Common use of Replacement Power Clause in Contracts

Replacement Power. Under Rate I-(A) The billing demand will be the customer’s highest 30-minute integrated demand in the billing period recorded on customer’s meter multiplied by the ratio of the customer’s contract demand for its Existing Allocation(s) of replacement power to the highest 30-minute integrated demand recorded on customer’s meter in the twelve months ending with the current billing period. (Such ratio shall not be deemed to exceed the ratio of (i) the contract demand for its Existing Allocation(s) of replacement power to (ii) the total contract demand for replacement and/or expansion power adjusted for losses as provided below.)

Replacement Power. Under Rate UNDER RATE I-(A) The billing demand will be the customer’s highest 30-minute integrated demand in the billing period recorded on customer’s meter multiplied by the ratio of the customer’s contract demand for its Existing Allocation(s) of replacement power to the highest 30-minute integrated demand recorded on customer’s meter in the twelve months ending with the current billing period. (Such ratio shall not be deemed to exceed the ratio of (i) the contract demand for its Existing Allocation(s) of replacement power to (ii) the total contract demand for replacement and/or expansion power adjusted for losses as provided below.)