Examples of Off-Peak Hours in a sentence
Except where specifically defined in the Rate Schedules, all hours that are not On- Peak Hours shall be considered Off-Peak Hours.
However, for Customers utilizing thermal storage, the Maximum Demand shall be limited to the greater of the actual Maximum Demand occurring during the On-Peak Hours or fifth percent (50%) of the Maximum Demand occurring during the Off-Peak Hours.
Off-Peak Hours: Off-Peak Hours are all hours that are not On-Peak Hours, including every hour on Saturday and Sunday.
When calculating the invoice, Seller shall provide computations showing the portion of Net Output that was delivered during On-Peak Hours and the portion of Net Output that was delivered during Off-Peak Hours.
Reference New England Internal Hub Price means the prices as specified in the following table: **The Reference New England Internal Hub price shall be calculated as ((Peak Price x number of Peak Hours in the Month) + (Off-Peak Price x number of Off-Peak Hours in the Month))/(Total Hours in the Month)), as applicable.