Demand Charge. a. Seattle may adopt a demand charge in accordance with the methodology described in Exhibit III. The demand charge rate (i.e., dollars per 1000 gallons of deficient storage) shall be based on the equivalent cost of providing the deficient storage. b. The proceeds of the demand charge will be treated in rate setting as a credit to the New Transmission Cost Pool. c. Seattle shall suspend the demand charge rate in the event of emergencies and unforeseen conditions.
Appears in 2 contracts
Sources: Partial Requirements Contract for the Supply of Water, Full Requirements Contract for the Supply of Water