FiT Rate definition
FiT Rate means the FiT rate or rates stated in the relevant Completion Letter;
FiT Rate means the prevailing feed-in tariff of [.Rate in Words (P.)] Php / kWh approved by the ERCfor' [.] renewable energy used by the Eligible RE Plant, as the same may be adjusted by.the ERCfrom time to time for inflation and foreign exchange, applicable to and payable to the Eligible RE Plant for every kilowatt-hour of Actual REGeneration delivered by the Eligible RE Plant and measured at the Metering Point.
FiT Rate means the prevailing feed-in tariff of [eRate in Words (Pe)) Php / kWh approved by the ERC for [e] renewable energy used by the Eligible RE Plant, as the same may be adjusted by the ERC from time to time for inflation and foreign exchange, applicable to and payable to the Eligible RE Plant for every kilowatt-hour of Actual RE Generation delivered by the Eligible RE Plant and measured at the Metering Point.
Examples of FiT Rate in a sentence
The Buyer must ensure that the FiT Rate Notice issued by it complies in all material respects with the form of the FiT Rate Notice set out in Attachment 3 of Schedule 9.
For clarity, the Buyer must ensure that any Subsequent FiT Rate Notice issued by it complies in all material respects with the form of the FiT Rate Notice set out in Attachment 3 of Schedule 9.
More Definitions of FiT Rate
FiT Rate means the price the Province of Ontario will pay for each kW hour of electricity pursuant to long-term power purchase agreements under the FIT Program.