Examples of Off-Peak Period in a sentence
Demand Response 2 program is a demand response program with contractual obligations to shift load from the On-Peak Period (business days from 8:00 a.m. to 8:00 p.m.) to the Off-Peak Period (all other hours).
The Off-Peak Period Contracted Demand is the demand in excess of the sum of the Regular Contracted Demand, the Non-Summer Contracted Demand and the Saturday Par- tial-Peak Contracted Demand during Off-Peak Period.3. For customer taking Time-of-Use Rate (B) Service:The Regular Contracted Demand is determined according to the agreement between the customer and the Company on the basis of customer’s maximum demand during Fixed or Mobile Peak Period.
The total Peak or Off-Peak RDA, including the prior period reconciliation, deferral amounts, and all carrying charges, may not exceed three percent (3%) of total revenues from firm sales and firm transportation throughput for the most recent corresponding Peak or Off-Peak Period, here-in referred to as the Revenue Decoupling Cap (“RDC”), with transportation revenues adjusted by imputing the Company’s cost of gas charges for that period.
Amounts determined to be in excess of the RDC shall be deferred and included in the RDA reconciliation for recovery in the subsequent year during the corresponding Peak or Off-Peak Period as long as the sum of the RDA for that period, including the prior period reconciliation, deferral amounts, and all carrying charges, does not exceed the RDC for that period.
Off-Peak pricing shall be applicable during the Off-Peak Period, which will be all other hours.