Network Charge definition
Examples of Network Charge in a sentence
Network Charge is an amount equal to the costs charged by the Distributor and/or transmission service provider to us in relation to you or your Site.
We will pay for the Distribution Services (including connection of the Site) and pass the costs of doing so to you through the Network Charge.
Example 1 – Network Charge Liabilitycharges liability The network charge charges liability is based on: (a) the forecast daily network charges of customers; and (b) the maximum days a network charge will be outstanding (maximum days outstanding).
If applicable, embedded distributors shall also use this account to record the net difference between the amount charged by the host distributor (based on the settlement invoice) for transmission network services and the amount billed to customers using the Board-approved Transmission Network Charge Rate.
Sum Business MIC = 15 kVA + 15 kVA + 35 kVA = 65 kVASum Apartments & Landlord MIC = 12 kVA + 2.5 kVA1 + 2.5 kVA + 15kVA= 32 kVATotal MIC = Sum Business MIC + Sum Apartment & Landlord MIC= 65 kVA + 32 kVA = 97 kVAConnection Charge = Standard Charge for 97 kVA Connection + 50% of Metering Costs + MV / HV Network Charge + Trenching Charges + Exceptional Charges + Shared Network Charges.