Examples of Related Component in a sentence
However, when the Utility determines the Customer's Meter will record little or no energy use for extended periods of time or when the Customer's Meter has not recorded a Maximum Demand in the preceding eleven (11) months, the Facilities Related Component of the Demand Charge may be established at fifty percent (50%) of the Customer's Connected Load.
The Facilities Related Component shall be for the kilowatts of Maximum Demand recorded during (or established for) the monthly billing period.
The Time Related Component shall be for the kilowatts of Maximum Demand recorded during (or established for) the monthly billing period.
The Time Related Component shall be for the kilowatts of Maximum Demand recorded during (or established for) the monthly billing period for each of the On-Peak, Mid-Peak, and Off-Peak Time Periods.
Rate of related component cannot be more than the Cap Rate. For Profit Type ‘Floor’, if the total floating rate is less than the Floor Rate and if Related Component is specified, the final rate will be taken as Floor Rate minus profit rate of the Related Component.
Similarly, if the final rate is below Floor Rate, final rate is decided as explained for the Floor profit type above. If the profit type is ‘Normal’, both final rate as well as the spread will be taken as it is.Also, Related Component will not be applicable in this case.
If Related Component is not maintained, final rate will be the Floor Rate minus the spread component. If Profit Type is ‘Corridor’ then, final rate will lie between the Floor Rate and Cap Rate.
The Facilities Related Component shall be for the greater of the kilowatts of Maximum Demand recorded during (or established for) the monthly billing period or 50% of the highest Maximum Demand established in the preceding eleven (11) months (Ratcheted Demand).
Rate of related component cannot be more than the Cap Rate.• For Interest Type ‘Floor’, if the total floating rate is less than the Floor Rate and if Related Component is specified, the final rate will be taken as Floor Rate minus interest rate of the Related Component.
If Related Component is not maintained, final rate will be the Floor Rate minus the spread component.• If Interest Type is ‘Corridor’ then, final rate will lie between the Floor Rate and Cap Rate.