UERC definition
Examples of UERC in a sentence
The amount of any income from Wheeling Charges, as approved by the Commission, in accordance with the UERC (Terms & Conditions of Intra-State Open Access) Regulations, 2015, as amended from time to time, shall be deducted from the Aggregate Revenue Requirement in calculating the revenue requirement from retail sale of electricity of the Distribution Licensee.
If the said dispute/dissatisfaction remains unresolved, after 30 working days either party can file a petition before UERC, whose decision will be final and binding on both the parties.
Provided that determination of tariff for supply of electricity to a Distribution Licensee from renewable sources of generation including Small Hydel Projects having capacity upto 25 MW shall be in accordance with the UERC (Tariff and Other Terms for Supply of Electricity from Renewable Energy Sources and non-fossil fuel based Co-generating Stations) Regulations, 2010 and 2013 or as amended from time to time.
Where the net energy injected exceeds 95% of the actual energy generated in a Billing Period, the tariff for such excess net energy (net energy - 95% of actual energy generated) shall be paid at the lowest base slab of energy charges prescribed in the Rate Schedule for the said Eligible Consumer or at the generic rates determined by Hon’ble UERC for Solar Plants for the year of commissioning of plant whichever is lower.
UERC shall be empowered to determine the exact nature and modalities of the procedure to be adopted in resolving the matter Annexure I to II would form part of this agreement.
And WHEREAS the Grid Interactive Rooftop and small Solar PV Plant is willing to setup the Grid Interactive Rooftop and Small Solar PV Power Plant and shall settle the surplus generation, after self-consumption, with UPCL at the rate determined by the Commission for the entire life of the Plant; as per of UERC (Tariff and Other Terms for Supply of Electricity from Non-conventional and Renewable Energy Sources) Regulations, 2018 and as per UERC tariff order issued from time to time.