VREC definition
Examples of VREC in a sentence
Nothing in this WMPA provides any rights with regard to the use of the distribution facilities owned, operated, and maintained by VREC.
The Point of Interconnection (for the purpose of effectuating sales of energy into PJM’s wholesale markets) under this WMPA is physically located at a point where the Transmission Owner’s facilities are connected to facilities owned by VREC, to which Wholesale Market Participant’s facilities are or will be interconnected.
Therefore, the Parties acknowledge and agree that interconnection of the Wholesale Market Participant under this WMPA depends upon the physical availability of, and Wholesale Market Participant’s right to utilize, the VREC facilities and the interconnection of the VREC facilities with those of the Wholesale Market Participant and the Transmission Owner.
On or before February 28, 2021, Wholesale Market Participant must enter into an Interconnection Agreement with the Valley Rural Electric Cooperative (VREC) in order to effectuate the WMPA.