Examples of Rate Order in a sentence
The Licensee shall fulfill its obligation under section 29 of the Electricity Act to sell electricity in accordance with the requirements established in the Standard Supply Service Code, the Retail Settlement Code and the Licensee’s Rate Order as approved by the Board.
The Licensee shall not charge for connection to the distribution system, the distribution of electricity or the retailing of electricity to meet its obligation under section 29 of the Electricity Act except in accordance with a Rate Order of the Board.
The terms of such connection or offer to connect shall be fair and reasonable and made in accordance with the Distribution System Code, and the Licensee’s Rate Order as approved by the Board.
If the terms of the Rate Order are not met by the end of the Effective Period, the Rate Order will expire.
If the exchange rate specified in the Rate Order (“Target Rate”) does not become sustainable and purchasable during the Effective Period, the Rate Order will automatically expire at the end of the Effective Period.