Monthly Demand Charge definition

Monthly Demand Charge. The Network Customer shall pay a monthly demand charge, which shall be determined by multiplying its Load Ratio Share times one- twelfth (1/12) of the Transmission Provider's annual transmission revenue requirement specified in Attachment H herein. A new Network Customer shall pay the monthly demand charge commencing on the first day of the month during which Network Integration Transmission Service is initiated.
Monthly Demand Charge means the payments to be made by Customer to ECS pursuant to Section 3.2 of this Agreement.
Monthly Demand Charge for a Month shall be equal to the product of (i) the Monthly Billing Demand for the Month (in kW), and (ii) the Monthly Demand Rate ($/kW- Month).

Examples of Monthly Demand Charge in a sentence

  • The Monthly Demand Charge will be recalculated to produce an annual demand revenue of $250,161 established in Cause No. 44988 to become effective in June.

  • The Monthly Demand Charge will be recalculated to produce an annual demand revenue of $805,239 established in Cause No. 44988 to become effective in June.

  • The Monthly Demand Charge will be recalculated to produce an annual demand revenue of $2,549,903 established in Cause No. 44988 to become effective in June.

  • Such Monthly Demand Charge shall be due and payable in advance on the first day of each calendar month during the Hydrogen Reduction Period (prorated with respect to any partial month occurring at the beginning or end of the Hydrogen Reduction Period).

  • The Monthly Demand Charge under this Special Contract will be $40,000.

  • The Monthly Demand Charge will increase by a factor equal to one- half (1/2) the annual change in the “Canadian Consumer Price Index, All Items Not Seasonally Adjusted”, for the previous calendar year as published monthly in “The Consumer Price Index” as published by Statistics Canada (Table: 18-10-0004-13), or zero, whichever is greater, commencing April 1, [year] and each April 1st thereafter.

  • The Monthly Demand Charge set forth in the previous sentence is a discount from the firm charge multiplied by the Contracted Peak Demand.

  • The Monthly Demand Charge will be recalculated to produce an annual demand revenue of $17,492,582 established in Cause No. 45967 to become effective in June.

  • The charge will be equivalent to the Monthly Demand Charge, which is the product of the Network Customer’s Monthly Network Load (determined pursuant to Section 34.2 of the Tariff) and the Transmission Provider’s monthly transmission rate as established in Attachment H-1 of the Tariff.

  • Commencing the first month after the Start Date, the Monthly Demand Charge shall be payable in twelve equal monthly installments beginning the first month of each Contract Year.


More Definitions of Monthly Demand Charge

Monthly Demand Charge. Demand charge $8.00 per kW
Monthly Demand Charge means the charge set forth in Section 6.2. “Monthly Demand Rate” shall have the meaning specified in Section 6.2(a). “Monthly Fuel Charge” shall have the meaning specified in Section 6.4(a).