Common use of Coverage and Cost Clause in Contracts

Coverage and Cost. Your monthly bill for electricity for your dwelling unit will cover only electricity consumed within your dwelling unit. The submeter bill will not include any electricity for common areas or common facilities. Your per-KWH cost will be what the electric utility company charges us for an average KWH, that is, our total bill divided by the apartment community’s total KWH consumption. There will be no extra charge of any kind for electrical consumption through your submeter.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

AutoNDA by SimpleDocs

Coverage and Cost. Your monthly bill for electricity for your dwelling unit Apartment will cover only electricity consumed within your dwelling unitApartment. The submeter bill will not include any electricity for common areas or common facilities. Your per-KWH cost will be what the electric utility company charges us for an average KWH, that is, our total bill divided by the apartment community’s total KWH consumption. There will be no extra charge of any kind for electrical consumption through your submeter.

Appears in 2 contracts

Samples: Individual Lease, Lease Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!