Demand Charge. For the billing demand for each calendar week at the rate of $0.85 per kilowatt for such week or if the period is less than a calendar week, at the rate of $0.14 per kilowatt per day. In the event the amount of Short Term Energy taken is reduced upon the request of the supplying party, the demand charge for the period during which such reduction is made shall be reduced $0.14 per kilowatt of reduction for each day during which any reduction is in effect. However, such reduction shall not exceed $0.85 per kilowatt for a calendar week.
Demand Charge. During the period commencing with the Effective Date and for the remainder of the term of this Agreement, demand charges payable by the Sponsoring Companies to Corporation shall be determined by the Corporation as provided below in this Section 5.03. Each Sponsoring Company's share of the aggregate demand charges shall be the percentage of such charges represented by its Power Participation Ratio. The aggregate demand charge payable each month by the Sponsoring Companies to Corporation shall be equal to the total costs incurred for such month by Corporation resulting from its ownership, operation, and maintenance of the Project Generating Stations and Project Transmission Facilities determined as follows: As soon as practicable after the close of each calendar month the following components of costs of Corporation (eliminating any duplication of costs which might otherwise be reflected among the corporate entities comprising Corporation) applicable for such month to the ownership, operation and maintenance of the Project Generating Stations and the Project Transmission Facilities, including additional facilities and/or spare parts (such as fuel processing plants, flue gas or waste product processing facilities, and facilities reasonably required to enable the Corporation to limit the emission of pollutants or the discharge of wastes in compliance with governmental requirements) and replacements necessary or desirable to keep the Project Generating Stations and the Project Transmission Facilities in a dependable and efficient operating condition, and any provision for any taxes that may be applicable to such charges, to be determined and recorded in the following manner:
(a) Component (A) shall consist of fixed charges made up of (i) the amounts of interest properly chargeable to Accounts 427, 430 and 431, less the amount thereof credited to Account 432, of the Uniform System of Accounts, including the interest component of any purchase price, interest, rental or other payment under an installment sale, loan, lease or similar agreement relating to the purchase, lease or acquisition by Corporation of additional facilities and replacements (whether or not such interest or other amounts have come due or are actually payable during such Month), (ii) the amounts of amortization of debt discount or premium and expenses properly chargeable to Accounts 428 and 429, and (iii) an amount equal to the sum of (I) the applicable amount of the debt amortization component ...
Demand Charge. $2.52 per kilowatt of Billing Demand
Demand Charge. For any month that Limited Term Power (Firm) is reserved, $3.00 per kilowatt reserved. However, in the event the Limited Term Power (Firm) reserved is reduced upon the request of the supplying party, the demand charge for the period during which such reduction is made shall be reduced $0.10 per kilowatt of reduction for each day during which any reduction is in effect. However, such reduction shall not exceed $3.00 per kilowatt month.
Demand Charge. For the billing demand for each week, at the rate of $0.40 per kilowatt for such week. In the event the amount of Short Term Energy taken is reduced upon request of the supplying party, the demand charge for the week during which such reduction is made shall be reduced by one-sixth (1/6) of the aforesaid weekly demand charge per kilowatt of reduction for each day (other than any Sunday) during which any reduction is in effect."
SECTION 2. This Modification No. 3 shall be effective from the date hereinabove first written to the expiration of Service Schedule F of the 1960 Agreement.
SECTION 3. Except as hereinabove modified and amended, all the terms and conditions of the 1960 Agreement shall remain in full force and effect.
SECTION 4. This agreement is made subject to the jurisdiction of any governmental authority or authorities having jurisdiction in the premises.
SECTION 5. This agreement shall inure to the benefit of and be binding upon the successor and assigns of the respective parties.
Demand Charge a. Seattle may adopt a demand charge in accordance with the methodology described in Exhibit III. The demand charge rate (i.e., dollars per 1000 gallons of deficient storage) shall be based on the equivalent cost of providing the deficient storage.
b. The proceeds of the demand charge will be treated in rate setting as a credit to the New Transmission Cost Pool.
c. Seattle shall suspend the demand charge rate in the event of emergencies and unforeseen conditions.
Demand Charge. MVD shall pay the Company an annual demand charge of $181,718 (the “Annual Demand Charge”) payable to the Company in equal monthly installments of $15,143.13 per month. The Demand Charge is subject to determination by the NHPUC as part of the proceeding to approve this Agreement. The Demand Charge shall be due and payable without regard to the amount of water actually taken by MVD or any volumetric charges for such purchases. If there is a period of time, one week or longer in continuous duration, where the Company cannot deliver the 0.25 million gallons per day (“MGD”) requested by MVD the Demand Charge in that year will be reduced by the number of days where 0.25 MGD is not available to the Town divided by 365 multiplied by the annual Demand Charge. The Company may only adjust the Demand Charge in the event a new cost of service allocation study is obtained by PWW (a “Cost of Service Study”) and approved by the NHPUC and where the adjustment to the Demand Charge is in direct response to the need to comply with regulations of the United States Environmental Protection Agency or the New Hampshire Department of Environmental Services and where such compliance involves the need to make material investment in or upgrades to the material water supply facilities that serve MVD. Such material investments or upgrades include those made to, for example, PWW’s Nashua water treatment plant, the Pennichuck Brook Dams, the Merrimack River Raw Water Pumping Station, and the Xxxxxxx Tanks. The Demand Charge shall only be adjusted to the extent that the material upgrade is necessary to comply with the regulations and is required to serve the Town, and where the Demand Charge has been approved by the NHPUC.
Demand Charge. Article VIII of the Agreement is hereby amended by adding a new subsection (c) to the Section thereof entitled “Fees,” which shall read in full as follows:
Demand Charge. Commencing January 1, 2016 and ending December 31, 2025, for each Month, Customer shall pay to Transporter a demand charge of $360,000 per Month in consideration of Transporter’s agreement to provide Priority Firm Service to Customer. Such demand charge shall be in addition to the transportation fee described in Section VIII(a) of this Agreement.
Demand Charge. Demand shall be the maximum average kva (thousand volt amps) load used by the Facility for any period of 15 consecutive minutes during the month for which the xxxx is rendered, as indicated or recorded by a demand meter and shall be billed at the following rate:
