ZREC definition
Examples of ZREC in a sentence
Payment for any LRECs or ZRECs Delivered in accordance with Section 5.3 of this Agreement shall be made by Buyer to Seller on or before the last day of the month following the month of LREC or ZREC receipt in accordance with Section 5.3 (or in either event the next Business Day if such day is not a Business Day).
Seller understands and agrees that under no circumstances shall the Delivery Term be extended beyond such fifteen year period from the Delivery Term Start Date, irrespective of any delays in LREC or ZREC deliveries, whether or not due to one or more Force Majeure Events, even if such delay(s) result in initial Delivery under this agreement that is subsequent to the Delivery Term Start Date.
See the following link for guidance on opening a new NEPOOL GIS account and registering a new generator: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/how-to/account/ A couple tips when registering a new LREC or ZREC generator: • You will want to register a “Non-NEPOOL Generator”, which is a behind the meter generator type • Regarding the 2 page generator registration form, fill out all the required fields on the first page, and leave the entire second page blank.
Due to the proprietary information in the sealed bids for the upcoming ZREC auction, a public opening of the auction bids will not take place.
If final Facility size differs from original description as set forth in the Cover Sheet and, if applicable, Appendix B: any increase that results in a Facility size behind the REC Meter that exceeds statutory maximum limits for an LREC or ZREC project, as applicable, shall result in immediate and automatic termination of this Agreement.
As part of your response to this RFP, we request that you complete pricing information for the sites (see Appendix A) with the executed ZREC Contracts (see Appendix B) and include PPA pricing and proposed ZREC bid values for the two systems to be included in the 2018 Medium/Large ZREC auction.
Seller shall measure the amount of Energy supplied to Purchaser at the Delivery Point using a commercially available, revenue-grade metering system that complies with the then applicable Utility meter requirements for the ZREC program (as hereinafter defined).
The open ZREC photovoltaic project on the East Campus substation meter however will not be completed before the 2019 L/ZREC bid period so it can only be considered for future development opportunities once the current ZREC photovoltaic project is completed.
This document outlines The United Illuminating Company’s (“UI”) meter requirements for generators participating in the LREC and ZREC program (“Program”) and interconnecting with UI.
Seller understands and agrees that under no circumstances shall the Delivery Term be extended beyond such fifteen year period from the Delivery Term Start Date, irrespective of any delays in ZREC deliveries, whether or not due to one or more Force Majeure Events, even if such delay(s) result in initial Delivery under the Agreement that is subsequent to the Delivery Term Start Date.