Import Energy definition

Import Energy means the electrical energy flowing from the CEB System to the Facility and measured by the CEB Meter at the Point of Delivery.

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Import Energy means the electricity supplied by TNB and consumed by the Consumer, as measured in kWh by the Net Meter.

Import Energy means, for any period during the Term, Energy and Ancillary Services (Ancillary Services as defined by the ERCOT Protocols) purchased from the ERCOT wholesale market through the Delivery Point by GSEC for resale to Cooperative to serve Customer’s Load when the Energy generated by the Facility is insufficient to meet the total combined demand of the Customer’s Load and the Facility, as measured at the Delivery Point.

Examples of Import Energy in a sentence

• The Parties agree and acknowledge that the production of the Energy from the Facility is intermittent, that Import Energy may be subject to interruption, and that neither GSEC nor Cooperative is providing a warranty or guarantee of the quantity of Energy to be produced by the Facility for any hourly, daily, monthly, annual or other period or that Import Energy will be free from interruption.

• For the avoidance of doubt, the Parties understand that Import Energy will not be purchased by Customer when the price of Import Energy exceeds the Market Price Cap.

• Any true up required for Import Energy Charges for all intervals during the billing month.

• At Customer’s expense, Customer agrees to hire a third party (“DCB Consultant”) to program, test and monitor the DCB and to monitor Import Energy prices, with notification to Cooperative and GSEC if the Import Energy price will exceed the Market Price Cap.

• During the Construction Period, Seller shall be required to apply separately for the supply of electricity as any other customer of CEB and such electricity shall not qualify as Import Energy.

• The charge rate to be applied for Import Capacity and Import Energy will be the greater of (i) the Energy Charge Rate and (ii) the Buyer’s weighted average cost of generation for the Billing Period.

• During the months of June, July, August and September, Customer’s monthly bill shall also include a “Transmission Use Charge” equal to ****** times the current year’s ERCOT monthly wholesale Transmission Cost of Service charge plus ****%, times Customer’s Import Energy demand during the ERCOT 4CP interval for the applicable billing month, as defined in 16 Texas Administrative Code § 25.192.

• The data that is being managed and finally published in JSON format in order to be consumed by any other process in a standardized way are the following: ▪ Identification (meter/concentrator) ▪ Date and time (acquisition) ▪ Import Energy ▪ Export Energy ▪ Reactive energies in the four quadrants As has been detailed, the edge node deploys an InfluxDB container that stores the information published with the SAMPOL centralized database connector.

• Notwithstanding any other provision in this Agreement, in line with the Commission’s Supplementary Order on the Commencement of the Transitional Stage Electricity Market (TEM), Order No. NERC/15/0011, the Seller shall pay the Buyer for any Import Capacity and Import Energy consumed from the Grid in any Billing Period, as reflected in the Market Operator Settlement Statement.

• Customer also shall install, operate and maintain, or cause to be installed, operated and maintained, a Disconnecting Circuit Breaker (“DCB”) between the B▇▇▇▇▇▇ Interconnection Facilities and the MDC Farm that is capable of disconnecting all Service to the MDC Farm (including delivery of both Net Energy and Import Energy).

More Definitions of Import Energy

Import Energy means the useful electric energy, expressed in MWh, which the Plant consumed from the Grid, as measured by the Metering System, for use within the Plant.