Industrial Time-of-Use Schedule I Rate

Designation: 

Industrial Time-of-Use Rate

Available in:

 Reading, Lynnfield Center, North Reading, and Wilmington

Applicable to:

Service under this rate is available to industrial or commercial customers who take all their requirements under this rate.  All electricity furnished under this rate will be metered using an electronic meter capable of metering On-Peak and Off-Peak energy as well as kW demand.

Notice:

All customers taking electric service under the Industrial Time-of-Use I Rate will be required to give the Department two (2) years prior written notice of its intention to take its energy requirements from other supplier and/or resource other than this Department while remaining on the Department's service territory.

Character of service:

A.C.  60 cycles: single phase or three phase.

Customer Charge:

$27.54 per month.

Demand Charge:

$7.90 per Kilowatt for all demand usage.

Energy Charge:

$.03815 per Kilowatt-hour for all Kilowatt-hours usage during the On-Peak hours.   

$.02602 per Kilowatt-hour for all Kilowatt-hours usage during the Off-Peak hours.

Definition of Periods:

The On-Peak period is defined as the hours between 10 AM and 8 PM Monday through Friday except holidays as listed below.  The off-peak period is defined as the hours between 8 PM and 10 AM Monday through Friday and all hours Saturday, Sunday and holidays as listed below.

Term:

A customer electing to be billed under this rate must remain on this rate for a minimum of one year.  At the end of one year on this rate customer may elect to remain on this rate or be billed under the C Rate.

Fuel Adjustment:

The bill for service hereunder may be increased or decreased as provided by the Standard fuel Adjustment Clause.

Purchase Power Adjustment:

The bill for service hereunder may be increased or decreased as provided by the Purchase Power Adjustment.

Measurement of Billing Demand:

The Billing demand shall be the highest of the fifteen minute kilowatt demand established during the billing period, but not less than eighty percent of the maximum demand established during the preceding summer or sixty percent of the maximum demand established during the winter period.

Definitions of Seasons:

The summer Season is defined as the months of June through September and the Winter Season is defined as the months of October through May.

Farm Discount:

Customers who meet the eligibility requirements set forth by the Massachusetts Department of Food and Agriculture for being engaged in the business of agriculture or farming, and upon certification to the RMLD by the Department of Food and Agriculture, will be eligible for an additional ten percent discount, prior to the RMLD prompt payment discount, on rates and charges applicable on their monthly billing statement.

Optional Peak Load Reduction Service:

During the Summer Season, if the customer has the proper metering that is capable of recording hourly data in place, a customer may receive credit for shedding load at its facility. The Department will notify customers participation in this program that the Department is approaching a peak load situation and load is needed to be shed.  It is the

customer's choice as to whether load will be shed at its facility.  The customer will be given a one month credit equal to the amount of load shed coincident with the Department's peak demand on that day and the seasonal demand charge.

If the customer sheds load coincident with the Department's annual peak demand, the customer will receive a credit equal to the amount of load shed at this time and the seasonal demand charge for the next eleven months.

Customer Charge: 

$27.54 per month for each month customer receives Peak Load Reduction credit.

Customer Transformer Ownership:

A customer requiring a minimal transformer capacity of over 2000 kW will be required to furnish its own transforming and protective equipment, including mat, vault, primary and secondary cables, conduits, etc., which must comply with the specifications of the Department. The following discounts apply when the above is complied with:

$.12 per Kilowatt of demand when the service is taken at 2,400/4,160 volts.

$.25 per Kilowatt of demand when the service is taken at 13,800 volts.

$.375 per Kilowatt of demand when the service is taken at 34,500 volts.

Metering:

The Department may, at its option, meter at the customer's utilization voltage or on the high side of the transformer through which the service is furnished.  In the latter case, or if the customer's utilization voltage requires no transformation, a discount of 1.8% will be applied to the bill exclusive of the fuel charge but in no case will such discount be allowed if the metering voltage is less than 2,400 voltage

Meter Reading and Billing:

Bills under this schedule will be rendered monthly.  A prompt payment discount of 10% will be allowed on the current bill, excluding fuel adjustment charges, only if the entire bill is paid-in-full by the discount due date.

Granted Holidays

Under the Industrial Time-of-Use Schedule I Rate the holidays granted for Off-Peak are; New Years Day, President's Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, Columbus Day, Veteran's Day and Christmas Day.

General Terms and Conditions:

Service hereunder is subject to the General Terms and Conditions which are incorporated herein and are a part of this rate schedule.