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MF means Multiplying Factor which is used to calculate your bill. Energy meters are generally designed to withstand continuously 440 Volts and a maximum of 60 A current. If customer's load is more than 60 A or supply voltage is higher than 440 Volts, Current and voltage transformers are used in metering circuit to restrict the current and ...
MSP kWh is the amount of electricity consumed at the 'meter supply point', which is the customer's meter. GSP kWh is obtained by multiplying the MSP kWh by the Line Loss Factor (LLF, a figure > 1) to include the amount of electricity lost when it is conducted through the distribution network, from the 'grid supply point' to the customer's meter.
The power factor is the ratio of real to apparent power in a power system. Drawing more current results in a lower power factor. Larger currents require costlier infrastructure to minimize power loss, so consumers with low power factors get charged a higher electricity rate by their utility. [23]
The cost of running an electrical device is calculated by multiplying the device's power consumption in kilowatts by the operating time in hours, and by the price per kilowatt-hour. The unit price of electricity charged by utility companies may depend on the customer's consumption profile over time. Prices vary considerably by locality.
In electrical engineering the load factor is defined as the average load divided by the peak load in a specified time period. [1] It is a measure of the utilization rate, or efficiency of electrical energy usage; a high load factor indicates that load is using the electric system more efficiently, whereas consumers or generators that underutilize the electric distribution will have a low load ...
Criticism of the equivalence number method is justified by the fact that completely arbitrary and random keys can be chosen. For example, in the case of allocating the potable water bill in a house with only one common meter, the water consumption could be divided according to the number of occupants per apartment or the apartment's net dwelling area in m 2.
So if you have a $10,000 invoice with a factoring fee of 2 percent, you would owe a $200 factoring fee to the factoring company. Factoring fees can be fixed or tiered.
ECOES (formally the Electricity Central Online Enquiry Service) is now the Electricity Enquiry Service (EES) is a website that allows users and authorised industry parties to search for supply details (past and present) using such things as the 13-digit MPAN bottom line number, the meter serial number or the postcode. The user can determine a ...