Examples of Tariff Option in a sentence
The Low User rates are only available to customers who meet the eligibility criteria in the Electricity (Low Fixed Charge Tariff Option for Domestic Consumers) Regulations 2004 and where exemptions are not currently in place.
If the meter register configuration at an ICP is changed at any time, the Retailer will change the Tariff Option to match the new configuration and notify the Distributor of the change using the appropriate EIEP within 10 Working Days after the change.
Option to match meter register configuration: If the Distributor provides options within a Price Category that correspond to alternative eligible meter register configurations (“Tariff Options”), the Retailer will select the Tariff Option that corresponds to the configuration of each meter register installed at the relevant ICP and notify the Distributor of that selection within 10 Working Days after its selection using the appropriate EIEP.
If the Consumer (usually a Territorial Local Authority or Transit NZ) has elected to receive a streetlight controlled supply and be charged on the basis of the relevant Controlled Supply Price Category or Tariff Option in accordance with schedule 9, the Distributor Streetlights and other lights (e.g. billboard lights, bus shelter lights and public amenity lights) connected to streetlight circuits.
A Retailer supplying a Consumer may change that Consumer from a Price Category or a Tariff Option to another Price Category or Tariff Option only once in any period of 12 consecutive months.
To be eligible for the Low Fixed Charge Tariff Option the connection must meet the residential definition of “a residential consumer is where the consumer's metered point of connection to the network is for the purposes of supplying a home (the principle place of residence of the consumer), not normally used for any business activity and not used as a holiday home.
The Electricity (Low Fixed Charge Tariff Option for Domestic Consumers) Regulations 2004 requiring a low fixed charge option for each domestic tariff has increased the number of options.
In line with the Electricity (Low Fixed Charge Tariff Option for Domestic Consumers) Regulations 2004, residential customers consuming less than 9000 kWh per annum are able to transfer to the Residential Low User option tariffs.
No Controlled Price Category or Controlled Tariff Option is available at those GXPs where the Distributor does not have operational Load Control Equipment.
Such adjustment to the charges may include recovery from the Retailer of any underpayment by the Retailer resulting from the Low-Usage Tariff Option being applied other than in accordance with this Pricing Schedule, together with interest, calculated at the Interest Rate on the first day of the period during which the Low-Usage Tariff Option was incorrectly applied, until the day on which the underpayment is recovered by the Distributor.