Common use of Demand Charge Clause in Contracts

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.

Appears in 3 contracts

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

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Demand Charge. For the billing demand for each calendar week at the rate of $0.85 0.30 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 week during which such reduction is made shall be reduced by $0.14 0.06 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.

Appears in 3 contracts

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

Demand Charge. For the billing demand for each calendar week week, at the rate of $0.85 0.40 per kilowatt for such week week, or if the period is less than a calendar week, week at the rate of $0.14 per kilowatt 1/6 of the aforesaid weekly demand charge 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 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. However, such reduction shall not exceed $0.85 per kilowatt for a calendar week."

Appears in 1 contract

Samples: Interconnection Agreement (Indianapolis Power & Light Co)

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Demand Charge. For the billing demand for each calendar week week, at the rate of $0.85 0.45 per kilowatt for such week week, or if the period is less than a calendar week, at the rate of $0.14 per kilowatt 0.075 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 by $0.14 per kilowatt of reduction 0.075 for each day (other than any Sunday) during which any such reduction is in effect. However, such reduction shall not exceed $0.85 per kilowatt for a calendar week."

Appears in 1 contract

Samples: Interconnection Agreement (Indianapolis Power & Light Co)

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