Common use of Adjustments for Fractional Billing Period Clause in Contracts

Adjustments for Fractional Billing Period. For a fractional part of a billing period at the beginning or end of service, the demand or capacity charge, and the minimum charge shall each be proportionately adjusted in the ratio that the number of hours that electric service is furnished to the Contractor in such fractional billing period bears to the total number of hours in the billing period involved.

Appears in 8 contracts

Samples: Agreement, Agreement, nyisoviewer.etariff.biz

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Adjustments for Fractional Billing Period. (a) For a fractional part of a billing period at the beginning or end of service, and for fractional periods due to withdrawals of service, the demand or capacity charge, the kilowatthour blocks of the energy charge, and the minimum charge shall each be proportionately adjusted in the ratio that the number of hours that electric service is furnished to the Contractor in such fractional billing period bears to the total number of hours in the billing period involved.

Appears in 1 contract

Samples: Participation Agreement (Pinnacle West Capital Corp)

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