Common use of Demand Charge Clause in Contracts

Demand Charge. Demand shall be the maximum average kva (thousand volt amps) load used by the Facility for any period of 15 consecutive minutes during the month for which the ▇▇▇▇ is rendered, as indicated or recorded by a demand meter and shall be billed at the following rate:

Appears in 2 contracts

Sources: Electric Power and Service Contract, Electric Power and Service Contract