Retail Settlement Code definition

Retail Settlement Code means the code approved by the Board which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and consumers and provides for tracking and facilitating consumer transfers among competitive retailers;

Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a Distributor’s obligations and responsibilities associated with financial settlement among Retailers and Consumers and provides for tracking and facilitating Consumers transfers among competitive Retailers; (TDL, DSC)

Retail Settlement Code means the “Retail Settlement Code” established and approved by the Ontario Energy Board as amended or replaced from time to time.

Examples of Retail Settlement Code in a sentence

• The amounts paid out to the recipients listed above shall be based on energy consumed and calculated in accordance with the rules set out in the Retail Settlement Code.

• The Licensee shall fulfill its obligation under section 29 of the Electricity Act to sell electricity in accordance with the requirements established in the Standard Supply Service Code, the Retail Settlement Code and the Licensee’s Rate Order as approved by the Board.

• The commodity price for electricity payable by a non-RPP consumer or an electing spot consumer that has an interval meter or another eligible time-of-use meter that is capable of providing data on at least an hourly basis shall be the spot market price determined in accordance with the Retail Settlement Code, with such adjustment as may be made by the IESO in accordance with the Electricity Act and the regulations.

• The commodity price for electricity payable by a non-RPP consumer that has a conventional meter shall be the weighted average hourly spot market price, for the period over which the non-RPP consumer is being billed, determined in accordance with the Retail Settlement Code, with such adjustment as may be made by the IESO in accordance with the Electricity Act and the regulations.

• The Retail Settlement Code as amended from time to time specifies the rights of customers and their retailers to access current and historical usage information and related data and the obligations of distributors in providing access to such information.

More Definitions of Retail Settlement Code

Retail Settlement Code means the Retail Settlement Code issued by the Board, as amended from time to time; (“code appelé Retail Settlement Code”)

Retail Settlement Code means the “Retail Settlement Code” established and approved by the Ontario Energy Board as amended or replaced from time to time, which governs the determination of financial settlement costs for electricity retailers, consumers, distributors and generators.

Retail Settlement Code or “Code” means the Retail Settlement Code approved by the Board.

Retail Settlement Code means the code established and approved by the OEB, governing the determination of financial settlement costs for Electricity retailers, consumers, distributors and generators.

Retail Settlement Code means the code established and approved by the OEB, governing the determination of financial settlement costs for Electricity retailers, consumers, distributors and generators. Rules mean the rules with respect to applying for funding under the ECB Program.

Retail Settlement Code means the code approved by the Ontario Energy Board.

Retail Settlement Code means the code issued by the Board which, among other things, establishes a distributor’s obligations and responsibilities