Retail Settlement Code definition

Retail Settlement Code means the code approved by the Board and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;
Retail Settlement Code means the code approved by the Board which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and consumers and provides for tracking and facilitating consumer transfers among competitive retailers;
Retail Settlement Code means the “Retail Settlement Code” established and approved by the Ontario Energy Board as amended or replaced from time to time.

Examples of Retail Settlement Code in a sentence

  • A distributor shall continue to issue settlement statements in accordance with section 7.2.1 of the Retail Settlement Code in order to collect the cost of competitive electricity services calculated according to Chapter 3 of the Retail Settlement Code.

  • The Local Distribution Company (LDC) is licensed by the OEB to distribute and retail power in accordance with the Distribution System Code and Retail Settlement Code.

  • If you are an embedded retail generator selling output from the embedded generation facility to the Ontario Power Authority under contract, you agree that Hydro Ottawa will pay you for generation in accordance with the Retail Settlement Code.

  • On February 28, 2000 the Ontario Energy Board (the Board) issued the Retail Settlement Code (the Code).

  • Such transfers may overdraft your account, result in a transfer from another account to cover the overdraft, or use your Overdraft Protection limit, if any.


More Definitions of Retail Settlement Code

Retail Settlement Code means the Retail Settlement Code issued by the Board, as amended from time to time; (“code appelé Retail Settlement Code”)
Retail Settlement Code or “RSC” means the code issued by the OEB which, among other things, establishes a distributor’s obligations and responsibilities associated with financial settlement among retailers and customers and provides for tracking and facilitating customer transfers among competitive retailers;
Retail Settlement Code means the “Retail Settlement Code” established and approved by the Ontario Energy Board as amended or replaced from time to time, which governs the determination of financial settlement costs for electricity retailers, consumers, distributors and generators.
Retail Settlement Code or “Code” means the Retail Settlement Code approved by the Board.
Retail Settlement Code means the code issued by the Board which, among other things, establishes a distributor’s obligations and responsibilities
Retail Settlement Code means the code approved by the OEB and in effect at the relevant time, which, among other things, establishes a distributor’s obligations and
Retail Settlement Code means the code approved by the Ontario Energy Board.