Average consumption definition

Average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing by three the total measured consumption of that service by that customer over the preceding three months;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing the total measured consumption of that service over that period, by the number of periods;

Average consumption means the deemed consumption of a customer of a municipal service during a specific period, which consumption is calculated by adding the recorded monthly average consumption and the current actual consumption and dividing the total by 2;

Examples of Average consumption in a sentence

• The payment will be based on logbook entries, but will be limited to monthly consumption based on run hour meter reading and SSA Average consumption in litres/hour.

• If the ceiling limit based on the Circle Average consumption/hour in a site is less than the actual consumption based on log book entry continuously for two consecutive months, and the contractor feels that Average consumption per litre in that site is to be reviewed due to aging of DG or other factors then a test run can be requested by the vendor to calculate the Average consumption/hour for that particular site.

• Average consumption in units is determined per active prepaid meter using a trend analysis of historical consumer purchase data per meter for the months of May, June and July.

• The purchase officer will make special arrangements to get the materials which reach at their danger levels so that the production may not stop due to shortage of materials.Danger Level = Average consumption x Max.re-order period for emergency purchases.

• Average consumption in units is determined per active prepaid meter using a trend analysis of historical consumer purchase data per meter for the months of May, June and July.The deferred portion of revenue is the amount by which the actual prepaid electricity sold for the month of June exceeds the average consumption calculated.

More Definitions of Average consumption

Average consumption means the average consumption of a consumer of a municipal service during a specific period, and is calculated by dividing the total measured consumption of that municipal service by that consumer over the preceding three months by three;

Average consumption means the average consumption of a customer of a

Average consumption means the deemed consumption of a customer of a municipal service during a specific period.

Average consumption means a consumer's estimated average consumption of a municipal service during a specific period, which is calculated by dividing the consumer's total measured consumption of that municipal service for the preceding four months by four;

Average consumption means the average consumption by a customer of a municipal service and may be calculated on the basis of the average usage over the prior calendar year 3 month seasonal average, circumstances of the consumer or any other practical method deemed appropriate given the specific set of circumstances of a consumer, within the capabilities of the financial system for purposes of an audit trail;

Average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated on the basis of consumption over the preceding or succeeding twelve months .

Average consumption means the average consumption by a customer of a municipal service during a specific period, which consumption is calculated by dividing the total measured consumption of that municipal service by the customer over the preceding twelve months by twelve;