Metering Requirement and Data Sample Clauses

The Metering Requirement and Data clause establishes the obligations and standards for measuring and recording the usage or consumption of a particular resource, such as electricity, water, or gas, within the scope of an agreement. It typically specifies the type of metering equipment to be used, the frequency of data collection, and the responsibilities for maintaining and accessing metering data. This clause ensures that both parties have accurate and reliable information for billing, monitoring, or compliance purposes, thereby reducing disputes and promoting transparency in resource usage.
Metering Requirement and Data. All Products from the Units must be delivered through a single Electric Revenue Meter and that meter must be dedicated exclusively to the Units. All Energy must be measured by the Units’ Electric Revenue Meter to be eligible for payment under this Agreement. To support invoice settlement purposes, Seller shall provide Buyer with access to all real-time meters, billing meters and back-up meters (i.e., all metering). Seller shall authorize Buyer to view the on-line meter data from the Electric Revenue Meter. Within Schedule 3 of Seller’s Meter Service Agreement with the CAISO, Seller shall identify Buyer as an authorized user with “read only” privileges. [If the interconnecting Transmission Provider is not the CAISO, the prior sentence shall be modified accordingly.] [All Gas must be delivered through and measured by the Gas Meter. If such Gas Meter is not dedicated exclusively to a single Unit, then all Gas used by such Unit shall be measured by a Gas submeter]. In addition, Seller hereby agrees to provide all meter and submeter data to Buyer as set forth in Section 3.8(f). Seller consents to Buyer obtaining from the Transmission Provider the Electric Revenue Meter data, [and from the interconnecting Gas pipeline all Gas Meter data], applicable to the Units and all inspection, testing and calibration data and reports and agrees to provide to Buyer all meter data, inspection, testing and calibration data and reports for the submeter(s). If the Transmission Provider makes any adjustment to any Electric Revenue Meter data for a given time period, [or if the interconnecting pipeline makes any adjustment to any Gas Meter data for a given time period,] Buyer shall incorporate such revisions in its next monthly invoices, if applicable, pursuant to Section 6.1 (Billing and Payment), covering the entire applicable time period in order to conform fully such adjustments to the meter data. (If Seller is the recipient of the meter information, Seller shall promptly provide the meter information to Buyer.) Buyer shall submit any such revised invoice on the next date on which Buyer is to render an invoice in accordance with Section 6.1 provided that Buyer shall not be required to render an invoice sooner than twenty (20) days after the date on which Buyer receives such binding adjustment to the meter data. Payment or credit resulting from the adjustment shall be due on the first Monthly Payment Date following the invoice. [For facilities other than Gas-fired facilities, o...
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