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____ a. Average retail utility energy rate. <br />QF capacity must be less than 40 kW. <br />____ b. Simultaneous purchase and sale billing rate. <br />QF capacity must be less than 40 kW. <br />____ c. Roll-over credits. <br />QF capacity must be less than 40 kW. <br />____ d.Time-of-day purchase rates. <br />QF capacity must be 40 kW or more and less than or equal to 100 kW. <br />A copy of the presently approved rate schedule is attached to this contract. <br />3.The rates for sales and purchases of electricity may change over the time this <br />contract is in force, due to actions of the Utility or the State of Minnesota, and the <br />QF and the Utility agree that sales and purchases will be made under the rates in <br />effect each month during the time this contract is in force. <br />4.The Utility will compute the charges and payments for purchases and sales for <br />each billing period. Any net credit to the QF, other than kilowatt-hour credits under <br />clause 2(c), will be made under one of the followingoptions as chosen by the QF. <br />____ a. Credit to the QF's account with the Utility. <br />____ b. Paid by check or electronic payment service to the QF within fifteen (15) <br />days of the billing date. <br />5.Renewable energy credits associated with generation from the facility are owned <br />by: <br />________________________________________________________________. <br />6.The QF must operate its electric generating facilities within any rules, regulations, <br />and policies adopted by the Utility not prohibited by the rules governing <br />reasonable technical connection and operating specifications for the QF and are <br />and Small Power Production, as required under Minnesota Statutes §216B.164, <br />subdivision 9. <br />7.The QF will not enter into an arrangement whereby electricity from the generating <br />provide electric service in its service area under Minnesota Statutes, §216B.37-44. <br />86 <br />