Customer Charge definition
Examples of Customer Charge in a sentence
In the event that the estimated remittances to the Initial Bond Issuer for any calendar year are less than the actual amounts of Initial Customer Charge collections, the Initial Bond Issuer shall look to the Initial Property Servicer for any such shortfall and shall have no claims against the Receivables Purchasers or the Additional Bond Issuer for such amounts.
In the event that the estimated remittances to the Additional Bond Issuer for any calendar year are less than the actual amounts of Additional Customer Charge collections, the Additional Bond Issuer shall look to the Additional Property Servicer for any such shortfall and shall have no claims against the Initial Bond Issuer or the Receivables Purchasers for such amounts.
The annual adjustment will be the same as any annual incremental change in the Customer Charge for General Service Large Volume Sales customers in the CenterPoint Energy Operating Division in which the individually metered point of delivery or aggregated points of delivery are located.
Minimum Charge: The Customer Charge and Renewable Energy Surcharge.
In addition, you will pay us the Customer Charge indicated on the Service Application, and you will pay directly, or reimburse us if we have paid, all Utility Charges and Taxes.