Examples of Base Period Demand in a sentence
The Base Period Demand is the peak year of the member agency’s selected demand base period.
The key terms of the Purchase Orders include: • A ten-year term, effective January 1, 2015 through December 31, 2024;• A higher Tier 1 limit based on the Base Period Demand, determined by the member agency’s choice between (1) the Revised Base Firm Demand, which is the highest fiscal year purchases during the 13-year period of FY 1990 through FY 2002, or the highest year in the most recent 12-year period of FY 2003 through FY 2014.
The five-year rolling average is compared to the Base Period Demand annually.
Member agencies that submitted a Purchase Order may purchase up to 90 percent of their Base Period Demand at the lower Tier 1 Supply Rate.
The member agency may continue to purchase up to 90 percent of its cumulative Base Period Demand over the Term at the Tier 1 Supply Rate for the duration of the Purchase Order Term.
If the five-year rolling average exceeds the current Base Period Demand, the Base Period Demand will reset to the current five-year rolling average.
The Base Period Demand shall be the average of the actual measured kW peak demands experienced during the Base Period.
The member agency may continue to purchase up to 90 percent of its cumulative Base Period Demand at the Tier 1 Supply Rate for the duration of the Purchase Order Term.
Increased kW Demand shall be the actual measured kW peak demand experienced during the eight non- summer months of October through May in excess of the Base Period Demand.
When a new Customer assumes operations for a previous Customer's facilities, the new Customer shall be considered an existing Customer and the billing history and number of full-time permanent employees of the previous Customer shall be used to determine the Base Period Demand and employment levels.