Volumetric Rate definition

Volumetric Rate means the rate per cubic meter of water consumed.

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Volumetric Rate means $.2263 (5%) per MCF for Transport Gas distributed to Transportation Consumers. The Volumetric Rate shall be subject to adjustment and recalculation in the future in accordance with the provisions set forth below. The Volumetric Rate Calculation form incorporated herein and attached hereto as Attachment A shall be used for recalculating the Volumetric Rate. There shall be an annual recalculation of the Volumetric Rate which shall be effective each January 1. The recalculation shall be based on Settlement Prices for the twelve (12) month period beginning in July of the second (2nd) preceding year and ending in June of the preceding year. For the fifteen (15th) day of each month during said twelve (12) month period, the Settlement Prices for natural gas for the next twelve (12) months will be summed and divided by twelve (12) to determine an average Settlement Price. The average Settlement Prices for each of the twelve (12) months shall then be summed and divided by twelve (12) and multiplied by five percent to obtain the Volumetric Rate to be effective January 1 of the next succeeding year. The Volumetric Rates shall be calculated in accordance with the procedures set out herein and filed with the City Clerk by July 31 of each year for those rates to be effective on January 1 of the following year.

Volumetric Rate means the rate (measured in cents) applicable to each MCF of Transport Gas distributed to customers transporting gas within the City. The rate shall be the sum of the average Settlement Prices based on the twelve-month period beginning on 15th day of July of the second preceding year and ending on the 15th day of June of the preceding year and calculated as illustrated in the Volumetric Rate Calculation Form, attached hereto as Attachment

Examples of Volumetric Rate in a sentence

In addition to the Index-Based Volumetric Rate or the Fixed Volumetric Rate, Shipper will reimburse Transporter for Applicable Fuel and Applicable Surcharges as defined in Section 1 above.
Index-Based Volumetric Rate: Index-Based Volumetric Rate = (Net Daily Spread - Index Spread Adjustment) Where: Net Daily Spread = (KRGT-Del Pool - KRGT-Rec Pool - Applicable Fuel - Applicable Surcharges).
Monthly Index-Based Volumetric Rate: Transporter and Shipper may alternately mutually agree to a Monthly Index-Based Volumetric Rate for all or a portion of the quantities scheduled under this Agreement.
Fixed Volumetric Rate: If the Index-Based Volumetric Rate is $0.4399 per Dth or lower, Transporter may establish a Fixed Volumetric Rate(s) for all or a portion of the quantities scheduled under this Agreement, in which case Transporter will send Shipper a written communication establishing such Fixed Volumetric Rate(s) and the quantities and gas day(s) for which the Fixed Volumetric Rate(s) will apply.
The Negotiated Rate will be the Index-Based Volumetric Rate set forth in Section 1, unless Transporter and Shipper agree to a Fixed Volumetric Rate pursuant to Section 2, or the Alternate Rate pursuant to Section 4 applies.
Index-Based Volumetric Rate = Net Monthly Spread where: Columbia Gas, App.
The Negotiated Rate will be the Index-Based Volumetric Rate set forth in Section 1, unless Transporter establishes a Fixed Volumetric Rate pursuant to Section 2, or implements the Alternate Rate pursuant to Section 4.
For any water wheeled by the Town through the Town’s water system for the Company, the Company shall pay the Town the Volumetric Rate plus twenty percent (20%) of the Volumetric Rate set forth in Section 7.
The Negotiated Rate will be the Index-Based Volumetric Rate set forth in Section 1, unless Transporter and Shipper have agreed to a Fixed Volumetric Rate pursuant to Section 2, or the Alternate Rate pursuant to Section 4 applies.
Monthly Index-Based Volumetric Rate: Transporter and Shipper may alternately mutually agree to a Monthly Index-Based Volumetric Rate for all, or a portion of the quantities scheduled under this Agreement.

