How Your Submeter Bill Is Calculated Sample Clauses

How Your Submeter Bill Is Calculated. Your bill is calculated in the following manner: after we receive the apartment utility bill from the utility company, we’ll divide the net total charges for electrical consumption, plus applicable tax, by the total number of KWHs to obtain an average cost per KWH. This average KWH cost is then multiplied by your KWH consumption to obtain the charge to you. The computation of the average cost cannot include any penalties charged by the utility to us for disconnect, reconnect, late- payment or other similar service charges.
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