Submetering definition

Submetering. If and so long as Landlord provides electricity to the demised premises on a submetering basis, Tenant covenants and agrees to purchase the same from Landlord or Landlord's designated agent at charges, terms and rates set, from time to time, during the term of this lease by Landlord but not more than those specified in the service classification in effect on January 1, 1970 pursuant to which Landlord then purchased electric current from the public utility corporation serving the part of the city where the building is located; provided however, said charges shall be increased in the same percentage as any percentage increase in the billing to Landlord for electricity for the entire building, by reason of increase in Landlord's electric rates or service classifications, subsequent to January 1, 1970, and so as to reflect any increase in Landlord's electric charges, including changes in market prices for electricity from utilities and/or other providers, in fuel adjustments, or by taxes or charges of any kind imposed on Landlord 's electricity purchases or redistribution, or for any other such reason, subsequent to said date. Any such percentage increase in Landlord's billing for electricity due to changes in rates, service classifications, or market prices, shall be computed by the application of the average consumption (energy and demand) of electricity for the entire building for the twelve (12) full months immediately prior to the rate and/or service classification change, or any changed methods of or rules on billing for same, applied on a consistent basis to the new rate and/or service classification or market price, and to the service classification and rate in effect on January 1, 1970. If the average consumption of electricity for the entire building for said prior twelve (12) months cannot reasonably be applied and used with respect to changed methods of or rules on billing, then the percentage shall be computed by the use of the average consumption (energy and demand) for the entire building for the first three (3) months after such change, projected to a full twelve (12) months, so as to reflect the different seasons; and that same consumption, so projected, shall be applied to the service classification and rate in effect on January 1, 1970. Where more than one meter measures the service of Tenant in the building, the service rendered through each meter may be computed and billed separately in accordance with the rates herein specified. Bills the...

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Submetering means the implementation of separate meters for each tenant in a multi- tenant property in order to bill tenants for individual water usage.

Submetering basis or on a "rent inclusion" basis. Electricity and electric service, as used herein, shall mean any element affecting the generation, transmission, and/or distribution or redistribution of electricity, including but not limited to services which facilitate the distribution of service.

Examples of Submetering in a sentence

• Billing for electricity will be in accordance with the Electrical Submetering Terms and billing for water/sewer will be in accordance with the PUC Disclosures, both of which are attached appearing on the final page of this Housing Agreement; by signing this Housing Agreement, Resident agrees to the Electrical Submetering Terms and acknowledges receipt of the PUC Disclosures.

• Billing for electricity will be in accordance with the Electrical Submetering Terms attached appearing on page 8 below; by signing this Housing Agreement, Resident agrees to the Electrical Submetering Terms.

• Billing for electricity will be in accordance with the Electrical Submetering Terms and billing for water/sewer will be in accordance with the PUC Disclosures attached appearing on the final page of this Housing Agreement; by signing this Housing Agreement, Resident agrees to the Electrical Submetering Terms and acknowledges receipt of the PUC Disclosures.

• Electrical Submetering: Your dwelling unit is submetered for electricity.

• Tenant may audit Landlord’s readings of the Submetering Equipment and Landlord shall deliver reasonably detailed invoices to Tenant reflecting Landlord’s reading of the Submetering Equipment and resulting electricity costs.

More Definitions of Submetering

Submetering means the installation and operation of equipment to determine the estimated use of water for each tenant or premanufactured home owner;

Submetering basis or on a "rent inclusion" basis.

Submetering means dwelling or rental unit electrical or natural gas direct remetering performed by the owner to measure the tenant's electrical or natural gas usage and to render a bill for such usage.

Submetering means the resale of Services (as defined herein) to individual units through Submeters.

Submetering means the installation of equipment to determine the

Submetering means the resale of water service by use of a SUBMETER by the OWNER charging a rate that does not exceed the OWNER’s actual purchase price from TWA.

Submetering means the installation of equipment for the purpose of determining the