MINIMUM BILL Sample Clauses

MINIMUM BILL. The monthly minimum bill shall be the Fixed Delivery Service Charge and applicable charge under Rider CEP and Rider GTCJA shown above plus the percentage specified in Rider ETR, Sheet No. 64, the Ohio Excise Tax Liability Rider. Filed pursuant to an Order dated November 1, 2023 in Case No. 22-507-GA-AIR before the Public Utilities Commission of Ohio.
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MINIMUM BILL. The minimum monthly bill will be the charge for the minimum monthly Reserved Capacity of two hundred (200) kW pursuant to the applicable rate schedule. Other provisions of the applicable rate schedule which describe the calculation of Reserve Capacity and Billing Capacity apply. After the fifth (5th) contract year, this provision shall cease.
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MINIMUM BILL. The Settlement Agreement provides for the addition of a minimum base bill of $25.00 for all residential and general service non-demand customers. The minimum bill will better ensure that all customers with little or no usage contribute towards their fair share of fixed system costs. The minimum bill provision is just one element of the Settlement Agreement, but it is reflective of the overall compromise reached through extensive negotiations. It also represents an alternative to increasing the base charge, which would impact all customers, including low-income customers, and not only those customers with low or zero usage. Tr. 2798-99 (Xxxxx). The claim by witness Xxxxxx that the minimum xxxx proposal violates the principle of cost causation (Tr. 2701 (Xxxxxx)) improperly ignores the fact that FPL incurs fixed system costs to connect and serve a customer even if that customer’s usage is low or zero. Without an appropriate adjustment such as a higher customer charge or a minimum bill, other customers are subsidizing the customer with low or zero usage. Tr. 2798 (Xxxxx). A good example is a seasonal, second homeowner that only occupies the premises four to six months out of the year. During the six to eight months of no usage, the owner of the second home would only pay the customer charge in absence of the minimum bill. However, the customer charge covers only the billing, metering, and customer service costs. It does not cover any portion of wires and poles that are still required for FPL to connect the customer to the system and to be ready and available to serve the seasonal second homeowner when they return. In the absence of a minimum bill, other customers are subsidizing the fixed costs incurred for such customers with low or no usage. Tr. 2812-13 (Xxxxx). The minimum bill better ensures that all residential and general service non-demand customers contribute towards their fair share of fixed system costs FPL must incur to be ready, willing, and able to serve a customer’s load at any time even if the customer has low or zero usage at any point. Tr. 2812 (Xxxxx). Witness Xxxxxx also incorrectly claims that the minimum bill proposal under the Settlement Agreement discourages customer investment in energy efficiency and distributed generation. Tr. 2701-02 (Xxxxxx). This argument is factually incorrect because unless a customer goes “off the grid” and completely disconnects from FPL’s system, FPL must still incur fixed costs in order to be ready and able ...
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MINIMUM BILL. (a) Subject to paragraph (c), if the Details specifies a Minimum Bill for a Service, the minimum amount payable by Shipper to APA each Month for the Service is the applicable Minimum Bill.
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MINIMUM BILL. For services rendered under the WACOG rate, the minimum monthly bill shall be equal to the monthly meter charge for WACOG customers as listed in Sec. 13-316 (2).
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Related to MINIMUM BILL

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance." As credits and debits to Your Account are received by Us, We add them to and subtract them from Your actual balance. Examples of credits include, but are not limited to, electronic direct deposits, check deposits that have been fully and finally collected, ACH credits that have settled that day, and cash deposits made to one of Our tellers. Examples of debits include, but are not limited to, checks drawn on Your Account that are presented to Us for payment, electronic fund transfer (EFT) debit transactions (such as preauthorized payments and settled EFT debits), memo-posted EFT debits (EFT debits that We have authorized but which have not been settled), and Credit Union fees and charges. The result of this calculation at any given point in time is called Your "available balance." For the purpose of determining whether an overdraft has occurred, We use Your available balance. First, We add all of the settled credit transactions to the beginning actual balance. Then, We subtract all of the debit transactions that settled that day. We also subtract all of the pending debit transactions. This determines the available balance for overdraft purposes. Each debit transaction that We process when Your Account has a negative available balance is an overdraft, subject to an overdraft charge. Subject to applicable law, You are responsible for paying any overdraft fees and charges assessed in connection with Our payment of an overdraft, as well as any NSF fees charged to Your Account when We dishonor and return an item for non- sufficient funds. It is Your responsibility to know Your Account balance, and if You have any questions You should contact a Credit Union representative.

  • Minimum Balance Merchant agrees to maintain a minimum balance of funds in the Settlement Account as Bank may specify to Merchant in writing from time to time.

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • Minimum System Requirements The following summarizes the minimum office system requirements for all Contractors and Architect/Engineer to possess in order to participate. It is the responsibility of all Contractors and Architect/Engineer to possess these minimum requirements at no additional cost to Princeton University.

  • Minimum Order When the Government requires supplies or services covered by this contract in an amount of less than one each, the Government is not obligated to purchase, nor is the Contractor obligated to furnish those supplies or services under the contract.

  • Minimum Insurance Requirements Contractor shall procure and maintain for the duration of the contract insurance against claims for injuries or death to persons or damages to property which may arise from or in connection with the performance of the work hereunder and the results of that work by the Contractor, his agents, representatives, employees or sub-contractors. Coverage - Coverage shall be at least as broad as the following:

  • Minimum Term Each Service will continue for its specified Minimum Term and thereafter for any Renewal Term(s) unless notice to terminate the Service is given in accordance with this Agreement.

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