More Definitions of Volumetric Rate

Volumetric Rate means $0.2114 per MCF for Transport Gas distributed to Transportation Consumers. The Volumetric Rate shall be subject to adjustment and recalculation in the future in accordance with the provisions set forth below. The Volumetric Rate Calculation form incorporated herein and attached hereto as Attachment A shall be used for recalculating the Volumetric Rate. There shall be an annual recalculation of the Volumetric Rate which shall be effective each January 1. The recalculation shall be based on Settlement Prices for the twelve (12) month period beginning in July of the second (2nd) preceding year and ending in June of the preceding year. For the fifteen (15th) day of each month during said twelve (12) month period, the Settlement Prices for natural gas for the next twelve (12) months will be summed and divided by twelve (12) to determine an average Settlement Price.

Volumetric Rate means $0.0691 per MCF for those Consumers organized or existing under state law having the power under state law to levy taxes. For all other Consumers, the Volumetric Rate shall mean $0.1728 per MCF. The Volumetric Rate shall be subject to adjustment and recalculation in the future in accordance with the provisions set forth below. The Volumetric Rate calculation forms incorporated herein and attached hereto as Attachments A-1 and A-2 shall be used for recalculating the Volumetric Rate. Attachment A-1 shall be applicable to those Consumers organized or existing under state law and having the power under state law to levy taxes. Attachment A-2 shall be applicable to all other Consumers. There shall be an annual recalculation of the Volumetric Rate which shall be effective each January 1. The recalculation shall be based on Settlement Prices for the twelve (12) month period beginning in July of the second (2nd) preceding year and ending in June of the preceding year. For the fifteenth (15th) day of each month during said twelve (12) month period, the Settlement Prices for natural gas for the next twelve (12) months will be summed and divided by twelve (12) to determine an average Settlement Price. The average Settlement Prices for each of the twelve

Volumetric Rate means $0.0819 per MCF or $0.00819 per CCF for those Consumers organized or existing under state law having the power under state law to levy taxes. For all other Consumers, the Volumetric Rate shall mean $0.2049 per MCF or $0.02049 per CCF. The Volumetric Rate shall be subject to adjustment and recalculation in the future in accordance with the provisions set forth below. The Volumetric Rate calculation forms incorporated herein and attached hereto as Attachments A-1 and A-2 shall be used for recalculating the Volumetric Rate. Attachment A-1 shall be applicable to those Consumers organized or existing under state law and having the power under state law to levy taxes. Attachment A-2 shall be applicable to all other Consumers. There shall be an annual

Volumetric Rate means Four Point Two Five Percent (4.25%) of the Calculated Value of Transport Gas as determined by Grantee in accordance with the provisions of this definition. The Volumetric Rate Calculation Form incorporated herein as Exhibit “A” shall be used for the calculation of the Volumetric Rate; provided, that the Grantor enacts an ordinance as described in Paragraph 3.B(1) below, the four point two five percent (4.25%) multiplier labeled “4.25% Bundled Franchise Fee Rate” set forth on “Exhibit A” shall be completed by Grantee and filed with the City Clerk of the City upon Grantee’s acceptance of this franchise and annually by each July following acceptance. The calculation filed upon Grantee’s acceptance of this franchise shall be effective from the date of such filing through and including December 31 of the next succeeding calendar year. The calculation filed by Grantee on July 31 in years following the year of acceptance of this franchise shall be effective on January 1 of the next succeeding calendar year through and including December 31 of such calendar year. The calculation shall be subject to review by the City for mathematical correctness and the City shall notify Grantee in writing within forty-five (45) calendar days after submission if the City deems such calculation to be incorrect. The volumetric rate calculation shall be based on the average of the average Settlement Prices for the twelve-month period beginning in July of the immediately preceding year and ending in June immediately preceding the July 31 calculation. The average Settlement Prices for each month during said twelve-month period shall be calculated by adding the Settlement Prices for such

Volumetric Rate means O&M Costs of the Core System divided by annual metered flow of treated water and shall be determined retrospectively from the County’s share of O&M Costs for t he Core System facilities for the Fiscal Year prior to the one in question.

Volumetric Rate means the charge per 1,000 gallons of wastewater that has the characteristics of an equivalent residential unit.