Home > Term: rates, demand - three part or three charge
rates, demand - three part or three charge
Any of the foregoing types of rates may be modified by the addition of a customer charge. When such a charge is introduced in the hopkinson demand rate, it becomes a "three part rate" or "three charge rate" which consists of a charge per customer or per meter plus demand and commodity charges.
- Part of Speech: noun
- Industry/Domain: Energy
- Category: Natural gas
- Company: AGA
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- JJD
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