Energy Deficit definition

Energy Deficit for each Measurement Period, an amount (expressed in MWh) calculated as follows: ED = [GA-MA] x CE where:
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Energy Deficit means that FortisBC’s Net Obligations at a Point of Interconnection exceed the amount of its Allocated Resources at that Point of Interconnection, as calculated for that Point of Interconnection pursuant to and in accordance with the Accounting Procedures;
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Examples of Energy Deficit in a sentence

  • The Energy Deficit shall for the purposes of this Agreement be equal to the difference in MWH resulting from the MWH Obligation less said delivered energy and shall be provided to SJLP during subsequent Contract Years as provided in Section 8.01.

  • The Parties shall pay and be paid for energy provided under this Agreement based upon whether the energy is Joint Dispatch Energy, Deficit Energy, or Surplus Energy.

  • However, if said sum is less than the MWH Obligation for said Contract Year, an energy deficit ("Energy Deficit") shall be deemed to have occurred and the District shall be deemed not to have met its obligation to provide energy during such Contract Year; provided, however, the occurrence of an Energy Deficit shall not constitute a breach of this Agreement.

  • For greater certainty, any Energy Surplus or Energy Deficit at a Point of Interconnection will result in POI Imbalance Wheeling.