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<br /> SAN MARCOS ELECTRIC UTILITY <br /> ELECTRIC TARIFF <br />ISSUED BY: CITY OF SAN MARCOS, TEXAS SHEET NO. <br />EFFECTIVE DATE: 12/1/89 REVISION NO. <br /> <br /> LARGE GENERAL SERVICE <br /> RATE SCHEDULE - LGS <br />PAYMENT <br />The due date of the bill shall be fifteen (15) days after <br />issuance, and payment must be received in the electric utility <br />office of the City by 5:00 P.M. on the due date. Any and all <br />amounts remaining unpaid after the due date shall be assessed a <br />charge in the amount of ten percent (10%) of the unpaid amount. <br />Payment from state agencies must be received within thirty (30) <br />days from receipt of bill, and any unpaid amount will be subject <br />to a 1% per month interest charge. <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 />a. the highest kW demand established during any 30 minute <br /> period during the month; <br />b. 65% of the highest kW demand established during the <br /> immediately preceding 11 months; <br />c. 350 kW or 50% of the Contract Demand. <br /> -16- <br />