Spotpris definition

Spotpris and “Flytende pris” power agreements are billed in arrears for a period of 1 month. “Folkepakka”, “Folkepakka Garanti”, “Trygghetspakka”, and “Innkjøp 49” are billed in advance for a period of maximum 10 weeks. The difference between paid advance and real consumption (based on meter reading) is calculated on each invoice when the meter reading is received from the customer's line owner. The same applies to the ratio of the estimated price and actually settled price. If the customer has paid too much, this will come as a deduction on the next invoice. If the customer has paid too little, this will be added on the next invoice.

Related to Spotpris

  • TELRIC means Total Element Long-Run Incremental Cost.

  • L.S.D. means lysergic acid diethylamide.

  • EUMA means the “SAP Delivered Support Agreement” which sets out the terms and conditions under which SAP provides support to End Users and which will be provided by SAP on a deal by deal basis.

  • SADC means the Southern African Development Community;

  • Flashpoint means the minimum temperature at which a liquid gives off a vapor in sufficient concentration to ignite when tested as follows: