Commercial customers pay a demand surcharge
based on their peak power usage, which represents up to 40% of their total power bill.
85 cents in 1995 -- and an average demand surcharge of 24.
This system -- first implemented in 1994 and approved by the FERC as part of the funding settlement -- provides for collection of revenues from interstate natural gas pipelines through a two-part mechanism designed to generate 50 percent of revenues from volumetric surcharges and 50 percent from demand surcharges.
Navy Federal members, like consumers nationwide, continue to demand surcharge
free ATM access in convenient, safe locations where they live, work, and travel," said Doug Miraglia, president of the MoneyPass network.
85 cents per decatherm (Dth) -- unchanged from previous filings -- and an average demand surcharge of 25 cents/Dth -- up from the 1994 average of 20.
The requested increase in the demand surcharge is intended to correct the demand/volumetric imbalances in the collection of revenues and restore the 50/50 balance in the GRI funding system.
The proposed increase in the demand surcharge is within the limits established by the Stipulation and Agreement approved by the FERC in March 1993 and is necessary to reestablish the 50/50 balance as specified in the settlement.
The 1994 funding approach relies upon two levels of demand surcharge
(one for high-load-factor customers, another for low-load-factor customers), a flat 2-cent small customer surcharge and individual pipeline funding targets to mitigate the impact of the new funding mechanism on various core customer segments.
Another key market is the energy space, where this battery technology enables renewable power producers to meet stringent grid interconnection requirements, helps grid operators stabilize their grid and electricity users reduce their utilities bill by avoiding demand surcharges
, and enables arbitrage.
The goal is to collect 50 percent of revenues from volumetric surcharges and 50 percent from demand surcharges