Net Energy definition

Net Energy. The total quantity of electric energy (measured in kilowatt hours) produced by the Facility over a given time period and delivered to the Point of Interconnection, as measured by the revenue meter. "Net Energy" the equivalent of "Actual Output."

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Net Energy means, for the period being considered, the actual total amount of Energy generated by the Facility less any Energy generated by the Facility that is consumed for the operation of the Facility and less any losses up to the Delivery Point, as measured according to the metering provisions in Article VII.

Net Energy means the energy component, in kWh, of Net Output.

Examples of Net Energy in a sentence

• Seller shall enter into the necessary agreements for firm generator interconnection with DESC Transmission, and Buyer shall make any transmission-related arrangements for delivery of the Facility’s Net Energy from the Delivery Point.

• If Buyer exercises such option, the Additional Qualifying Nameplate Capacity shall thereafter be included in the Final Installed Capacity and the definition of “Facility” for all purposes of this Agreement and Seller shall sell, and Buyer shall purchase, all the Net Energy generated or associated with such Additional Qualifying Nameplate Capacity in accordance with the terms of this Agreement.

• Seller has estimated that following the Commercial Operation Date, the Facility will deliver an annual expected performance output of Net Energy for each year of the Term as set forth in Attachment C (the “Contract Quantity”); provided that the Contract Quantity for Net Energy for the applicable period shall be reduced to the extent any condition arises under Section 5.1(f).

• On or before 0600 Eastern Prevailing Time on the Business Day immediately preceding the day on which Net Energy is to be delivered, Seller shall provide Buyer with an hourly forecast of availability for each hour of the next day.

• Seller warrants that it will deliver to Buyer the Net Energy at the Delivery Point, free and clear of all liens, security interests, claims and encumbrances or any interest therein or thereto by any Person.

More Definitions of Net Energy

Net Energy means the actual and verifiable amount of Energy generated by the PV System as metered in kWh at the Metering Device(s), and in conformance with Applicable Legal Requirements and the Tariffs.

Net Energy is the difference between the kilowatt-hours delivered by the Company to the Customer and the kilowatt-hours delivered from the Facility to the Company over the same time period and determined as if measured by a single meter capable of registering the flow of electricity in two directions.

Net Energy means the energy corresponding to the Installed Capacity after adjustment of actual auxiliary consumption as available for injection at Interconnection Point;

Net Energy means, for any period, the energy output of the Facility delivered to Buyer at the Electricity Delivery Point pursuant to Buyer’s Dispatch of the Facility of a quantity in MWh not to exceed that associated with Contract Capacity, as measured pursuant to Section 8, less station use and less transformation and transmission losses to the Electricity Delivery Point.

Net Energy means electric energy, expressed in KWh, produced by the Project and delivered to and measured at the Metering Point.

Net Energy. Electric energy produced by the Facility, less Station Use and Losses, expressed in kilowatt hours (kWh) that is less than or equal to the Nameplate Capacity. Seller commits to deliver all Net Energy to Idaho Power at the Point of Delivery for the full term of the Agreement.

Net Energy means the positive difference between the electricity supplied to a Participant from the electric grid over the current Billing Period and the electricity generated and fed into the electric grid by the Participant’s solar energy block(s) during the prior calendar month.