Prepaid meters definition

Prepaid meters. If any ICP has Metering Equipment installed in respect of which the Customer will pay for electricity and Distribution Services before such services are consumed and the Customer does not receive Invoices in respect of such services then, in respect of that ICP: (a) the Retailer will not be required to send an Invoice to the Customer; (b) the total charges for Distribution Services included in the amount received from that Customer will be estimated by the Retailer on receipt of such payment by applying the Price Category in respect of that ICP to the Retailer’s estimate of the Customer’s fixed and variable charge quantities; and (c) the total charges for Distribution Services estimated in accordance with paragraph
Sample 1Sample 2
Prepaid meters means meters allow a consumer to purchase a credit for a certain amount of electricity at a fixed price from a distributor or retailer by having the amount posted to the meter at the consumer’s location. When the purchased amount of electricity has been used, the meter will automatically interrupt electricity supply to the location.
Sample 1
Prepaid meters. If any ICP has Metering Equipment installed in respect of which the Consumer will pay for electricity and Distribution Services before such services are consumed or supplied and the Consumer does not receive Tax Invoices in respect of such services (“Prepaid Metering”) then, in respect of that ICP: the Retailer will not be required to send a Tax Invoice to the Consumer; the total Distributor’s Charge included in the amount received from that Consumer will be estimated by the Retailer on receipt of such payment by applying the Price Category in respect of that ICP as advised by the Distributor to the Retailer’s estimate of the Consumer’s fixed and variable charge quantities calculated in accordance with an Assessment Method; and
Sample 1

Examples of Prepaid meters in a sentence

  • Prepaid meters are now mounted inside the dwellings, offering both security and the possibility for consumers to monitor the consump- tion of the appliances they use.

  • The details’ regarding the procurement and installation of prepaid meters is being regularly informed to the Commission.3.15.7 Prepaid meters are being installed as an option.

  • Prepaid meters display the number of units (kWh) remaining on the meter, and many have features to inform the customer when the balance is getting low, such as colored or blinking lights or an audible alert; they are also generally located within the dwelling in a visible and easy-to-reach place.

  • Pre-paid meters: the above-mentioned free kWh are only applicable to the first purchase of every month.

  • Prepaid meters are also found in developed countries including New Zealand, the UK and Northern Ireland.

  • However, no security deposit is applicable in case a connection is taken with prepaid meter.3.15.6 Prepaid meters are being procured and will be installed at consumers’ premises.

  • Pre-paid meters have been introduced in a number of cities in South Africa.

  • Prepaid meters provide electricity as long as the meter has credit, and turn off the power when the credit runs out, much like prepaid telephones.

  • Pre-paid meters won’t let the consumers to consume beyond their payment.

  • Case study: Pre-paid meters in KampalaThere is always a negative impact by middle men in any financial transaction.


More Definitions of Prepaid meters

Prepaid meters. If any ICP has Metering Equipment installed in respect of which the Consumer will pay for electricity and Distribution Services before such services are consumed or supplied and the Consumer does not receive Tax Invoices in respect of such services (“Prepaid Metering”) then, in respect of that ICP: (a) the Retailer will not be required to send a Tax Invoice to the Consumer; (b) the total Distributor’s Charge included in the amount received from that Consumer will be estimated by the Retailer on receipt of such payment by applying the Price Category in respect of that ICP as advised by the Distributor to the Retailer’s estimate of the Consumer’s fixed and variable charge quantities calculated in accordance with an Assessment Method; and (c) the total Distributor’s Charge estimated in accordance with paragraph (b) will be re-calculated by the Retailer on receipt of a meter reading with any alteration being made to the information provided under clause 6.3.1.
Sample 1

Related to Prepaid meters

  • Prepaid calling service means the right to access exclusively telecommunications services, which must be paid for in advance and which enables the origination of calls using an access number or authorization code, whether manually or electronically dialed, and that is sold in predetermined units or dollars of which the number declines with use in a known amount.

  • Prepaid Monthly Payment Any Monthly Payment received prior to its scheduled Due Date, which is intended to be applied to a Mortgage Loan on its scheduled Due Date and held in the related Custodial Account for P&I until the Withdrawal Date following its scheduled Due Date.

  • Meters shall have the meaning set forth in Section 4.6(a) hereof.

  • Prepaid wireless calling service means a telecommunications service that provides the right to utilize mobile wireless service as well as other non-telecommunications services, including the download of digital products delivered electronically, content and ancillary services, which must be paid for in advance that is sold in predetermined units or dollars of which the number declines with use in a known amount.

  • Master Meter means the meter controlled by the licensed distributor and used for settlement of the master bill with the master consumer;

  • Check Meter means the Buyer revenue-quality meter section(s) or meter(s), which Buyer may require at its discretion, and which will include those devices normally supplied by Buyer or Seller under the applicable utility electric service requirements.

  • Prepaid Card means the MasterCard Prepaid Card that you have purchased from us;

  • Sub-meter means a metering point for electricity consumption that does not include all electricity consumption for the end-use customer as defined by the electric distribution company account number. PJM shall only accept sub-meter load data from end-use customers for measurement and verification of Regulation service as set forth in the Economic Load Response rules and PJM Manuals.

  • Prepaid contract means any Contract that has terminated or been prepaid in full prior to its scheduled expiration date (including because of a Casualty Loss), other than a Defaulted Contract.

  • Prepaid Expenses has the meaning set forth in Section 1.2(f).

  • Toll Billing Exception Service (TBE) means a service that allows End Users to restrict third number billing or collect calls to their lines.

  • CIP (Destinations means Carriage and Insurance Paid up to named port of destination. Additionally the Insurance (local transportation and storage) would be extended and borne by the Supplier from ware house to the consignee site for a period including 3 months beyond date of delivery.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Return Destination means the place to which the Insured expects to return from his/her Trip as shown in the Application.

  • interval meter means a meter that measures and records electricity use on an hourly or sub-hourly basis;

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Interconnection Service means the physical and electrical interconnection of the Customer Facility with the Transmission System pursuant to the terms of Tariff, Part IV and Tariff, Part VI and the Interconnection Service Agreement entered into pursuant thereto by Interconnection Customer, the Interconnected Transmission Owner and Transmission Provider.

  • Meter means a device which records the demand and/or the electrical energy consumed and includes conventional and prepayment meters;

  • Basic generation service or "BGS" means electric generation

  • distance contract means a contract concluded between a trader and a consumer under an organised distance sales or service-provision scheme without the simultaneous physical presence of the trader and the consumer, with the exclusive use of one or more means of distance communication up to and including the time at which the contract is concluded;

  • Unmetered Load means electricity consumed on the Network that is not directly recorded using Metering Equipment, but is calculated or estimated in accordance with the Code;

  • Open type traction battery means a type of battery requiring liquid and generating hydrogen gas released to the atmosphere.

  • water meter means any apparatus for measuring or showing the volume of water supplied to, or of effluent discharged from any premises;

  • Detailed telecommunications billing service means an ancillary service of separately stating information pertaining to individual calls on a customer's billing statement.

  • Scheduled Downtime has the meaning set forth in Section 5.2.

  • Sound level meter means an instrument which includes a microphone, amplifier, RMS detector, integrator or time averager, output meter, and weighting networks used to measure sound pressure levels.