Energy Payment

The Demand Charge includes 600 kilowatt hours for each kilowatt of Billing Demand in the month.

If, during any billing month, the kilowatt hours delivered to the Customer under this rate are less than the product of 600 hours and the Billing Demand for the month, the number of kilowatt hours paid for by the Customer that were not actually delivered to the Customer shall be set up in any account to the credit of the customer. Such kilowatt hours credited in any month may be used by the Customer at any time within the immediately succeeding 35 months at no charge; except such kilowatt hours credited prior to the effective date of this rate shall be subject to a credit of $0.003115 per kwh, plus charges or credits as may be applicable by reason of the Fuel Cost Adjustment and the Purchased Power Cost Adjustment of this rate.

The above rates are subject to a Purchased Power Cost Adjustment Tracking Factor, in accordance with the Order of the Indiana Utility Regulatory Commission approved December 17, 1976, in Cause No. 34614. The Purchased Power Cost Adjustment Tracking Factor stated in Appendix A- Sheet No. 58 is applicable hereto and is issued and effective at the dates shown on Appendix A.

The Customer’s demand of electric energy supplied shall be determined for each half-hour interval of the month and said demand in kilowatts for each half-hour interval shall be two times the number of kilowatt hours recorded during each such half-hour interval. The phrase "half-hour interval" shall mean the thirty (30) minute period beginning or ending on a numbered clock hour as indicated by the clock controlling the metering equipment.

The Customer’s demand of electric energy supplied during each "System Maximum", of the Company as "System Maximum" is hereinafter defined, shall be determined and shall be used in the application of this rate until such time as a new "System Maximum" of the Company is established.