Metered Load definition

Metered Load means Load, net of Unaccounted for Energy and Losses;
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Metered Load means the amount of energy expressed in MWh (including fractional amounts, consistent with applicable billing convention contained in the PJM Documents), required to meet the Customer’s Load obligation located within the Borough’s service territory as it exists as of the date hereof, as such load is metered for the relevant hour at the Delivery Point meter. Delivery Period: January 1, 2021 through December 31, 2024 from and including Hour Ending (“HE”) 0100, Eastern Prevailing Time (“EPT”) on January 1, 2021, to and including HE 2400 EPT on December 31, 2024. Buyer/Seller Obligations: • Seller shall be the Load Serving Entity for the Buyer and shall, at its sole cost and expense, be responsible for furnishing wholesale power to the Borough at the Delivery Point. Buyer shall be responsible for the cost of congestion, marginal, and physical losses after the Delivery Point. • Buyer is responsible for capacity, ancillary services, and transmission charges/credits and shall reimburse the Seller for the same as detailed on a line item basis on Seller’s monthly invoice. • Seller shall be responsible for day-ahead load forecasting and ISO demand bid entry, in accordance with PJM procedures and Rules and shall perform such services with the reasonable intent to minimize any PJM charges for which Buyer is responsible pursuant to Appendix A. • Buyer holds Seller harmless on the outcome of Auction Revenue Rights or ARRs entitlements that are allocated annually to firm transmission service customers; and, that entitle the holder to receive an allocation of the revenues from the Annual FTR Auction. • Seller expects that future delivered power associated with the Borough’s Municipal Utility load be similar to the historical hourly data provided by the Borough for January 2013 through December 2017; and, the existing hourly load that Seller is delivering to Buyer, commencing July 2018. • Buyer agrees that it will not take measures to implement retail shopping.
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Examples of Metered Load in a sentence

  • Basic Generation Service – Commercial and Industrial Energy Pricing or “BGS-CIEP” – electric generation service that is provided pursuant to the Applicable Legal Authorities at prices that include an energy charge component that varies on an hourly basis in accordance with changes in the load-weighted average Residual Metered Load aggregate Real-Time Locational Marginal Price (including Energy, congestion and marginal losses) for the Company’s Transmission Zone under the Company’s BGS-CIEP Tariffs.

  • Basic Generation Service – Commercial and Industrial Energy Pricing or “BGS-CIEP” – electric generation service that is provided pursuant to the Applicable Legal Authorities at prices that include an energy charge component that varies on an hourly basis in accordance with changes in the load-weighted average Residual Metered Load aggregate Real-Time Locational Marginal Price (including energy, congestion and marginal losses) for the Company’s Transmission Zone under the Company’s BGS-CIEP Tariffs.

  • Billing Demand – The LFS methodology will be applied against the Customer’s Maximum Metered Load during the Billing Period to determine the amount of Firm Power (kW) attributable to the Allocation (Billing Demand) to be billed to the Customer and charged at the applicable PP Rate.

  • Commencing with the 2015/2016 Planning Period, for the purposes of calculating Transmission Congestion Credits, the Day-ahead Congestion Price of a Residual Metered Load aggregate is calculated as the sum of the Day-ahead Congestion Price of each bus that comprises the Residual Metered Load aggregate multiplied by the percent of the annual peak residual load assigned to each bus that comprises the Residual Metered Load aggregate.

  • Basic Generation Service – Commercial and Industrial Energy Pricing or “BGS-CIEP” – electric generation service that is provided pursuant to the Applicable Legal Authorities at prices that include an energy charge component that varies on an hourly basis in accordance with changes in the load-weighted average Residual Metered Load aggregate Real-Time Locational Marginal Price (including energyEnergy, congestion and marginal losses) for the Company’s Transmission Zone under the Company’s BGS-CIEP Tariffs.

  • The ratio of Daily QSE Non-Opted-Out LSE Real-Time Adjusted Metered Load to Daily ERCOT QSE Non-Opted-Out LSE Real-Time Adjusted Metered Load, for a QSE q, for the Operating Day d.

  • Commencing with the 2015/2016 Planning Period, for the purposes of calculating Transmission Congestion Credits, the Day- ahead Congestion Price of a Residual Metered Load aggregate is calculated as the sum of the Day-ahead Congestion Price of each bus that comprises the Residual Metered Load aggregate multiplied by the percent of the annual peak residual load assigned to each bus that comprises the Residual Metered Load aggregate.

  • Actual Metered Load: The amount of energy actually delivered to Designated Green Mountain Customers, as measured at the Designated Green Mountain Customers' meters.

  • Deliveries of energy to the Buyer’s Transmission System (as required for Buyer to deliver to the Buyer Delivery Points) or the Buyer Delivery Points will be arranged pursuant to the Network Integration Transmission Service Agreement through use of dynamic (instantaneous) signals (the “Dynamic Signals”) of the measurement of the LSEs Metered Load compensated to the Buyer Delivery Point.

  • Opted-Out LSE Real-Time Adjusted Metered Load — The Real-Time Adjusted Metered Load (RTAML), excluding the RTAML for Securitization Uplift Charge Opt-Out Entities and excluding DC Tie exports, for a QSE q, for the Operating Day d.

Related to Metered Load

  • Unmetered Load means electricity consumed on the Network that is not directly recorded using Metering Equipment, but is calculated or estimated in accordance with the Code;

  • Residual Metered Load means all load remaining in an electric distribution company’s fully metered franchise area(s) or service territory(ies) after all nodally priced load of entities serving load in such area(s) or territory(ies) has been carved out.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • metered means, in relation to any quantity distributed, as measured by a meter installed for such purpose or (where no such meter is installed or it is not reasonably practicable to measure the quantity by such meter) as otherwise reasonably calculated.

  • Meter means a device which records the demand and/or the electrical energy consumed and includes conventional and prepayment meters;