Common use of Load Reduction Clause in Contracts

Load Reduction. Load Reduction is a calculation of the effective amount of load, in Kilowatt (kW), that a Customer was able to curtail during a curtailment event. The load reduction is calculated by subtracting the Customer’s actual usage, in Kilowatt-Hour (kWh), during an event from the Customer’s baseline usage during the same time period, and dividing by the number of hours within the Curtailment Event.

Appears in 2 contracts

Sources: Peak Partner Rewards Program Agreement, Peak Partner Rewards Program Agreement