Utility Rates Clause Samples
The Utility Rates clause defines how charges for utilities such as electricity, water, gas, or other essential services will be determined and allocated between parties under an agreement. Typically, this clause specifies whether the tenant or landlord is responsible for paying utility costs, how rates are calculated (for example, based on actual usage or a fixed fee), and may outline procedures for billing and payment. Its core practical function is to ensure transparency and prevent disputes by clearly establishing financial responsibility for utility expenses during the term of the contract.
Utility Rates. Tenant hereby acknowledges that Landlord, or the person authorized to enter into this Rental Agreement on Landlord's behalf, has heretofore fully explained to Tenant the utility rates, charges and services for which Tenant will be required to pay, other than those to be paid by Tenant directly to the utility company furnishing service.
Utility Rates. In the solicitation or in the con- tract, Federal agencies shall specify re- quirements for annual energy audits, the energy baseline, and baseline ad- justment procedures.
Utility Rates. In respect of utility rates and charges, these will be levied at the same rate as assessed against other non-university tenants on the Campus, or as may be otherwise agreed to between the Landlord and the Tenant.
Utility Rates. One goal of this Merger is to achieve rate parity between the Town and all other constituent pieces of the Merged System. However, it is also the intent of this Merger that the City’s rate payers will not be required to subsidize the operating costs or known capital improvement costs of the Town Utility System, and the Town’s rate payers will not be required to subsidize the operating costs or known capital improvement costs of the City Utility System. To this end, the Parties acknowledge and agree that the rates and system development fees charged to the customers within the Town limits shall be set at a level sufficient to support the construction, operation, and maintenance of the Town Utility System and the Phase 1 and Phase 2 Capital Improvements for the Town Utility System, as listed in Article 4.
Utility Rates. Tenant hereby acknowledges that Landlord or Manager has heretofore fully explained to Tenant the utility rates, charges, and services for which Tenant will be required to pay, other than those to be paid by Tenant directly to the utility company furnishing service, if any.
Utility Rates. If you are a large energy user and your utility rates are high then solar or wind energy is an excellent option to consider today. In addition, looming inflation is another consideration for locking into a low annual escalation solar or wind arrangement. The PPA can be a great decision in order to make renewable energy a reality today.
Utility Rates. If no separate meter or meters exist for measuring electrical power or other utility consumption in the Premises the Landlord shall reasonably determine the Tenant’s appropriate distribution of the costs of provision of Utilities including the electrical consumption for lighting, and may determine the Tenant's electrical and other utility consumption upon whatever reasonable basis may be selected by the Landlord.
Utility Rates. The Utility Rates shall be the greater of (i) the base period utility unit costs set forth in Baseline, Schedule G and escalated at 3% per year after the year in which this Contract is entered; or (ii) the actual utility unit costs for the year in which the Cost Savings are measured. In no event shall the Utility Rate be lower than base year utility rate with appropriate escalation. Adjustments. § 489.145 (4)c Florida Statutes, requires that any Baseline adjustments must be specified in the contract. The parties agree that Baseline adjustments are authorized only to the extent authorized in section 9 and/or Schedule G (Baseline) of the Contract. Operational and Maintenance Savings and Identified Capital Savings: Baseline Energy Use Facility May June July August September October November December January February March April Usage & Cost May 2018 - Apr 2019 Offenhauser Recreation Center 7,866 9,473 12,427 11,333 10,320 10,841 8,215 7,854 8,315 5,982 5,181 5,471 103,278 $ 10,693 Wastewater Treatment Plant 390,480 436,080 482,400 438,240 413,040 354,240 350,400 371,520 429,360 385,200 418,560 463,440 4,932,960 $ 310,098 Cocoa Beach Aquatic Center Building 46,320 42,360 65,880 60,720 64,080 50,280 43,080 60,720 68,160 67,800 55,080 59,880 684,360 $ 54,155 Cocoa Beach Country Club 52,080 55,440 65,400 62,160 67,560 59,280 52,320 37,200 39,600 32,160 39,120 41,880 604,200 $ 52,188 Skate Park 2,040 1,800 2,280 2,400 2,400 3,240 3,960 3,480 1,920 2,880 6,600 4,920 37,920 $ 15,357 Fire Station #2 2,892 3,098 3,271 3,183 3,067 3,252 2,715 2,473 2,511 2,040 2,301 2,380 33,183 $ 3,404 ▇▇▇▇▇▇▇ Park 1,522 1,531 1,769 1,686 1,686 1,710 1,433 1,396 1,367 1,186 1,141 1,561 17,988 $ 1,907 City Hall 20,000 21,760 26,720 25,280 27,680 25,040 20,320 16,800 18,320 15,360 16,720 19,280 253,280 $ 21,942 Fire Station #1 36,120 41,040 51,360 51,480 54,240 47,520 37,200 29,520 31,440 27,120 32,280 38,040 477,360 $ 39,242 Water Storage Tank 37,680 27,840 29,520 31,440 32,640 34,560 32,640 29,040 27,600 23,760 27,600 29,040 363,360 $ 65,259 Ramp Road Park Restroom Building 480 475 485 476 499 484 508 597 614 520 528 542 6,208 $ 1,400 ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Park Restroom Building 897 763 811 721 595 593 672 1,120 1,131 462 466 531 8,762 $ 1,132 Totals & Averages: 598,377 641,660 742,323 689,119 677,807 591,040 553,463 561,720 630,338 564,470 605,577 666,965 7,522,859 $ 576,777 Facility May June July August September October November December January February March April Usage & Cost May 2018 ...
Utility Rates. 23. The PRHA’s surcharges for excess utilities consumption shall be based, in part, on the average amount the PRHA pays each utility provider for the water, electricity and gas supplied to the units in Pin Oaks and Pecan Acres collectively. The PRHA shall not establish surcharges based on a utility rate that fluctuates on a month-to-month basis as it did prior to the implementation of the corrective action called for in this Settlement Agreement.
24. The PRHA may increase its utility surcharge rates only after giving residents sixty (60) days advance written notice of the rate change and allowing a thirty (30) day comment period prior to the proposed effective date.
25. If more than forty (40) residents simultaneously object, in writing, to the PRHA’s proposed allowances or surcharges, the PRHA shall have a public hearing to discuss and address the specified concerns. All written objections triggering this public hearing requirement must be submitted to the PRHA’s administrative office.
Utility Rates. Nothing in this Lease shall restrict or prohibit Delmarva from seeking or making effective revisions to its Maryland retail electric rate schedules during the term hereof, it being understood that Delmarva’s retail electric rates for customers in the Service Territory shall be the same as for Delmarva’s other retail customers in the State of Maryland.