Residential Exchange Program definition

Residential Exchange Program means the arrangement, based on section 5(c) of the Pacific Northwest Electric Power Planning and Conservation Act, whereby regional utilities sell BPA an amount of power equal to their residential and small-farm load at their average system cost in exchange for federal electric power, and pass on the benefits to their residential and small-farm customers in the form of a bill credit.
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Residential Exchange Program or “REP” means the program established by section 5(c) of the Northwest Power Act.
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Residential Exchange Program means the program implemented under this Agreement and established by section 5(c) of the Northwest Power Act.
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Examples of Residential Exchange Program in a sentence

  • With the exception of sales under the Residential Exchange Program, transmission and ancillary services for use of the Federal Columbia River Transmission System facilities shall be charged separately under the applicable rate schedules.

  • This schedule is also available for the contract purchase of Residential Exchange Program Power by utilities participating in the Residential Exchange Program under Section 5(c) of the Northwest Power Act.

  • Purchases are made pursuant to a Residential Purchase and Sale Agreement or Residential Exchange Program Settlement Implementation Agreement.

  • BPA may, upon not less than 10 business days’ prior written notice to «Customer Name», unilaterally revise this exhibit to implement changes that BPA determines are reasonably necessary to allow it to conduct reviews of the accounts and financial records concerning BPA customers’ participation in the Residential Exchange Program.

  • For details of the ASC Review Period and guidelines, please see the Rules of Procedure available at BPA’s Residential Exchange Program website.

  • The contract under section 5(c) of the Northwest Power Act between Bon- neville and a Utility that defines and implements the power purchase and sale under the Residential Exchange Program.

  • All residential, apart- ment, seasonal dwelling and farm elec- trical loads eligible for the Residential Exchange Program under the terms of a Utility’s Residential Purchase and Sales Agreement.Exchange Period(s).

  • Although the 2008 ASCM permits a Utility’s ASC to be adjusted to reflect major resources that come on-line during the Exchange Period, as part of the 2012 Residential Exchange Program Settlement Agreement, BPA Contract No. 11PB-12322 (“2012 REP Settlement”), all six regional IOUs agreed to waive this right: “Each IOU waives .

  • According to the ILO Director-General 1/6 of the persons below the age of 28 years were thrown out of jobs when the pandemic hit the world.

  • This program is referred to as the Residential Exchange Program (“REP”).


More Definitions of Residential Exchange Program

Residential Exchange Program or “REP” means the Residential Exchange Program established by section 5(c) of the Act.
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Residential Exchange Program means the program established under section 5(c) of the Northwest Power Act.
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Residential Exchange Program or “REP,” means the purchase and sale obligations established under Section 5(c) of the Northwest Power Act. Formatted: Bullets and Numbering
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Related to Residential Exchange Program

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

  • Exchange Program means a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased. The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion.

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • California Renewables Portfolio Standard means the renewable energy program and policies established by California State Senate Bills 1038 and 1078 as amended by Senate Bill SB1X, and codified in California Public Utilities Code Sections 399.11 through 399.31 and California Public Resources Code Sections 25740 through 25751, as such provisions are amended or supplemented from time to time.

  • Related Futures or Options Exchange for the Index means an exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the Index.

  • Investment Criteria The criteria specified in Section 12.2(a).

  • Competitive Local Exchange Carrier (CLEC) means any company or person authorized to provide local exchange services in competition with an ILEC.

  • Alternative program means a non-disciplinary monitoring or practice remediation process approved by a physical therapy licensing board. This includes, but is not limited to, substance abuse issues.

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Competitive Local Exchange Carrier (CLEC) means a telephone company certificated by the Commission to provide local Exchange Service within AT&T-21STATE’s franchised area.

  • Equity Award Exchange Ratio means the sum of (i) the Share Consideration, plus (ii) the quotient of (x) the Cash Consideration divided by (y) the Parent Stock Price, rounded to the nearest one thousandth.

  • System for Award Management (SAM) database means the primary Government repository for contractor information required for the conduct of business with the Government.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.

  • Risk-Based Capital Guidelines means (i) the risk-based capital guidelines in effect in the United States on the date of this Agreement, including transition rules, and (ii) the corresponding capital regulations promulgated by regulatory authorities outside the United States implementing the July 1988 report of the Basle Committee on Banking Regulation and Supervisory Practices Entitled "International Convergence of Capital Measurements and Capital Standards," including transition rules, and any amendments to such regulations adopted prior to the date of this Agreement.

  • Education program or activity means locations, events, or circumstances for which the school district exercises substantial control over both the respondent and the context in which the sexual harassment occurs and includes school district education programs or activities that occur on or off of school district property.

  • Local Exchange Routing Guide (LERG means the iconectiv Reference document used by Telecommunications Carriers to identify NPA-NXX routing and homing information as well as Network element and equipment designations.

  • System for Award Management (XXX) means the Federal repository into which an Entity must enter the information required under the Transparency Act, which may be found at xxxx://xxx.xxx.gov.

  • Solar alternative compliance payment or "SACP" means a

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • System for Award Management (SAM means the primary Government repository for prospective Federal awardee and Federal awardee information and the centralized Government system for certain contracting, grants, and other assistance-related processes. It includes—

  • National Exchange means the Nasdaq National Market or any other national exchange on which the Common Stock of the Corporation is listed.

  • PACE program means a program implemented by a municipality to stimulate energy efficiency and renewable energy projects in conformity with Act 270.

  • Non-Administrator Substance Use Disorder Treatment Facility means a Substance Use Disorder Treatment Facility that does not meet the definition of an Administrator Substance Use Disorder Treatment Facility.

  • Commonwealth Standard Grant Conditions means this document.