Variable Energy Payment definition

Variable Energy Payment means the payment to be made by Buyer to Seller pursuant to Section 5.3 and as specified in Exhibit F.
Sample 1Sample 2Sample 3
Variable Energy Payment has the meaning set forth in Section 5.1.1.
Sample 1Sample 2Sample 3

Examples of Variable Energy Payment in a sentence

  • On or before the tenth (10th) day following the end of each month, Seller shall deliver to Buyer a proper invoice showing Seller’s computation of the Variable Energy Payment, MAAF and the Capacity Payment for such month.

  • Commencing on the last day of the month in which the Commercial Operation Date occurs, Buyer shall pay to Seller in arrears a Variable Energy Payment as set forth in Exhibit F for Net Energy.

Related to Variable Energy Payment

  • Renewable energy project means (A) a project

  • Renewable Energy Source means an energy source that is not fossil carbon-based, non- renewable or radioactive, and may include solar, wind, biomass, geothermal, landfill gas, or wave, tidal and thermal ocean technologies, and includes a Certified Renewable Energy Source.

  • Eligible Renewable Energy Resource or “ERR” has the meaning set forth in California Public Utilities Code Section 399.12 and California Public Resources Code Section 25741, as either code provision is amended or supplemented from time to time.

  • renewable energy sources means renewable sources such as small hydro, wind, solar including its integration with combined cycle, biomass, bio fuel cogeneration, urban or municipal waste and other such sources as approved by the MNRE;

  • Renewable energy system means a fixture, product, device, or interacting group of fixtures, products, or devices on the customer's side of the meter that use 1 or more renewable energy resources to generate electricity. Renewable energy system includes a biomass stove but does not include an incinerator or digester.

  • Renewable energy means the grid quality electricity generated from renewable energy sources;

  • Renewable energy facility means an electric generation unit or other facility or installation that produces electric energy using a Renewable Energy Source.

  • Renewable energy resources means energy derived from solar, wind, geothermal, biomass, and hydroelectricity. A fuel cell using hydrogen derived from these eligible resources is also an eligible electric generation technology. Fossil and nuclear fuels and their derivatives are not eligible resources.

  • Energy Price has the meaning set forth in Section 4.[1/2](a).

  • Class I renewable energy means electric energy produced from

  • Renewable Energy Certificate or "REC" means a certificate

  • Class II renewable energy means electric energy produced at a

  • Net energy metering means the difference between the kilowatt-hours consumed by a customer-generator and the kilowatt-hours generated by the customer- generator's facility over any time period determined as if measured by a single meter capable of registering the flow of electricity in two directions.

  • Renewable Energy Credit has the meaning set forth in California Public Utilities Code Section 399.12(h) and CPUC Decision 00-00-000, as may be amended from time to time or as further defined or supplemented by Law.

  • Solar energy system means a system of components that produces heat or electricity, or both, from

  • Rechargeable Electrical Energy Storage System (REESS) means the rechargeable energy storage system that provides electric energy for electrical propulsion.