Fixed Adder definition

Fixed Adder means Billing Price Determinants as submitted by ESCO that are based solely upon a fixed amount to be added to the Electricity Supply Cost that would have otherwise been charged to the same Customer if the Electricity Supply Service had been provided by NATIONAL GRID, to determine the Accounts Receivable, EXCLUSIVE of any applicable sales taxes imposed on ESCO’s revenues.
View Source

Examples of Fixed Adder in a sentence

  • Exhibit D shall contain the monthly Fixed Adder Component ($/kWh) and the monthly Capacity Component ($/kW-mo) for each month during the Term of Service.

  • Exhibit D shall contain the monthly Fixed Adder Component ($/kWh) for each month during the Term of Service.

  • In the event that ESCO selects a billing option that provides for a Fixed Adder, NATIONAL GRID shall apply the same Tariff surcharge(s) allowed under its Tariff to the resulting Electricity Supply Cost as would have otherwise been charged to the same customer if Electricity Supply Service had been provided by NATIONAL GRID, unless ESCO includes the Tariff surcharges in the Fixed Adder.

  • Revisions to the Fixed Adder submitted in accordance with the requirements of Section 2.3 shall be effective for purposes of calculating the Accounts Receivable under Section 2.1 as of the Effective Price Change Date.