Minimum Demand definition

Minimum Demand means the greater of the Contract Minimum Demand or two-thirds of the Expected Peak Demand;
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Minimum Demand means the minimum number of kW or kVA upon which the Minimum Charge for a Site will be calculated.
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Minimum Demand means the lesser of i) 13 megawatts (MW); or
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Examples of Minimum Demand in a sentence

  • In addition, for subsequent periods of disconnection, the customer shall be required to pay an additional Reconnection Charge equivalent to the sum of the Minimum Demand Charges, determined in accordance with the conditions specified in the preceding paragraph, for each month of that subsequent period.

  • For every 30 kW reduction in Minimum Demand, 1 month of notice is required.

  • A Customer is required to give notice to FortisAlberta to reduce the Contract Minimum Demand.

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

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

  • The Customer will not be required to pay the Buy-Down Charge if their Investment Term expires during the notice period required to reduce their Contract Minimum Demand, regardless of whether the Customer gives notice or opts to pay the PILON.

  • 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.

  • Interval meters are available to three-phase Points of Service with a Contract Minimum Demand of less than 333 kW (which coincides with an Operating Demand of less than 500 kW) for a metering charge set out in the Rate, Option and Rider Schedules, plus the cost of installation.

  • 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”.

  • In order to decrease the Contract Minimum Demand or kVA of Capacity, the Customer may be required to pay an additional contribution, or “Buy-Down Charge”.


More Definitions of Minimum Demand

Minimum Demand means the lesser of i) 8.138 megawatts (MW); or ii) the hourly Peak Demand Entitlement established in Exhibit A, Peak Demand.
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Related to Minimum Demand

  • Minimum Denomination has the meaning set forth in Article IV of the Debt Agreement.

  • Contract Demand means:-

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • Minimum Term means, in respect of this Agreement, the period of 12 months beginning on the Effective Date;

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

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 5.0%.