Commodity rate definition
Commodity rate means the portion of gas costs billed by a gas or natural gas company's suppliers (expressed in dollars and cents per Mcf, dekatherm, or BTU), which relates volumetrically to the cost of the units of gas obtained by the company for sale to its customers. For purposes of the calculations required under rule 4901:1-14-05 of the Administrative Code, "commodity rate" means the average of the commodity rates expected to be in effect during the period the new gas cost recovery rate will be in effect.
Commodity rate means a rate published to apply to a commodity specifically named or described.
Commodity rate means the specific rate applicable to a commodity, as described in a tariff.
Examples of Commodity rate in a sentence
In addition, Shipper will be charged the applicable base tariff Commodity rate, Volumetric Surcharges, ACA, fuel and any other related fees or surcharges.
More Definitions of Commodity rate
Commodity rate. ’ means a rate applicable to a specific article or articles described in the tariff in which the rate is published. The tariff containing such rates is a ‘‘commodity tariff.’’
Commodity rate means a rate published to apply on a commodity or commodities that are specifically named or described in the tariff or a separate commodity list.
Commodity rate means the charge for water and sewer usage, based on cubic feet of consumption. Commodity charge shall not include meter reading fees, late charges, interest or other associated charges.
Commodity rate means a unit rate expressed in dollars per unit, payable by a user and applied to the actual water consumption as determined in this Ordinance.
Commodity rate means the Monthly rate per MMBtu for Service actually utilized by Customer in respect of a Transaction as agreed to by Katy and Customer.
Commodity rate means charge based upon estimated volume of wastewater generated.
Commodity rate means the portion of gas costs billed by a gas or natural gas company's suppliers (expressed in dollars and cents per Mcf, dekatherm or BTU),