Consumed Energy definition
Examples of Consumed Energy in a sentence
These options are described as following: Energy Consumed Energy Consumed indicates how much electricity was consumed in a past period.
The Municipality shall balance the Total Consumed Energy with Wheeled Energy on a Kilowatt Hour basis and not a Rand basis.
The Total Consumed Energy shall be measured monthly by the Municipality at the Customer’s POS for each Billing Period on a [monthly / half hour] reconciliation basis.
If a ranking is provided in Schedule 6, the Municipality shall apply the allocation as provided for in clause 11.1., starting with the first ranked Off-taker, until 100% of that Off-taker(s) Total Consumed Energy is balanced with the nominated Wheeled Energy, before allocating Wheeled Energy to the next nominated Off-taker.
The Total Consumed Energy shall be measured monthly by the Municipality at the Off-taker(s) POS for each Billing Period on a [monthly / half hour] reconciliation basis.
The Municipality shall allocate Wheeled Energy to a specified Off-taker until the Wheeled Energy equals either the Total Consumed Energy or, if a percentage allocation of the Wheeled Energy has been nominated for allocation to that Off-taker as specified in Schedule 6, until the percentage allocation of Wheeled Energy equals the Total Consumed Energy.
In the event of a Third Party Supplier(s) not being able to inject Electrical Energy into the Electrical Grid for whatsoever reason, Consumed Energy which is not balanced with Wheeled Energy will be accounted for as Deficit Wheeled Energy.
The Municipal Meter(s) shall be the primary meter utilised for the purposes of measuring the Total Consumed Energy at the Customer’s POS and for the purposes of calculation of any charges payable under this Agreement.
In the event of the Customer not being able to receive Electrical Energy for whatsoever reason, Wheeled Energy which is not balanced with Total Consumed Energy will be considered to be Surplus Wheeled Energy.
Energy will be metered over [half hourly/ monthly] metering reconciliation periods at the Customer’s POS to determine Total Consumed Energy and at the applicable Intake Points to determine Wheeled Energy, for each Billing Period.