Common use of Calculating Tax Invoices for Distribution Service charges Clause in Contracts

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will calculate Distribution Services charges payable by the Retailer, in accordance with the following: (a) the Retailer will provide to the Distributor, by 5:00pm on the 5th Working Day after the end of each month, and in accordance with the EIEP[s] set out in paragraph (b), all information that the Distributor reasonably requires to enable it to calculate the Distribution Services charges payable by the Retailer to the Distributor; (b) the parties acknowledge that the Distributor’s Pricing Policy and Methodology is based on it receiving consumption volume information from the Retailer using: (i) either incremental normalised, replacement normalised, or incremental replacement normalised reporting methodology, as that methodology is defined in EIEP 1; (ii) summary consumption information as described in EIEP 2 where agreed; and (iii) information in respect of half-hour metered ICPs as described in EIEP 3; and (c) the Distributor will calculate the charges based on the Tariff Rates that apply to each chargeable quantity to which the Tax Invoice relates. In respect of replacement normalised consumption information, the Retailer will provide revised consumption information within 5 Working Days after the end of the month in which revised submission information was provided by the Retailer to the reconciliation manager. The Distributor will issue a Credit Note or Debit Note to the Retailer reflecting the revised consumption information on no less than a six monthly basis.

Calculating Tax Invoices for Distribution Service charges. The Retailer will provide consumption information, and the Distributor will calculate Distribution Services charges payable by the Retailer, in accordance with the following: (a) the Retailer will provide to the Distributor, by 5:00pm on the 5th 3rd Working Day after the end of each month, and in accordance with the EIEP[s] EIEP(s) set out in paragraph (b), all information that the Distributor reasonably requires to enable it to calculate the Distribution Services charges payable by the Retailer to the DistributorDistributor including any relevant smart meter data available to the Retailer; (b) the parties acknowledge that the Distributor’s Pricing Policy and Methodology is based on it receiving consumption volume information from the Retailer using: (i) either incremental normalised, replacement normalised, or i. the incremental replacement normalised reporting methodology, as that methodology is defined in EIEP 1; (ii) . summary consumption information as described in EIEP 2 where agreed2; and (iii) . information in respect of half-hour metered ICPs as described in EIEP 3; and; (c) the Distributor will calculate the charges based on the Tariff Rates that apply to each chargeable quantity to which the Tax Invoice relates. In respect of incremental replacement normalised consumption information, the Retailer will provide revised consumption information within 5 Working Days after the end of the month in which revised submission information was provided by the Retailer to the reconciliation manager. The , and the Distributor will issue a Credit Note or Debit Note to the Retailer reflecting the revised consumption information on a no less than a six 6 monthly basisbasis unless otherwise agreed.