Examples of On-Peak Hours in a sentence
The billing demand in the current month shall be the greatest of: (i) the maximum measured demand established in the month during On-Peak Hours, as stated herein, (ii) forty percent (40%) of the maximum measured demand established in the month during off-peak hours, (iii) contract demand, or (iv) fifty percent (50%) of the highest billing demand established during the preceding eleven (11) months.
On-Peak Hours are those hours identified as “on-peak” in each applicable Rate Schedule.
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.
On-Peak Hours: During the months of June through September, On-Peak Hours are from 1:00 p.m. to 9:00 p.m., Monday through Friday.