Electric Meters Clause Samples

The 'Electric Meters' clause defines the responsibilities and procedures related to the installation, maintenance, and use of electric meters on a property. Typically, this clause specifies whether the landlord or tenant is responsible for providing and maintaining the meters, and may outline requirements for separate metering of different units or spaces. For example, it might require that each tenant’s electricity usage is measured individually to ensure accurate billing. The core function of this clause is to ensure clear allocation of responsibility for electricity measurement and billing, thereby preventing disputes over utility charges.
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Electric Meters. Landlord reserves the right to install separate meters, submeters, check meters or other measuring devices to measure the electricity consumed in the Premises and in such event the Minimum Electric Energy Charge will be based on actual usage. If direct meters are installed, Tenant shall be responsible for payment of all charges directly to the utility company, such charges to include, without limitation, usage charges, installation charges, meter reading charges and demand factors. If submeters or check meters are installed, Tenant shall pay to Landlord, as Additional Rent, within thirty (30) days after receipt of Landlord’s ▇▇▇▇ therefor, an amount equal to the average actual cost of electrical service per kwh payable by Landlord for the Building times Tenant’s consumption in the Premises as shown on said meter(s) and any tax in connection with the resale of electricity by Landlord to Tenant. Bills for such electrical usage shall be rendered by Landlord at such times as Landlord may elect and the amounts shown on such bills shall be paid by Tenant as Additional Rent within the thirty (30) days after receipt of such bills. Landlord shall be responsible for maintaining and repairing the submeters. The cost of installing meters or other measuring devices that are installed at the election of Landlord shall be divided equally among the tenants for whom the meters are installed at the same time and not based upon rentable area.
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Electric Meters. Landlord reserves the right to install, at its sole cost and expense, separate meters, submeters, check meters or other measuring devices to measure the electricity consumed in the Premises and in such event the Minimum Electric Energy Charge will be based on actual usage. If direct meters are installed, Tenant shall be responsible for payment of all charges directly to the utility company, such charges to include, without limitation, usage charges, meter reading charges and demand factors. If submeters or check meters are installed, Tenant shall pay to Landlord, as Additional Rent, within thirty (30) days after receipt of Landlord’s ▇▇▇▇ therefor, an amount equal to the average actual cost of electrical service per kwh payable by Landlord for the Building times Tenant’s consumption of electrical service in the Premises as shown on said meter(s), plus an administration fee of five percent (5%) to defray the cost to Landlord of the meter readings and associated processing costs. Bills for such electrical usage shall be rendered by Landlord at such times as Landlord may elect and the amounts shown on such bills shall be paid by Tenant as Additional Rent within thirty (30) days after receipt of such bills. Landlord shall be responsible for maintaining and repairing the submeters.
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Electric Meters. Landlord may install one or more electric flow meters or sub-meters to monitor electricity consumption and demand at the Premises as set forth in this Lease.
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Electric Meters. Upon requesting service, Developer, its successors or assigns, including homeowners, as applicable, shall purchase from the BPW at the rate current and existing at the time of issuance and install all electric meters required for development of the Property.
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Electric Meters. Notwithstanding the provisions of this Article 13, Landlord reserves the right to install separate electric meters or other measuring devices for each tenant to measure such tenant’s actual use of Tenant Electric Service, in which event the Tenant Electric Amount shall be based on actual usage. In the event arrangements are made by the Landlord with the utility company for separate usage ▇▇▇▇▇▇▇▇ directly to Tenant, then Tenant shall be responsible for payment of all usage charges directly to the utility. The cost of installation of the meters or other measuring devices shall be divided equally among the tenants and not based upon rentable area.
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Related to Electric Meters

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