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Net Metering Credit Agreement
"I need a Net Metering Credit Agreement for my 500kW solar installation in California, where I'll be allocating credits to three different commercial tenants in my office building starting March 2025, with specific provisions for seasonal credit banking."
1. Parties: Identification of parties entering into the agreement, including utility company and customer/generator
2. Background: Context of the agreement, including reference to applicable regulations and customer's generating facility
3. Definitions: Key terms used throughout the agreement, including 'Net Metering Credits', 'Billing Period', 'Generation Facility'
4. Term and Termination: Duration of agreement and conditions for termination
5. Credit Calculation and Allocation: Methodology for calculating credits and how they will be allocated
6. Billing and Payment: Process for billing and crediting arrangements
7. Facility Requirements: Technical specifications and compliance requirements for the generating facility
8. Representations and Warranties: Standard legal assurances from both parties
1. Credit Trading Provisions: Terms for trading credits with other customers (include when jurisdiction allows credit trading between customers)
2. Environmental Attributes: Ownership and handling of RECs and other environmental attributes (include when generating facility creates environmental attributes)
3. Force Majeure: Provisions for unforeseeable circumstances (include when parties want specific provisions for extraordinary events)
4. Assignment: Terms for transferring rights under the agreement (include when transfer rights are important to either party)
1. Schedule A - Facility Description: Technical specifications of the generating facility
2. Schedule B - Credit Allocation Form: Details of how credits will be allocated among accounts
3. Schedule C - Interconnection Agreement: Reference to or inclusion of separate interconnection agreement
4. Appendix 1 - Credit Calculation Methodology: Detailed explanation of credit calculation process
5. Appendix 2 - Applicable Utility Tariffs: Reference to relevant utility tariffs and rate schedules
Authors
Applicable Law
Billing Period
Credit Allocation
Credit Recipient
Customer
Delivery Point
Effective Date
Eligible Generation Facility
Environmental Attributes
Excess Generation
Force Majeure
Generation Credits
Generator
Host Customer
Interconnection Agreement
Interconnection Point
kWh
Metering Device
Net Metering
Net Metering Credits
Operating Requirements
Party/Parties
PPA Rate
Premises
Project
Qualified Facility
Renewable Energy Credits (RECs)
Service Territory
System Emergency
Tariff
Term
Utility
Utility Account
Assignment
Billing and Payment
Change in Law
Compliance with Laws
Confidentiality
Credit Calculation
Dispute Resolution
Environmental Attributes
Equipment Requirements
Event of Default
Force Majeure
Governing Law
Indemnification
Insurance
Interconnection
Liability and Damages
Maintenance and Operation
Metering
Notices
Regulatory Approvals
Representations and Warranties
Safety and Technical Standards
Severability
Term and Termination
Transfer Rights
Utility Access Rights
Waiver
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