Common use of Metering of the Company Purchases Clause in Contracts

Metering of the Company Purchases. The Company and the Authority shall endeavor to agree upon the type and location of metering equipment to be installed at each interconnection between their respective systems. Such equipment will be provided, maintained, operated and tested by the party on whose premises it is located. All deliveries and receipts between the Company and the Authority, as determined from the meter readings, from schedules of deliveries and from other data, will be adjusted for losses in transmission and transformation, as determined by the Authority in consultation with the Company, to the equivalent of amounts at the Authority’s Niagara Switchyard at the Authority’s delivery voltages to the Company. The Company and the Authority will establish and may as required from time to time revise the procedures for determining the amounts delivered and received. The Company and the Authority shall have the right to inspect and verify the metering equipment of the other upon reasonable notice. Failure to reach agreement will be resolved in the manner prescribed in the metering provisions of the Rules.