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Billing demand will be the highest of the following;
Recorded Maximum Demand between
Normal Time (0600 hrs—1800 hrs OR
Peak Time (1800 hrs—2200 hrs) OR
75 % of the Contract Demand OR 50 KVA
1. Demand Charge= Normal Demand Charge+ Time of use Charge -Incentive
a. Normal Demand Charge = Billing Demand X Ruling Demand Charge/KVA
b. Time of use Charge = Demand during peak time in excess of 60%of the demand during normal time X Ruling Demand Charge/ KVA X 0.8x4/24.
c. Incentive = Demand during off' peak time in excess of 60% of the demand during normal time (up to 105 % of the contract demand) X Ruling Demand Charge / KVA X 0.25 X 8 / 24.
2. Excess Demand Charge = Excess Billing Demand X Demand Charge / KVA x l.5 (Only if the Maximum recorded Demand during normal/peak time exceeds the Contract Demand).
3. The recorded Maximum Demand during off peak hours in excess of 105% of the Contract Demand (as against Contract Demand), shall be charged at the normal rate as we are giving incentive upto-I05% of the Contract Demand during such period.
4. Energy Charge = Normal Energy Charge + -Time of use charge - Incentive
a. Normal Energy Charge = (Normal consumption + Peak consumption + off peak consumption ) X ruling energy charges/Unit
b. Time of use charge (Only if the consumption during peak period exceeds 10% of the energy consumption during the month) = (Peak consumption—10% of the energy consumption during the month) X ruling energy charge/ unit X 0.80
c. Incentive (Only if the consumption during off peak period exceeds 30% of energy consumption during the month) = (Off peak consumption - 30% of the total consumption) X ruling energy charges/unit X 0.25.
5. Total Monthly Charges = (1) + (2) + (3) + (4)
6. In respect of HT/Deemed HT consumers having only one shift during day time, and if they shift the working time to off peak time, they will not be eligible for incentive.
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