Consumption Based definition

Consumption Based means the method for determining an Eligible Household’s Home Energy consumption using actual energy deliveries as reported by the Vendor.
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Examples of Consumption Based in a sentence

  • The unit price for Consumption Based Services may vary during the term (as determined by Vendor).

  • Without limiting anything in this Agreement, for purposes of clarity, fees paid for Consumption- Based Products (whether prepaid and corresponding to unused consumption, or otherwise) expire at the end of the then-current Subscription Term, and are non-assignable, non-transferable, non- sublicensable, and not eligible for carry-over to subsequent Subscription Terms.

Related to Consumption Based

  • Consumption of a chemical means its conversion into another chemical via a chemical reaction.

  • estimated consumption means the consumption that a customer, whose consumption is not measured during a specific period, is deemed to have consumed and that is estimated by taking into account factors that are considered relevant by the Municipality and which may include the consumption of municipal services by the totality of the users of a service within the area where the service is rendered by the Municipality, at the appropriate level of service, for a specific time;

  • Consumption Data means customer specific electric usage data, or weather adjusted data, including but not limited to kW, kWh, voltage, var, power factor, and other information that is recorded by the electric meter for the Company and stored in its systems. Consumption Data also includes payment and service history, account number, and amount billed.

  • Delivery Point(s) means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.