Power Factor. The rates contained in this Agreement are based on Purchaser maintaining at all times a Power Factor of not less than 90% lagging at the Xxxxxx Plant site as determined by the simultaneous measurement of the meters at the Point of Metering. If the average Power Factor during any Billing Period is found to be less than 90% lagging, the Measured Energy during such Billing Period will be increased by 3/4 of 1% for every 1%, or portion thereof, that the Power Factor is less than 90%.
Appears in 4 contracts
Samples: Electric Service Agreement, Electric Service Agreement, Electric Service Agreement
Power Factor. The rates contained in this Agreement are based on Purchaser maintaining at all times a Power Factor of not less than 90% lagging at the Xxxxxx Plant site as determined by the simultaneous measurement of the meters at the Point of Metering. If the average Power Factor during any Billing Period Month is found to be less than 90% lagging, the Measured Energy during such Billing Period Month will be increased by 3/4 of 1% for every 1%, or portion thereof, that the Power Factor is less than 90%.
Appears in 2 contracts
Samples: Electric Service Agreement, Electric Service Agreement