Definition of Interruptible or curtailable rate

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TeachMeFinance.com - explain Interruptible or curtailable rate



Interruptible or curtailable rate

The term 'Interruptible or curtailable rate' as it applies to the area of energy can be defined as ' A special electricity or natural gas arrangement under which, in return for lower rates, the customer must either reduce energy demand on short notice or allow the electric or natural gas utility to temporarily cut off the energy supply for the utility to maintain service for higher priority users. This interruption or reduction in demand typically occurs during periods of high demand for the energy (summer for electricity and winter for natural gas)'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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