Benchmark Quantity definition
Benchmark Quantity means Customer's expected monthly kWh electricity consumption for the Term. Customer's expected consumption may be set out on Exhibit
Benchmark Quantity means Customer's expected kWh electricity consumption for the Term, which may be set out on the applicable Exhibit D, depending on the Customer’s product. If Customer’s expected consumption is not set out on the applicable Exhibit D, Seller will determine the Benchmark Quantity by reference to Customer Information and Customer’s 12 months of electricity consumption before the Effective Date or the most recent Amendment or Energy Transaction Confirmation, or for new facilities, Customer Information and electricity consumption of comparable facilities, each as may be adjusted in accordance with this Agreement..
Benchmark Quantity means Customer’s expected monthly kWh electricity consumption for the Term based on Customer Information and the 12 months of electricity consumption by Customer before the Effective Date, or for new facilities, Customer Information and electricity consumption of comparable facilities, each as may be adjusted pursuant to this Agreement. The Parties agree that the Benchmark Quantity is a reasonable estimate of electricity consumption.
Examples of Benchmark Quantity in a sentence
Any revised price resulting from a reduction in your annual peak demand or an Operations Change will be reflective of the then current market conditions and the change in your electricity usage or demand relative to the Benchmark Quantity.