Common use of DAILY SHORT TERM POWER Clause in Contracts

DAILY SHORT TERM POWER. For any day that Short Term Power is reserved, up to $0.21 per kilowatt reserved; less, for each day during which the amount of Daily Short Term Power is reduced upon notice by the supplying party, the demand charge per kilowatt for each day during which any such reduction is in effect shall be waived for each kilowatt of reduction.

Appears in 5 contracts

Samples: Agreement (Ipalco Enterprises, Inc.), Agreement (Indianapolis Power & Light Co), Agreement (Indianapolis Power & Light Co)

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DAILY SHORT TERM POWER. For any day that Short Term Power is reserved, at the rate of up to $0.21 .74 per kilowatt reserved; less, for each day during which reserved per such day. In the event the amount of Daily Short Term Power taken is reduced upon notice by request of the supplying party, the demand charge shall be reduced to zero per kilowatt of reduction for each day during which any such reduction is in effect shall be waived for each kilowatt of reductionmade."

Appears in 3 contracts

Samples: Interconnection Agreement (Ipalco Enterprises Inc), Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co)

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