The billing demand for a billing month shall be the highest
fifteen-minute demand measuring during the billing month.
The billing energy shall be the total kilowatt hours measured
during the billing period. If current is measured at secondary voltage,
the total kilowatt hours measured will be increased by 3% for transformer
losses.
The power factor shall be determined from time to time by test
(or by continuous monitoring) at a time when the customer's load is
not less than 2/3 of the maximum registered demand in the preceding
11 months. At the discretion of the Borough, if this test power factor
is less than 95%, the measured demand shall be increased by the ratio
between 95% and the power factor determined by test to determine the
billing demand.