demand charge |
Definition
Energy charge based on the highest demand, during any 15 to 30 minute interval that is measured in a billing period. Demand charge may be a fixed charge per kilowatt, or divided into rate brackets: the highest charge on the first bracket, and lesser charges on the following brackets.
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demand charge is in the Accounting & Auditing, Banking, Commerce & Finance and Industries, Manufacturing, & Technology subjects.
demand charge appears in the definitions of the following terms: rate structure and ratchet clause
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