Common use of Loss Compensation Clause in Contracts

Loss Compensation. Revenue-quality loss-compensated metering shall be acceptable if the metering facilities and the Interconnection Point are not at the same physical location. The metering shall account for real power losses between the location of the meter and the Interconnection Point and no-load losses of the power transformer. Real power losses between the location of the meter and the Interconnection Point must be agreed upon by both parties. The meter data management system for determining such losses shall be MV-90 or an equivalent meter data management system.

Appears in 4 contracts

Samples: Merger Agreement, Interconnection Agreement (ITC Holdings Corp.), Separation Agreement (ITC Holdings Corp.)

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