Peak Demand Reduction definition

Peak Demand Reduction means reduction in demand on the utility system during the utility system's peak period.
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Peak Demand Reduction means the maximum value, measured in kW, in each billing cycle recorded by the Local Electric Utility Revenue Meter minus the maximum value, measured in kW, in each billing cycle recorded by the System Meter for the same 15-minute interval.
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Peak Demand Reduction. ’ means the reduc-
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Examples of Peak Demand Reduction in a sentence

  • The Licensee shall guarantee the final Actual Peak Demand Reduction Price, as set forth in the Agreement.

  • The Trustees and the Licensee have agreed to a schedule, design, specifications, and a Guaranteed Final Actual Peak Demand Reduction Price and, the Trustees have issued a building permit and Attachment 3 Authorization to proceed to Construction to the Licensee to complete the design and construct the Project.

  • The Guaranteed Final Actual Peak Demand Reduction Price shall be subject to additions and deductions by change order as provided in Article 38, Change Orders.

  • Trustees and Licensee agree to negotiate in good faith to find an alternative location where Licensee can relocate the System and from which Licensee can provide Peak Demand Reduction to Trustees in conformance with this Agreement.

  • Price - The amount of compensation for delivered Actual Peak Demand Reduction from the System stated in the Agreement expressed in terms of $0.XXXX/KW.

  • The Price paid by Trustees for Storage Services shall be the Price of $0.XXXX per Actual Peak Demand Reduction for every Billing Cycle by Contract Year specified in the table below.

  • Addendum - A document issued to the Licensee by the Trustees, prior to the agreement on the Actual Peak Demand Reduction Rate that modifies or supersedes portions of the Contract Documents.

  • If a Force Majeure Event occurs that reduces the Peak Demand Reduction of the System and Licensee determines the System cannot, within the period allowed in Section 16.4 (Licensee Early Termination Rights), be restored to a capacity sufficient to satisfy its obligations under this Agreement, Licensee shall give Trustees written notice of such determination as soon as possible.

  • If Licensee demonstrates to Trustees’ reasonable satisfaction that the System can, within the period provided in Section 16.4 of this Agreement, be repaired and restored such that the System can deliver at least fifty percent (50%) of the applicable Peak Demand Reduction for the remaining Term, then Licensee may elect to prosecute such repairs as necessary to deliver at least 50% of the applicable Peak kW demand reduction for the remaining Term.

  • The invoiced amount due from Trustees to Licensee shall be for each Billing Cycle the sum of any In Lieu of Electricity Payment for Deemed Generated Energy owing to Licensee and the amount calculated for Electricity delivered to the Electrical Interconnection Point as follows: Simple Peak kW methodology A = P x Q, where: A = Amount of payment due to Licensee for Actual Peak Demand Reduction for the Billing Cycle.


More Definitions of Peak Demand Reduction

Peak Demand Reduction. ’ means the reduction in
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Peak Demand Reduction means the re-
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Peak Demand Reduction or “PDR” means the amount of the reduction in maximum electricity service demand level (in kW AC) in a Demand Period for the Premises, calculated as True Peak Load minus Peak Demand Level.
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Related to Peak Demand Reduction

  • extended reduction means a reduction under this scheme for which a person is eligible under Part 12 (extended reductions);

  • Demand Request has the meaning set forth in Section 2(b)(i).

  • Proposed Reduction Date has the meaning set forth in Section 1.3.

  • extended reduction period means the period for which a person is in receipt of an extended reduction in accordance with paragraph 89, 96 or 101;

  • Demand response means measures that decrease peak

  • Pressure demand respirator means a positive pressure atmosphere-supplying respirator that admits breathing air to the facepiece when the positive pressure is reduced inside the facepiece by inhalation.

  • Peak Demand means the maximum Metered Demand in the last 12 months;

  • Demand Resource means a resource with the capability to provide a reduction in demand.

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Demand Registration shall have the meaning given in subsection 2.1.1.

  • Source reduction means any practice that reduces the amount of any hazardous substance, pollutant, or contaminant entering any waste stream or otherwise released into the environment prior to recycling, energy recovery, treatment, or disposal.

  • Appraisal Reduction Amount shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

  • Demand Registrations has the meaning set forth in Section 2(a).

  • alternative maximum council tax reduction means the amount determined in accordance with paragraph 31 and Schedule 4;

  • Demand respirator means an atmosphere-supplying respirator that admits breathing air to the facepiece only when a negative pressure is created inside the facepiece by inhalation.

  • Demand Registration Statement has the meaning set forth in Section 2.01(a).

  • Appraisal Reduction Event With respect to any Serviced Loan, the earliest of (i) the date on which such Serviced Loan becomes a Modified Asset, (ii) the date on which such Serviced Loan is 60 days or more delinquent in respect of any Monthly Payment, which does not include a Balloon Payment, (iii) solely in the case of a delinquent Balloon Payment, (A) the date occurring 60 days after the date on which such Balloon Payment was due (except as described in the immediately following clause (B)) or (B) if the related Mortgagor has delivered to the Master Servicer (who shall promptly deliver a copy thereof to the Special Servicer) or the Special Servicer (who shall promptly deliver a copy thereof to the Master Servicer) a refinancing commitment acceptable to the Special Servicer prior to the date 60 days after the Balloon Payment was due, the date occurring 120 days after the date on which the Balloon Payment was due (or such shorter period beyond the date on which that Balloon Payment was due during which the refinancing is scheduled to occur), (iv) the date on which the related Mortgaged Property has become an REO Property, (v) a receiver or similar official is appointed and continues for 60 days in such capacity in respect of the related Mortgaged Property, (vi) 60 days after the related Mortgagor is subject to a bankruptcy, insolvency or similar proceedings, which, in the case of an involuntary bankruptcy, insolvency or similar proceeding, is not dismissed within those 60 days, or (vii) the date on which such Serviced Loan remains outstanding five (5) years following any extension of its maturity date pursuant to Section 3.24 of this Agreement. If an Appraisal Reduction Event occurs with respect to any Serviced Mortgage Loan that is part of a Serviced Loan Combination, then an Appraisal Reduction Event shall be deemed to have occurred with respect to the related Serviced Companion Loan(s). If an Appraisal Reduction Event occurs with respect to any Serviced Companion Loan that is part of a Serviced Loan Combination, then an Appraisal Reduction Event shall be deemed to have occurred with respect to the related Serviced Mortgage Loan and any other Serviced Companion Loan(s) included as part of that Serviced Loan Combination. No Appraisal Reduction Event may occur at any time when the aggregate Certificate Balance of all Classes of Principal Balance Certificates (other than the Class A-1, Class A-2, Class A-3, Class A-4 and Class A-AB Certificates) has been reduced to zero. The Special Servicer shall notify the Master Servicer and the Master Servicer shall notify the Special Servicer, as applicable, promptly upon the occurrence of any of the foregoing events.