Common use of Reserved Capacity Clause in Contracts

Reserved Capacity. The Reserved Capacity is defined as the kilowatts (kW) NES will reserve for Customer in one or more community solar gardens (CSGs). This is estimated by evaluating the Customer’s historical energy usage.

Appears in 2 contracts

Sources: Solar Garden Subscription Agreement, Solar Garden Subscription Agreement

Reserved Capacity. The Reserved Capacity is defined as the kilowatts (kW) NES will reserve for Customer in one or more community solar gardens (CSGs). The Reserved Capacity is an amount equal to eighty percent (80%) of the Customer’s annual electricity usage for the immediately preceding 12- month period. This is estimated by evaluating the Customer’s historical energy usage. As such, Customer authorizes NES to pull Customer’s historical energy usage.

Appears in 1 contract

Sources: Solar Garden Subscription Agreement