Demand Charges definition
Demand Charges means all charges for the purchase of gas or the transportation or storage of gas which are not billed on the volume of gas actually purchased or transported by the Company.
Demand Charges means charges that are based on the maximum demand (in kW or kVA) recorded by your meter in a given period. Energy Charges is defined in clause 5(a)(1). Evergy is defined in clause 2(a).
Demand Charges for a billing period shall mean the amount chargeable based upon the recorded maximum demand in kVA or the contract demand; whichever is higher and shall be calculated as per the procedure laid down in the Tariff Order;
Examples of Demand Charges in a sentence
The Demand Charges and Firm Commodity Benchmark charges shall be calculated as set forth below.
Differences between firm cost of gas revenues actually billed and firm cost of gas expenses actually incurred for each month, as defined below, will be calculated monthly, for both Demand Charges and Firm Commodity Benchmark charges, and accumulated.
Demand Charges will be adjusted as noted in Section 2.4.1 based on the actual lease cost of the Seasonal Barge.
Firm Power Sales Demand Charges made to eligible non-associated entities are recorded in FERC Account 447 - Revenue from Sales for Resale.
Differences between firm gas revenues billed and gas expenses at the end of the month will be calculated monthly, for both Demand Charges and Commodity Charges, accumulated and applied to the subsequent annual factor calculation.
More Definitions of Demand Charges
Demand Charges means the amount, if any, to be paid by Buyer to Seller for capacity as agreed to by the Parties in a Transaction.
Demand Charges means the amount chargeable for the billing cycle or billing period based upon the billing demand in kVA;
Demand Charges means the fixed capacity charges based upon formulas set forth in the MOA.
Demand Charges means any and all demand/reservation charges assessed by a Pipeline pursuant to the approved tariff of such Pipeline.
Demand Charges means the amount of reservation charge, if any, specified for a Transaction.
Demand Charges means any and all demand or reservation charges assessed by Pipeline pursuant to the approved Tariff of Pipeline.
Demand Charges as used herein refers to a charge that will enable Ravenswood to recover costs that it incurs for transporting, maintaining, storing, and handling fuel oil to provide comingled service under the Implementation Agreement regardless of the amount of service it provides. The NYISO will pay Ravenswood the Demand Charges regardless of: (i) whether fuel oil has been burned in furtherance of Rule G.2; (ii) the relative cost of the fuel oil compared to natural gas reflected in the reference levels for Ravenswood’s generating units; and (iii) any revisions to the Services Tariff or Rule G.2 that occur after the date this Implementation Agreement is executed. The O&M Cost is specified as a fixed per barrel cost for the term of the Implementation Agreement. Also included in the Demand Charge are estimated costs for administrative, trading and transactional labor, plant labor specifically for operating the fuel oil facilities, variable heating and booming costs for the off-site tanks, variable operating costs for the barges, taxes, inventory carrying costs and fuel oil testing. Tank cleaning and seasonal barge costs will be subject to a true-up provision in addition to being estimated in the Demand Charge. To obtain a true-up of the invoiced tank cleaning costs, Ravenswood will provide to the NYISO all tank cleaning invoices annually by the 15th of the month following the receipt of the invoice. Should the invoiced amounts paid by Ravenswood for tank cleaning exceed the estimated cost included in the Demand Charge by more than $25,000, the NYISO will reimburse Ravenswood for the total excess of the invoiced amounts. Should the amounts paid to Ravenswood for tank cleaning exceed the estimated cost included in the Demand Charge by more than $25,000, Ravenswood will reimburse the NYISO for the total excess. True-up payments to or from Ravenswood, if any, for Tank Cleaning will be included on the NYISO invoices to Ravenswood for the months of July 2021, July 2022, or July 2023. To obtain a true-up of the seasonal barge and/or tank cleaning payments, Ravenswood will provide to the NYISO all relevant invoices for each year by June 15th of that year. Should the invoiced payments by Ravenswood exceed the respective payment made by more than $25,000, the NYISO will reimburse Ravenswood for the difference. True-up payments to or from Ravenswood, if any, will be included on the NYISO invoices to Ravenswood for the months of July 2021, July 2012, and July 2023 respectively. The N...