Home > Term: demand charge
demand charge
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.
- Part of Speech: noun
- Industry/Domain: Accounting
- Category: General accounting
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- anton.chausovskyy
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