Average Electricity Bill definition

Average Electricity Bill means for each year that the Electricity Subsidy is payable under this Deed the average electricity bill based on the typical electricity consumption for a standard mid-sized household as estimated by the Energy Saving Trust for that year or by such other method as may be approved by the Councils;

Related to Average Electricity Bill

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • 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;

  • Electricity Supply Code means the Electricity Supply Code specified under section 50;