1 minute read
10 Capacity Ratchet and Overrun Charges
9.2 A User shall pay a Customer Charge in respect of each of the User's Registered Supply Meter Points.
10 Capacity Ratchet and Overrun Charges
10.1 If for any reason on any Day in a calendar month ("an overrun month") the quantity of gas offtaken by a User at a Firm DM Supply Meter Point or Very Large DM Supply Meter Point (as applicable) exceeds the User's Registered Supply Meter Point Capacity at the relevant Supply Meter Point (each a “capacity ratchet day”) the User’s Registered Supply Meter Point Capacity at the Firm DM Supply Meter Point or Very Large DM Supply Meter Point (as applicable) shall automatically (a “capacity ratchet”) be increased in accordance with paragraph 10.3.
10.2 For the purposes of this paragraph 10 in respect of a capacity ratchet day the “capacity ratchet amount” is the amount by which the User’s UDQO exceeds the User’s Registered Supply Meter Point Capacity at the Firm DM Supply Meter Point or Very Large DM Supply Meter Point (as applicable).
10.3 Where paragraph 10.1 applies in respect of a F i r m DM Supply Meter Point or Very Large DM Supply Meter Point (as applicable) with effect from the first Day of the month following the overrun month the User’s Registered Supply Meter Point Capacity at the Firm DM Supply Meter Point shall or Very Large DM Supply Meter Point (as applicable) be the sum of:
(a) the User’s Registered Supply Meter Point Capacity at the Firm DM Supply Meter Point or Very Large DM Supply Meter Point (as applicable) on the last Day of the preceding calendar month; and
(b) the highest capacity ratchet amount at the Firm DM Supply Meter Point or Very Large DM Supply Meter Point (as applicable) on any capacity ratchet day in the preceding calendar month.
10.4 Where pursuant to Section M paragraph 8 an Error Revised Quantity has been determined for a Firm DM Supply Meter Point or Very Large DM Supply Meter Point (as applicable) the Operator will re-determine the amounts (if any) of relevant capacity ratchet amounts and Overrun Charges and invoice adjustments will be made by way of debit or credit.
10.5 Overrun Charges shall be invoiced and payable in accordance with Section K.
