Common use of Demand Charge Clause in Contracts

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 any month that Limited Term Power (Firm) is reserved, $3.00 4.50 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 0.15 per kilowatt of reduction for each day during which any reduction is in effect. However, such reduction shall not exceed $3.00 4.50 per kilowatt month.