Contracted Minimum Demand definition

Contracted Minimum Demand means the minimum Demand in kW or kVA specified in the Electric Service Agreement and is calculated as 80% of the Forecast Peak Demand, whether with respect to distribution demand or transmission demand or both;
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Contracted Minimum Demand means the minimum Demand in kW or kVA specified in the Electric Service Agreement;
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Contracted Minimum Demand means the minimum Demand in kW or kVA specified in the Electric Service Agreement and is calculated as 80% of the Forecast Peak Demand;
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Examples of Contracted Minimum Demand in a sentence

  • Fees and charges payable by the Customer will be determined based on the greater of the actual Demand or the Contracted Minimum Demand.

  • The Forecast Peak Demand will be used for establishing the investment available and the Contracted Minimum Demand.

  • A Customer at an existing Point of Service may receive a refund where an Electric Service Agreement with an increased Contracted Minimum Demand is executed as described in the section “Changes to Service Requirements”.

  • Notwithstanding any other provisions in the Terms and Conditions, a new Electric Service Agreement with a revised Contracted Minimum Demand value is required before the Customer may increase its service requirements for a Service Connection.

  • Notwithstanding any other provisions in the Terms and Conditions, a new Electric Service Agreement with a revised Contracted Minimum Demand value is required before the Customer may decrease its service requirements for a Service Connection.

  • A Customer will only be entitled to a refund if the Customer’s Contracted Minimum Demand is increased within the initial term of the Electric Service Agreement.

  • See below for the buy-down formula.BDC = Ro[CDo - CDn](Tr/Tc) BDC – Buy-down Cost [$]Ro – Actual Investment Rate [$/kVA]CDo – Original Contracted Minimum Demand (kVA)CDn – New Contracted Minimum Demand Requested [kVA] Tr – Contract Term Remaining [Months]Tc – Original Contract Term [Months] Actual Investment Rate is the actual rate of investment by EDTI when the ESA was signed.

  • If a Customer’s Forecast Peak Demand decreases, the Customer’s Contracted Minimum Demand shall not be reduced.

  • Eligible Lot means Lots 348, 349, 310, 312, 313, 314, 316, 318, 319, 327, 328, 338, & 339 Eligible Amount means: $10,000 Lots 348 & 349 $15,000 Lots 310, 312, 313, 314 $20,000 Lots 316, 318, 319, 327, 328, 338 & 339 Buyer Signature ...............................................................................................

  • The refund will not exceed the amount of the prior Customer Distribution Contribution.A Customer will only be entitled to a refund if the Customer’s Contracted Minimum Demand is increased within the initial term of the Electric Service Agreement.


More Definitions of Contracted Minimum Demand

Contracted Minimum Demand means the demand level in kW or kVA established by contractual arrangement between EPCOR Distributions and a Customer or Authorized Customer Representative in relation to EPCOR's investment in site facilities.
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Related to Contracted Minimum Demand

  • Required Minimum means, as of any date, the maximum aggregate number of shares of Common Stock then issued or potentially issuable in the future pursuant to the Transaction Documents, including any Underlying Shares issuable upon exercise in full of all Warrants or conversion in full of all shares of Preferred Stock, ignoring any conversion or exercise limits set forth therein.

  • Maximum Daily Starts means the maximum number of times that a generating unit can be started in an Operating Day under normal operating conditions.

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Minimum Term means the minimum initial period of service for each Service as shown on the Service Agreement and Order Schedule, such period to start on the date on which the relevant Service is first made available to you for use. For the avoidance of doubt, unless otherwise agreed the minimum term will be 12 months from your contract commencement date or other such date as may be notified to you in accordance with paragraph 19.2.

  • Minimum Acceptable Price with respect to any Put Notice Date shall mean seventy-five percent (75%) of the lowest closing bid prices for the ten (10) Trading Day period immediately preceding such Put Notice Date.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Minimum Collateral Amount means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to 105% of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount equal to 105% of the Outstanding Amount of all L/C Obligations, and (c) otherwise, an amount determined by the Administrative Agent and the L/C Issuer in their sole discretion.