Weather Adjustment definition

Weather Adjustment means the ratio described in Section 3.01.
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Weather Adjustment as we define it, means casting consumption or savings results in terms of some specific reference weather period. In this report, the specific reference weather period is the post-installation period for which we have detailed metered data. Post-installation metered data were gathered during the chosen reference weather period and hence need no alteration.
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Weather Adjustment means adjustment to the Guaranteed Production values provided in Schedule 1 using local weather data as recorded by Seller in accordance with Good Solar Industry Practices during the corresponding Guarantee Period, and calculated as follows: The adjustment for each Guarantee Period shall be determined by calculating the ratio of solar insolation (in kWh/m2) recorded during the Guarantee Period divided by five times the annual solar insolation given in the meteorological weather file provided as input to the model used to generate the Forecast Production values for the Guarantee Period. If this ratio is less than one, the Guaranteed Production values shall be adjusted by multiplying by this ratio. Otherwise, the Guaranteed Production shall not be modified. The solar insolation used for this calculation shall be plane-of-array insolation if the System has a single array plane and both measured and modeled values of plane-of-array insolation are available. Otherwise, global horizontal insolation shall be used. Schedule 1 to Production Guarantee Production Guarantee Schedule Contract Year Estimated Contract Year Production (kWh) Minimum Production Threshold (85% of Estimated) (kWh) Forecast Production for Guarantee Period (kWh) 1 487,738 414,577 2 485,299 412,504 3 482,873 410,442 4 480,458 408,390 5 478,056 406,348 2,052,261 6 475,666 404,316 7 473,288 402,294 8 470,921 400,283 9 468,567 398,282 10 466,224 396,290 2,001,465 11 463,893 394,309 12 461,573 392,337 13 459,265 390,375 14 456,969 388,424 15 454,684 386,481 1,951,926 16 452,411 384,549 17 450,149 382,626 18 447,898 380,713 19 445,658 378,810 20 443,430 376,916 1,903,614 End of Exhibit 6 Exhibit 7 Exclusions
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Examples of Weather Adjustment in a sentence

  • Weather Adjustment: This section outlines procedures and calculations related to the weather adjustment applied to NP’s Maximum Native Load.

  • The Normal Weather Adjustment (NWA) for each bill isNWA = DeliveryChargeActual × NWFwhere Delivery Charge Actual is the calculated delivery charge for actual delivered therms for the rate schedule applicable to that bill or portion thereof during the Winter Period.

  • The Normal Weather Adjustment (NWA) for each bill is NWA = DeliveryChargeActual × NWFwhere Delivery Charge Actual is the calculated delivery charge for actual delivered therms for the rate schedule applicable to that bill or portion thereof during the Winter Period.

  • In the Months of April through December, billing demand shall be the greater of: (a) the Weather-Adjusted Native Load less the Generation Credit and the Curtailable Credit, plus the Weather Adjustment True-up; and (b) the Minimum Billing Demand.

  • In the Months of April through December, billing demand shall be the greater of: (a) the Weather‐Adjusted Native Load less the Generation Credit and the Curtailable Credit, plus the Weather Adjustment True‐up; and (b) the Minimum Billing Demand.

  • The purpose of the Normal Weather Adjustment (“NWA”) is to adjust each customer’s bill for the difference in delivery charges caused by the variation in actual Heating Degree Days (“HDDs”) from normal HDDs during the Winter Period.

  • The calculation is represented by: (PLC) - (Load *LF) Winter (November through April of a Delivery Year)– End use customer’s Winter Peak Load (“WPL”) multiplied by Zonal Winter Weather Adjustment Factor (“ZWWAF”) multiplied by LF, minus the metered load (“Load”) multiplied by the LF.

  • In the Months of April through December, billing demand shall be the greater of: (a) the Weather-Adjusted Native Load less the Generation Credit, plus the Weather Adjustment True-up; and (b) the Minimum Billing Demand.

  • The purpose of the Normal Weather Adjustment (“NWA”) is to establish procedures that allow the Company, subject to the jurisdiction of NHPUC, to calculate and apply, for each customer on a monthly basis, the Normal Weather Factor (“NWF”).

  • NEWFOUNDLAND AND LABRADOR HYDROUTILITY (INTERIM) (continued) Weather Adjustment: This section outlines procedures and calculations related to the weather adjustment applied to NP’s Maximum Native Load.


More Definitions of Weather Adjustment

Weather Adjustment means the following ratio: For each Guarantee Year, SunPower shall calculate the Annual Deficit.
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Weather Adjustment means the method for reconciling expected kWh during a typical weather year with the actual on-site meteorological conditions, as described in Section 2.01.
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Weather Adjustment means the following ratio: 3. () ()
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Weather Adjustment as we define it, means casting consumption or savings results in terms of some specific reference weather period. In this report, the specific reference weather period is the post-installation period for which we have detailed metered data. All the post-installation metered data were gathered during the chosen reference weather period; hence there is no need to adjust the measurements to another reference period. Pre-installation, temperature-sensitive consumption can be expressed in terms of this weather year using the same procedure as the normalization discussed above.
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Weather Adjustment means the method for reconciling Expected Annual Energy Output, calculated using a Typical Meteorological Year, with the actual meteorological conditions measured on- Site for that year, as described in Section 2.13.
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Weather Adjustment means the following ratio: Simulated Energy in a Measured Meteorological Year (SEMMY) Simulated Energy for a Typical Meteorological Year (SETMY)
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Related to Weather Adjustment

  • SOFR Adjustment means 0.10% (10 basis points).

  • Term SOFR Adjustment means a percentage equal to 0.10% per annum.

  • True-Up Adjustment means any Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.

  • Value Adjustments means cash lending revenues and other revenues on collateral in respect of a Series of ETP Securities.

  • ISDA Fallback Adjustment means the spread adjustment (which may be a positive or negative value or zero) that would apply for derivatives transactions referencing the ISDA Definitions to be determined upon the occurrence of an index cessation event with respect to the Benchmark for the applicable tenor.

  • Cost of Living Adjustment means the percentage (if any) by which the Consumer Price Index for the month of October preceding the adjustment ex- ceeds the Consumer Price Index for the month of October one year before the month of October preceding date of the adjustment.

  • SOFR Adjustment Conforming Changes means, with respect to any SOFR Rate, any technical, administrative or operational changes (including changes to the interest period, timing and frequency of determining rates and making payments of interest, rounding of amounts or tenors, and other administrative matters) that the Administrator decides, from time to time, may be appropriate to adjust such SOFR Rate in a manner substantially consistent with or conforming to market practice (or, if the Administrator decides that adoption of any portion of such market practice is not administratively feasible or if the Administrator determines that no market practice exists, in such other manner as the Administrator determines is reasonably necessary).

  • Floor Price means the minimum price set by the Company in the Issuance Notice below which the Agent shall not sell Shares during the applicable period set forth in the Issuance Notice, which may be adjusted by the Company at any time during the period set forth in the Issuance Notice by delivering written notice of such change to the Agent and which in no event shall be less than $1.00 without the prior written consent of the Agent, which may be withheld in the Agent’s sole discretion.

  • SAFE Price means the price per share equal to (x) the Valuation Cap divided by (y) the Fully Diluted Capitalization.

  • Hammer Price means the level of bidding reached (at or above any reserve) when the auctioneer brings down the hammer;

  • No Adjustment means that the relevant date shall not be adjusted in accordance with any Business Day Convention;

  • Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.