Examples of Meter Asset Charge in a sentence
Where the Meter Asset Manager invoices the Customer directly for Meter Asset Services, the Supplier shall not charge the Customer a Meter Asset Charge.
If the Meter Asset Manager amends its charges for providing the Meter Asset Services levied on the Supplier (either positive or negative) during a Supply Year: the Supplier shall immediately inform the Authority and each Customer in the Customer Portfolio; and the Supplier shall within thirty (30) days send a report to the Authority for each Supply Point specifying the financial impact on the Meter Asset Charge.
The Supplier shall calculate the Meter Asset Charge for each Metering Point (and aggregate these at each Supply Point) being a pass through of the fixed prices per Day levied on the Supplier by the Meter Asset Manager for providing the Meter Asset Services.
If the Supplier is responsible for the Metering Equipment in accordance with sub-clause 7.1, the Customer shall pay the Supplier the Meter Asset Charge and Meter Reading Charge for the Metering Services provided and the Customer shall indemnify the Supplier for any costs incurred by the Supplier as a result of damage caused by the Customer to, or removal of, such third party Metering Equipment.
If a Meter is not included on the MAP File, the Supplier shall, for the purposes of calculating the Meter Asset Charge, choose a Meter which is specified in the MAP File in respect of a Metering Point with substantially the same physical and technical specifications.
If the Supplier is responsible for the Metering Equipment in accordance with Clause 7.1, the Customer shall pay the Supplier the Meter Asset Charge and Meter Reading Charge for the Metering Services provided.
If the Supplier is the Responsible Party, the Customer shall pay the Supplier the Meter Asset Charge and Meter Reading Charge for the Metering Services provided.
In calculating the Meter Asset Charge, the Supplier shall confirm the type of Meter installed at each Customer Site with the Meter Asset Manager which, in the case of the NTS Transporter as Meter Asset Manager, shall include by referring to the Meter Asset Portfolio file received from the NTS Transporter (the “MAP File”).
Fixed Daily Charges (£ per Day) shall comprise: the Network Capacity Charge; the Meter Asset Charge; the Meter Reading Charge; the Commission; the Administration Fee; and any other Approved charges required in order to ensure that the fixed costs associated with a Supply Point are accurately and appropriately allocated (including any adjustments in respect of Transportation Charges and Meter Asset Charges to be applied, pursuant to this Schedule 3, in respect of the previous Supply Year).
In calculating the Meter Asset Charge, the Supplier shall confirm the type of Meter installed at each Customer Site with the Meter Asset Manager which, in the case of the NTS Transporter as Meter Asset Manager, shall include by referring to the Meter Asset Portfolio file received from the NTS Transporter (“MAP File”).