Examples of Unit Charge in a sentence
For example, Crown Gas & Power may offer the Customer`s energy broker a unit rate of 25p per kWh to which the energy broker applies an uplift of 0.5p per kWh. The Customer would, therefore, pay a Unit Charge of 25.5p per kWh. If the estimated annual Electricity consumption was 15,000 kWh and the Customer`s supply contract was for a period of 2 years, the total estimated commission the energy broker would receive would be £150 (0.5p x 15,000 / 100 x 2).
If the Customer fails to set up or, at any time cancels, its direct debit arrangement without prior consent in writing from Crown Gas & Power, or the direct debit mandate is not effective, Crown Gas & Power may increase the Unit Charge by 2.0p/kWh and charge the Customer an administration fee of £1.00 per day which shall be added to the standing charge until payment by direct debit is established or resumed.