
Renewable Energy Credits. The Product to be Delivered by Seller and received by Buyer under this Agreement is RECs generated from a Designated System, for which summary information is specified in a Product Order. Seller may not substitute RECs to be generated from a given Designated System with RECs from another generator other than aor with RECs from another Designated System. For avoidance of doubt, Xxxxx is not purchasing Seller’s Designated System and where this Agreement provides for the removal of a Designated System from this Agreement, it is understood that it is Seller’s right to Deliver RECs and to receive payment for RECs associated with such Designated System that are being removed from this Agreement.
Renewable Energy Credits. The Product to be Delivered by Seller and received by Buyer under this Agreement is RECs generated from the Project, for which summary information is specified in the Product Order. Seller may not substitute RECs generated from a generator other than the Project. For avoidance of doubt, Xxxxx is not purchasing Seller’s Project and Buyer shall have no ownership interest in, or responsibility for, the Project.
Renewable Energy Credits. 5.01. RGS Owner shall offer FMPA a first right of refusal before selling or granting to any third party the right to the Green Attributes associated with its customer-owned renewable generation that is interconnected to Utility's electric distribution system. The term "Green Attributes" shall include any and all credits, certificates, benefits, environmental attributes, emissions reductions, offsets, and allowances, however entitled, attributable to the generation of electricity from the customer owned-renewable generation and its displacement of conventional energy generation.
Renewable Energy Credits. Subscriber shall be entitled to the benefits of all Renewable Energy Credits or RECs associated with Subscriber’s Pro-Rata Portion of the renewable energy generated at the Solar Projects during the term of this Agreement. Such RECs will be retired by Provider or Wabash Valley so that Subscriber can utilize them in accordance with the applicable program, regulation or law. Provider will not sell or market such RECs to any other party.
Renewable Energy Credits. 11.1. A Renewable Energy Credit (REC) represents the environmental attributes of one thousand kWh (1 MWh) of electricity produced by a renewable resource (i.e., solar). A REC is the commodity used by electric providers to account for their participation in renewal energy programs.
Renewable Energy Credits. (RECs) REU shall retain all Renewable Energy Credits associated with each watt of excess photovoltaic generation beyond what the C-G consumes from the grid on an annual basis. REU reserves the right to read the PV inverter meter as often as it deems necessary to accurately account for all renewable energy credits. REU reserves the right to register this renewable energy resource with the Western Renewable Energy Generation Information System (WREGIS), which may include aggregation of this resource with other resources of similar characteristics to minimize administrative cost and oversight. REU reserves the right to sell, or trade these RECs under XXX’s discretion.
Renewable Energy Credits. The Product to be Delivered by Seller and received by Buyer under this Agreement is RECs generated from a Designated System, for which summary information is specified in a Product Order. Seller may not substitute RECs generated from a generator other than a Designated System. For avoidance of doubt, Xxxxx is not purchasing Seller’s Designated System and where this Agreement provides for the removal of a Designated System from this Agreement, it is understood that what is being removed from this Agreement is Seller’s right to Deliver RECs and to receive payment for RECs associated with such Designated System. Environmental Attributes. Seller acknowledges and agrees that any Environmental Attribute associated with or related to the Product will not be sold or otherwise made available to a third party but will be sold to Buyer pursuant to this Agreement. For the avoidance of doubt, the Product sold hereunder must meet the definition of “renewable energy credit” under the IPA Act. Designated System Information. RECs Delivered under this Agreement must be from one (1) or more Designated Systems and Seller represents, with respect to a Designated System, as of the date of each Delivery hereunder by such Designated System that is Delivering REC(s) that: Each such Designated System is not and will not be a generating unit whose costs are being recovered through rates regulated by Illinois or any other state or states. Each such Designated System is a new generating unit such that the Date of Final Interconnection Approval did not occur before June 1, 2017. Each such Designated System meets the definition of the Class of Resource indicated in the applicable Product Order and meets the requirements specified in the IPA Act or rules promulgated by the ICC for the designated Class of Resource. As required by Section 1-56(b-15) of the IPA Act, construction activities related to such Designated System shall be subject to the prevailing wage requirements included in the Prevailing Wage Act, unless such Designated System is exempted from such requirements as indicated in Schedule A (and Schedule B, if applicable) to the Product Order. These requirements apply to the wages of laborers, mechanics, and other workers employed in construction activities related to such Designated System. Applicable construction activities related to the Designated System include not only construction, but also any maintenance, repair, assembly, or disassembly work performed on equipment wheth...
Renewable Energy Credits. “RECs”) If the Customer elects on the application form for its Facility to transfer the rights to any Renewable Energy Credits (“RECs”) associated with the Customer’s Facility to the Company, the Customer will be eligible to receive the Non-Quantifiable Expected Benefits Adder as a component of Total Benefits of Distributed Generation.
