Examples of Rate Schedule 1823 in a sentence
Carryover from prior years may occur when demand reduction fees are greater than transmission savings.[7] Total savings is the savings after deducting the demand reduction fees and carryovers from prior years.[8] The majority of the mainline pump stations in BC obtain electric service under BC Hydro's Electric Tariff, Rate Schedule 1823.
The default Energy Rate under Rate Schedule 1823 is determined under subsection (a).
The Customer will be billed for Energy and Demand in accordance with Rate Schedule 1823 and any other applicable Transmission Service rates of the Electric Tariff (the “ Rate”).
The driver for this saving arises from the additional administrative management costs incurred to use Rate Schedule 1823 subsection (b) as eligibility for this rate requires annual reviews and negotiations with BC Hydro.Where energy consumption has increased to the extent that there are no savings under Rate Schedule 1823 subsection (b), the savings will be zero.
If the Mining Customer’s Account Balance is, on the date BC Hydro issues a bill to the Mining Customer, equal to zero, the Mining Customer shall pay the amounts required under Rate Schedule 1823 instead of the Adjusted Amounts if the AP calculated in accordance with section 2.2 is zero or more.
The Power Incentive for BC energy price improvements is structured to incent Trans Mountain to obtain energy under a lower alternate rate set out in BC Hydro’s Electric Tariff, Rate Schedule 1823 (the Electric Tariff Rate Schedule 1823 sets out two rates, a higher passive or baseline rate available to all industrial users and a lower alternative rate that requires additional administrative work to obtain).
Preferred shares Preferred share capital is classified as equity if it is non-redeemable or redeemable only at the discretion of the parent company, and any dividends are discretionary.
Should a significant throughput increase be expected, Trans Mountain may elect to purchase energy under Rate Schedule 1823 subsection (a) until a new Power Smart baseline can be negotiated for the increased throughput level.[9] The actual energy rate is determined as the actual total BC energy costs, before negotiation costs, divided by the actual energy consumption.[10] The Total BC energy costs and the energy consumption are determined from the actual vendor invoices.
The placement of specified customers on Rate Schedule 1823 Energy Charge A (RS 1823A) in F2020 contained in Appendix A of the Application is approved on a final and permanent basis.
References to Electricity Supply Agreement in the Electric Tariff, including Rate Schedule 1823, shall mean this Tariff Agreement.