Surplus/Shortfall Energy

Example Definitions of "Surplus/Shortfall Energy"
Surplus/Shortfall Energy. Is defined as either (1) Net Energy produced by the Seller's Facility and delivered to Buyer pursuant to this Agreement during the calendar month to the extent such Net Energy exceeds one hundred ten percent (110%) of the monthly Net Energy Target for the corresponding calendar month specified pursuant to this Appendix, or (2) if the Net Energy produced by the Seller's Facility and delivered to Buyer pursuant to this Agreement during the calendar month is less than ninety percent (90%) of the... monthly Net Energy Target for the corresponding calendar month specified pursuant to this Appendix, then all Net Energy delivered by the Facility to the Buyer's electrical system for that given month. View More
All Definitions