Common use of Meter Inaccuracy Clause in Contracts

Meter Inaccuracy. If the Meter is determined to be inaccurate and such inaccuracy exceeds ANSI C12.20 Standard accuracy range or, if more stringent, as defined by the CPUC or other applicable governing authority for electricity Meters, and if the date that such inaccuracy commenced is known, then all invoices since the date on which such inaccuracies began shall be corrected. If it is unknown when the Meter’s inaccuracy commenced (if such evidence exists, such date will be used to adjust prior invoices), then the invoices covering the period of time since the last meter test shall be adjusted for the amount of the inaccuracy on the assumption that the inaccuracy persisted during one half of such period. Adjustments which benefit Trustees shall be reflected on the next invoice following the date of determination of the inaccuracy. Adjustments which benefit Licensee shall be included on Licensee’s next invoice to Trustees.

Meter Inaccuracy. If the Meter is determined to be inaccurate and such inaccuracy exceeds ANSI C12.20 Standard accuracy range or, if more stringent, as defined by the CPUC or other applicable governing authority for electricity Meters, and if the date that such inaccuracy commenced is known, then all invoices since the date on which such inaccuracies began shall be corrected. If it is unknown when the Meter’s inaccuracy commenced (if such evidence exists, such date will be used to adjust prior invoices), then the invoices covering the period of time since the last meter test shall be adjusted for the amount of the inaccuracy on the assumption that the inaccuracy persisted during one half of such period. Adjustments which benefit Trustees shall be reflected on the next invoice following the date of determination of the inaccuracy. Adjustments which benefit Licensee shall be included on Licensee’s next invoice to Trustees.Trustees.‌