Common use of Revenue Metering Clause in Contracts

Revenue Metering. Buyer shall own and Maintain all Revenue Meters, conduct meter accuracy and tolerance tests, and prepare all calibration reports required for equipment that measures energy transfers between Buyer and Seller. Said testing reports shall be in accordance with NYPP or ISO, as applicable, requirements, as amended from time to time, and any applicable State regulatory requirements, as amended from time to time. Seller shall have the opportunity to review and comment upon said reports prior to issuance. All Revenue Meters shall be sealed, and the seals shall be broken only by Buyer, upon occasions when the meters are to be inspected, tested or adjusted. The installations of any replacement metering required by Seller shall be at Seller's expense. Seller shall, at its own expense, Maintain and have the right to use a back-up metering system. The Parties agree that if the metering equipment and the Point of Interconnection are not at the same location electrically, the metering equipment shall be compensated to record the delivery of electricity in a manner that accounts for energy losses occurring between the metering point and the Point of Interconnection both when the generating unit is delivering energy to the Seller and when Seller is delivering energy to Buyer. If at any time, any primary metering equipment is found to be inaccurate by a margin of greater than that allowed under the applicable criteria, rules and standards, such metering equipment shall be made accurate or replaced at Buyer's expense. Meter readings for the period of inaccuracy shall be adjusted so far as the same can be reasonably ascertained based upon Seller's back-up metering system; provided, however, no adjustment shall be made prior to the point of time halfway between the time of the last successful test and the time the inaccuracy is corrected, except by agreement of the Parties. Each Party shall comply with any reasonable request of the other concerning the sealing of meters, the presence of a representative of the other Party when the seals are broken and tests are made, and other matters affecting the accuracy of the measurement of electricity delivered from each Purchased Asset. If either Party believes that there has been a meter inaccuracy, failure or stoppage, it shall immediately notify the other. The Parties shall each keep and maintain accurate and detailed records relating to the delivery of energy for a period of not less than six years. Such records shall be made available for inspection by either Party or any governmental agency having jurisdiction with respect thereto during normal business hours upon reasonable notice. Seller shall own and maintain equipment for real-time communications, real-time reactive power, hourly KWH information, and such other information as required by the NYPP, ISO, and/or the System Operator or as reasonably required by Seller. The Buyer shall Maintain operating telephone links to provide information deemed necessary by the NYPP, ISO, and/or the System Operator to integrate operation of the Purchased Assets with the T&D System. Line Operation Information. Both Parties shall require remote access to site specific line operation information at Seller's facilities. Seller shall make such information available to Buyer at no cost in accordance with FERC Order 889 and 889-A and any successor orders thereto. Buyer Provided Local Services.

Revenue Metering. Buyer shall own and Maintain all Revenue Meters, conduct meter accuracy and tolerance tests, and prepare all calibration reports required for equipment that measures energy transfers between Buyer and Seller. Said testing reports shall be in accordance with NYPP or ISO, as applicable, requirements, as amended from time to time, and any applicable State regulatory requirements, as amended from time to time. Seller shall have the opportunity to review and comment upon said reports prior to issuance. All Revenue Meters shall be sealed, and the seals shall be broken only by Buyer, upon occasions when the meters are to be inspected, tested or adjusted. The installations of any replacement metering required by Seller shall be at Seller's expense. Seller shall, at its own expense, Maintain and have the right to use a back-up metering system. The Parties agree that if the metering equipment and the Point of Interconnection are not at the same location electrically, the metering equipment shall be compensated to record the delivery of electricity in a manner that accounts for energy losses occurring between the metering point and the Point of Interconnection both when the generating unit is delivering energy to the Seller and when Seller is delivering energy to Buyer. If at any time, any primary metering equipment is found to be inaccurate by a margin of greater than that allowed under the applicable criteria, rules and standards, such metering equipment shall be made accurate or replaced at Buyer's expense. Meter readings for the period of inaccuracy shall be adjusted so far as the same can be reasonably ascertained based upon SellerXxxxxx's back-up metering system; provided, however, no adjustment shall be made prior to the point of time halfway between the time of the last successful test and the time the inaccuracy is corrected, except by agreement of the Parties. Each Party shall comply with any reasonable request of the other concerning the sealing of meters, the presence of a representative of the other Party when the seals are broken and tests are made, and other matters affecting the accuracy of the measurement of electricity delivered from each Purchased Asset. If either Party believes that there has been a meter inaccuracy, failure or stoppage, it shall immediately notify the other. The Parties shall each keep and maintain accurate and detailed records relating to the delivery of energy for a period of not less than six years. Such records shall be made available for inspection by either Party or any governmental agency having jurisdiction with respect thereto during normal business hours upon reasonable notice. Seller shall own and maintain equipment for real-time communications, real-time reactive power, hourly KWH information, and such other information as required by the NYPP, ISO, and/or the System Operator or as reasonably required by Seller. The Buyer shall Maintain operating telephone links to provide information deemed necessary by the NYPP, ISO, and/or the System Operator to integrate operation of the Purchased Assets with the T&D System. Line Operation Information. Both Parties shall require remote access to site specific line operation information at Seller's facilities. Seller shall make such information available to Buyer at no cost in accordance with FERC Order 889 and 889-A and any successor orders thereto. Buyer Provided Local Services.