Shared Meter definition
Shared Meter means any meter that measures electric service provided to a tenant's dwelling and also measures service to other space outside that dwelling. "Service to other space" includes service to equipment, such as space-conditioning or water-heating equipment, operated for the benefit of common areas of the building or other dwelling units.
Shared Meter means any utility meter that measures gas, electric or steam service provided to a tenant’s dwelling and also measures such service to outside that dwelling and such tenant pays charges for the service to outside the dwelling measured through such meter.
Examples of Shared Meter in a sentence
Shared Meter (3765 ILCS 740) – If the utility meter that is tied to the tenant’s rental unit is shared, the landlord must state the exact formula on how the ▇▇▇▇ is calculated.