CSG SO definition
Examples of CSG SO in a sentence
CSG Subscriber acknowledges that the CSG SO will retain the associated Renewable Energy Credits produced by the CSG PV System and will sell the associated Renewable Energy Credits separately to Black Hills Energy.
In performing such functions, CSG SO shall be solely responsible for communicating directly to Black Hills Energy CSG Subscriber’s information concerning its subscription in the CSG PV System, including its beneficial interest in the Photovoltaic Energy produced by the CSG PV System.
By executing this CSG Subscriber Agency Agreement, CSG Subscriber represents and warrants that the information stated herein is true and correct to the best of CSG Subscriber’s knowledge and belief and that CSG Subscriber has signed up for the stated subscription share size in the CSG PV System through CSG SO.
CSG Subscriber also acknowledges that Black Hills Energy shall exclusively rely on such information as regularly and timely communicated from the CSG SO for the purpose of calculating the CSG Credit that will be applied by Black Hills Energy and reflected on CSG Subscriber’s subsequent electric service bills as compensation for Black Hills Energy’s receipt of CSG Subscriber’s share of the Photovoltaic Energy produced by the CSG PV System, in accordance with the CSG Tariff.
This Agency Agreement shall only serve to authorize CSG SO to act as CSG Subscriber’s agent with respect to CSG Subscriber’s beneficial interest in the Photovoltaic Energy produced by the CSG PV System and delivered to Black Hills Energy to the extent that CSG Subscriber’s subscription continues from time-to-time to qualify as a valid subscription in the CSG PV System in accordance with C.R.S. § ▇▇-▇▇-▇▇▇, the effective rules and regulations promulgated thereunder by the Commission, and the CSG Tariff.
CSG SO shall be responsible for issuing and managing the subscriptions of all CSG Subscribers in the CSG PV System and for selling to Black Hills Energy the subscribed and unsubscribed portions of the Photovoltaic Energy and associated Renewable Energy Credits generated by the CSG PV System and delivered to Black Hills Energy at the Production Meter located at the CSG PV System site.
Upon the initial satisfaction of all of the conditions set forth in Sections 3.3 and 3.4 above, Black Hills Energy shall install, and thereafter own, operate, maintain and read the Production Meter, which shall be sufficiently sized to measure all Photovoltaic Energy generated by the CSG PV System, and CSG SO shall reimburse Black Hills Energy for the cost of installing the Production Meter.
In the event the Agreement terminates under this provision, all further rights and obligations of Black Hills Energy and CSG SO under this Agreement will be null and void.
The CSG SO at its own expense shall secure and maintain in effect during the Term of this Agreement liability insurance with a combined single limit for bodily injury and property damage of not less than $1,000,000 for each occurrence.
CSG SO warrants and represents to Black Hills Energy that it has or will have at the time of delivery good and sufficient title to all RECs associated with such Photovoltaic Energy output and/or the ability to transfer good and sufficient title of all such RECs to Black Hills Energy.