Define: Generation Charge

How is Generation Charge defined in a legal contract?

• Generation Charge means the fee for creating electricity. The cost of generating service may vary, as it is competitively determined and not controlled by the Public Utility Commission. If you buy electricity from an electric supplier, your generation charge is based on the agreement between you and your supplier. Seen in 5 SEC filings.
• Generation Charge means a part of the basic service charges on every customer's bill for creating electricity. The cost of generation service, which is competitively determined, depends on the agreement between the customer and their supplier. Seen in 4 SEC filings.
• Generation Charge means the charge for the production of electricity. Seen in 3 SEC filings.
• Generation Charge means a fee for the production of electricity that is part of the basic service charges included in every customer's bill. The cost is not regulated by the Public Utility Commission and is determined by the agreement between the customer and their supplier. Seen in 3 SEC filings.
• Generation Charge means a periodic payment made to a generator by a Transmission and Distribution licensee for the creation and sale of electricity by that generator. This may include energy payments, capacity payments, and management payments, as well as any temporary adjustments that may be applied from time to time. Seen in 2 SEC filings.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of generation charge' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

Generation Charge means the fee for creating electricity, determined by the agreement with the supplier, not regulated by a Public Commission.

Relevant Contract Type

• Power Purchase Agreement
• Energy Supply Contract
• Electricity Generation Agreement

Relevant Circumstances

• Transaction involving the purchase of electricity from a supplier
• Creation or renegotiation of an energy supply contract
• Agreement for joint energy generation projects

Relevant Sectors

• Energy
• Utilities

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Genie Definition 2

Generation Charge means a periodic payment to a generator for the creation and sale of electricity, inclusive of energy, capacity and management payments.

Relevant Contract Type

• Power Purchase Agreement
• Power Generation Agreement
• Generation Interconnection Agreement

Relevant Circumstances

• Contract involving sales from a power generation unit
• Agreement for electric grid interconnection
• Transaction between power generators and Transmission & Distribution licensees

Relevant Sectors

• Energy
• Utilities

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