Transformer Losses Sample Clauses

Transformer Losses. If delivery is made at transmission voltage but metered on the low side of Customer's substation, the meter readings will be adjusted by an amount based on the manufacturer's actual test report for such transformer or for a transformer of similar age and type, or in the absence of such test reports, by two percent to compensate for transformer losses.

Transformer Losses. Whenever a Value Engineering study is completed and it results in a net cost saving to the Utility in the no-load and/or load loss, the benefits for each stock item would be shared on the basis of the following formula : The [XX] is derived from the Supplier’s experience that shows that for every $[XX] of improvement in the cost of losses, the manufacturer has an increase in cost of $[XX]. This in turn leaves a $[XX] net saving that would be shared equally between the Utility and the Supplier. Therefore [XX]% of the reduced cost of loss goes to the manufacturer to cover costs and a share of the savings, and [XX]% of the reduced cost of losses goes to the Utility.