Energy Option definition

Energy Option means a physically or financially settled option transaction that provides the buyer the right, but not the obligation, to enter into a transaction where the underlying price is based upon the price of Energy.
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Examples of Energy Option in a sentence

  • If a customer chooses the Renewable/Green Energy Option, Residents Energy will ensure that 100% of the customer’s electricity usage is matched with renewable energy certificates or renewable energy attributes.

  • Renewable/Green Energy Option: Renewable/Green Energy refers to energy that is generated from renewable resources, such as solar, wind, water or biomass.

  • If you have chosen the Renewable/Green Energy Option, your rate will be comprised of the variable rate plus an “adder” of up to 3 cents per kWh. Customer can cancel the Renewable/Green Option of this Agreement by calling Residents Energy at ▇-▇▇▇-▇▇▇-▇▇▇▇.

  • If you have chosen the Green/Renewable Energy Option, Residents Energy will ensure that 100% of your electricity usage is matched with renewable energy certificates.

  • For the avoidance of doubt, the methodology described in the preceding provisions of this subsection (b) for determining the exercise price under the Post-Distribution Duke Energy Option and Spectra Energy Option shall likewise apply in determining the base price of any stock appreciation right issued in tandem with a Duke Energy Option that is outstanding immediately prior to the Distribution Date.

  • In response to regulatory changes like the Retail Competition and Open Access (RCOA), Green Energy Option Program (GEOP), Renewable Portfolio Standards (RPS), Net Metering programs, and similar government initiatives, the Buyer is required to notify the Seller in writing not later than 30 days from the target switch or effectivity date.

  • Renewable/Green Energy Option: Renewable/Green energy refers to energy that is generated from renewable sources, such as solar, wind, water or biomass.

  • If you have chosen a variable rate product and the Green/Renewable Energy Option, your rate for the electricity supplied will be Residents Energy’s variable rate plus an “adder” of up to 3 cents per kWh. If you wish to cancel the Green/Renewable Energy Option, you may call Residents Energy at 1-888-828-7374.

  • If a customer chooses the Renewable Energy Option, IDT Energy will ensure that 100% of the customer’s electricity usage during the Fixed Rate segment of this Agreement is matched with renewable energy certificates or renewable energy attributes.

  • In consideration of the Allegheny Energy Option, the Executive agrees to waive any and all rights to, and disclaim any and all interests in, any options to purchase an interest in Supply as described in or otherwise contemplated under the Employment Agreement and any such options shall be deemed canceled and void, ab initio.

Related to Energy Option

  • 3(i) Option means an Option granted pursuant to Section 3(i) of the Ordinance to any person who is Non- Employee.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Vested Option means any Option, which has already been vested according to the Vesting Dates.

  • Stock Option Plan means any stock incentive plan of the General Partner, the Partnership or any Affiliate of the Partnership or the General Partner.

  • Stock Option Agreement means the agreement between the Company and an Optionee that contains the terms, conditions and restrictions pertaining to his or her Option.