[Ord. No. 15-07.20, 7-21-2015]
The following words or terms are, for purposes of this Article, defined as follows;
The amount of money that is credited to a customer-generator for electricity generated within a billing period that is in excess of the electricity delivered by the City. The credit will be at the current retail kilowatt-hour rate collected by the City at the time of billing. State Statute only requires a credit of the City's purchase price for electricity.
The City of Marceline, Missouri.
A consumer of electric energy that purchases electric energy from the City and is the operator of a qualified generating and net metering facility.
Measuring the difference between the electricity supplied by the City and the electricity generated by an eligible customer-generator and fed back to the electric grid over the applicable billing period.