Peak Demand definition

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

Peak Demand means electrical demand at the times of highest annual demand on the utility’s system.

Peak Demand means electrical demand at the time of highest annual demand on the utility’s system, measured in 15 minute intervals.

Examples of Peak Demand in a sentence

• The Licensee shall guarantee the final Actual Peak Demand Reduction Price, as set forth in the Agreement.

• The Trustees and the Licensee have agreed to a schedule, design, specifications, and a Guaranteed Final Actual Peak Demand Reduction Price and, the Trustees have issued a building permit and Attachment 3 Authorization to proceed to Construction to the Licensee to complete the design and construct the Project.

• The Guaranteed Final Actual Peak Demand Reduction Price shall be subject to additions and deductions by change order as provided in Article 38, Change Orders.

• Trustees’ obligation in any Contract Year shall be to purchase all of the Peak Demand Reductions delivered or deemed delivered to Trustees by the System in any Contract Year, up to an amount equal to 120% of the EDR for such Contract Year.

• If Licensee delivers more than 120% of the EDR in any Contract Year, Trustees shall not be obligated to purchase any Peak Demand Reductions in excess of 120% of EDR.

More Definitions of Peak Demand

Peak Demand means the maximum water demand in gallons per minute at any given time. The peak demand is some- times estimated to be 2.0 times the total maximum day water use in gallons averaged over 1,440 minutes/day or the peak hour demand in gallons per minute on the maximum day of use.

Peak Demand means the highest hourly integrated net energy for load within a certain period (e.g., in a month, a season, or a year).

Peak Demand means the maximum potential water usage from the water source, based on an estimated seventy gallons per person per day or the estimated number of usable water fixtures running at full flow or the maximum pump capacity, if the pump limits the potential peak demand.

Peak Demand means the total combined annual coincident peak energy demand of all utility service territories in New Hampshire.

Peak Demand means the highest level of electricity demand in the

Peak Demand or "peak load" means the electric transmission owner's or electric utility's maximum sixty-minute integrated clock hour predicted or actual load for the year.

Peak Demand means the one hour of greatest electricity demand as metered during the previous 12 months prior to entering into this Agreement”.