Metering Date definition
Examples of Metering Date in a sentence
The first Billing Period shall commence with the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.
However, in case the joint meter reading report is not signed in the first three Business Days of Metering Date of any month due to non-availability of the Procurer’s authorized representative, the report signed by the Power Producer shall be considered as joint meter reading report, the Parties agree that such joint meter reading report shall be final and binding on the Parties.
Subject to provisions mentioned above, the adjustment in payment of Tariff and the Monthly Bill shall be effective from the first Metering Date after the date from which the Change in Law becomes applicable.
The billable units shall be equal to the difference between the meter reading on the Metering Date and the meter reading on the previous months Metering Date.
The Meter Reading System shall be read by the Service Provider’s personnel on the Metering Date in the Presence of the authorized representative from the Customer, if such representative is present at the time of the reading.