Solar Tariff Generation Unit definition
Examples of Solar Tariff Generation Unit in a sentence
In the event that the System is not qualified as a Solar Tariff Generation Unit under the SMART Program, or payments from the ISO Forward Capacity Market are not retained by the Distribution Company, CVEC and shall be entitled to receive demand resource payments from the ISO Forward Capacity Market associated with the Net Energy.
In the event that the System is qualified as a Solar Tariff Generation Unit under the SMART Program, the Distribution Company may elect to retain demand resource payments on account of the System’s participation in the ISO Forward Capacity Market.
In the event that the System is not qualified as a Solar Tariff Generation Unit under the SMART Program, or payments from the ISO Forward Capacity Market are not retained by the Distribution Company, the Buyer shall be entitled to receive demand resource payments from the ISO Forward Capacity Market associated with the Net Energy.
Buyer agrees that it shall not take any action that would cause the Facility not to be qualified as a Community Shared Solar Tariff Generation Unit, and shall cooperate with Seller to assure the Facility’s continued qualification.
Buyer shall not take any action that would adversely affect any Facility’s qualification, or the nature of such qualification, for participation in the SMART Program as both an Alternative On-▇▇▇▇ Credit Generation Unit and Public Entity Solar Tariff Generation Unit.