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<br /> CITY OF SAN MARCOS ELECTRIC UTILITY <br /> ELECTRIC TARIFF <br /> LARGE GENERAL SERVICE <br /> RATE SCHEDULE - LGS <br />SECONDARY VOLTAGE: (continued) <br /> <br /> Demand Charge: <br /> All kW of Billing Demand..........$ 8.60 per kW <br /> Energy Charge: <br /> All kWh........................... $ o. 0254 7 per kWh <br /> The above rate per kWh will be adjusted plus or minus in <br />accordance with the formula specified in the Power Cost Adjustment <br />Clause. The amount computed at the "Monthly Rate" shall be <br />subject to taxes, assessments or surcharges imposed by any <br />governmental authority which are assessed on the basis of revenues <br />from electric service or volume of electricity purchased or sold. <br />MINIMUM CHARGE <br /> The monthly minimum charge shall be the sum of the "Customer <br />Charge", the "Demand Charge" and all applicable rate adjustments. <br />PAYMENT <br /> All bills shall be paid on or before the fifteenth (15) day <br />following issuance. Any and all amounts remaining unpaid after <br />the due date shall be assessed a charge in the amount of ten <br />percent (10%) of the unpaid amount. Payment from state agencies <br />must be received within thirty (30) days from receipt of bill, and <br />any unpaid amount will be subject to a 1% per month interest <br />charge, following the procedures Bet forth in the Prompt Payment <br />Act. <br />CONTRACT DEMAND <br /> Service under this rate schedule requires that the customer <br />execute a standard contract for a minimum term of one year, for a <br />specified Contract Demand used in the determination of Billing <br />Demand, as set forth below. <br />DETERMINATION OF BILLING DEMAND <br /> The "Billing Demand" each month shall be the greater of the <br />following: <br /> - 12 - <br />